Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce a private placement of up to $600,000. Teuton plans to raise $500,000 by the sale of 2,000,000 flow-through units at $0.25 per unit and an additional $100,000 by the sale of 500,000 non flow-through units at $0.20 per unit. Each of the flow-through units will consist of one common share and one non-transferable share purchase warrant: one warrant will entitle the holder to purchase one additional non-flow through common share of Teuton for a period of three months at a price of $0.30 per share; after three months it will take two warrants to purchase one additional common share of Teuton at a price of $0.30 per share until the expiration of two years from the original issue date of the warrants. Each of the non flow-through units will consist of one common share and one-non transferable share purchase warrant: one warrant will entitle the holder to purchase one additional non-flow through common share of Teuton for a period of three months at a price of $0.25 per share; after three months it will take two warrants to purchase one additional common share of Teuton at a price of $0.25 per share until the expiration of two years from the original issue date of the warrants.

The proceeds from the flow-through portion of the private placement will be used for drilling programs on Teuton’s wholly owned Bonsai and Del Norte properties. In the event that current negotiations with prospective optionees interested in funding drilling programs on the Bonsai or Del Norte (or both together) succeed, then the proceeds will be used on drilling programs on certain of Teuton’s other properties in the Stewart region. Teuton currently has four other properties which have received drill permits from government authorities.

The proceeds from the non flow-through portion of the private placement will be used for general corporate purposes.

Teuton will pay a finder’s fee or commission in accordance with the policies of the TSX Venture Exchange. The private placement is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

“D. Cremonese”

Dino Cremonese, P.Eng.

President and Director

Teuton Resources Corp

Minvita Enterprises Ltd.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein