Teuton Resources announces that it has completed a non-brokered private placement of 2,000,000 units at $0.80 per unit, consisting of a share and a half warrant entitling the subscriber to purchaser, with a full warrant, another share at a price of $1.20 for two years from closing. All securities issued pursuant to the private placement are subject to a statutory four-month hold period. The private placement was [...]
Teuton Resources announces that it intends to complete a non-brokered private placement consisting of the issuance of 2,000,000 units at a price of $0.80 per unit for gross proceeds of $1,600,000. Each unit will consist of one common share and one-half of a warrant; each whole warrant entitles the purchaser to obtain one common share exercisable at $1.20, valid for two years from the closing of the private placement. The [...]
Teuton Resources is pleased to report that Joint Venture partner Tudor Gold has announced commencement of the 2025 exploration drill program at the Treaty Creek Project. Teuton owns a 20% carried interest in the Treaty Creek JV as well as a 0.98% Net Smelter Royalty in the Goldstorm Deposit with no buyback terms. Tudor in a June 19, 2025 news release reported as follows: 2025 Exploration Program Phase 1 drilling of the [...]
Teuton Resources and Luxor Metals announce that the previously announced spin-out transaction involving both parties, implemented by way of a plan of arrangement, has closed on May 16, 2025. Pursuant to the Arrangement, Teuton has transferred to Luxor $1.9 million in cash and securities, and mineral claims covering approximately 20,481 ha in BC. As consideration for the aforementioned assets, Luxor has issued 19,248,960 [...]
Teuton Resources and Luxor Metals expects to close on May 16, 2025, the spin-out transaction involving both parties, implemented by way of a plan of arrangement On closing, Teuton will be transferring to Luxor $1.9 million in cash and securities, and mineral claims covering approximately 20,481 ha BC. In exchange, Luxor will be issuing 19,248,960 common shares to Teuton, who will in turn distribute such shares to Teuton [...]
Teuton Resources announces the following plans for 2025 on several of its properties in the Stewart region, commonly known as the "Golden Triangle". Ram Property The Ram property is situated east of Stewart, BC, adjoining the southwest portion of Ascot Resources' Red Mountain property. The Ram property is jointly owned by Teuton and Silver Grail Resources. A five-year permit was applied for in 2024 and is now in the final [...]
Teuton Resources Corp. is pleased to report that Joint Venture partner Tudor Gold has announced that it has received exploration permits from the British Columbia Ministry of Mining and Critical Minerals for its flagship Treaty Creek Property, located in the heart of the Golden Triangle of Northwestern British Columbia. ?The exploration permit for the Treaty Creek Project is valid through May 31, 2030, authorizing Tudor [...]
Teuton Resources is pleased to report that Joint Venture partner Tudor Gold has announced an update to ongoing metallurgical testwork on the Goldstorm Gold, Copper and Silver Deposit. Highlights from the recent follow-up metallurgical testing on the Lower CS-600 sub-domain included a significant increase in gold recovery: Flotation recoveries and gold extraction within the Lower CS-600 sub-domain totaled up to 85.8 [...]
Teuton Resources announces that, in conformance with its omnibus equity incentive plan as recently approved by the shareholders of the Company at its Annual General Meeting held April 4, 2025, the Company has granted to certain directors, employees and consultants, options to purchase 3,200,000 shares of the Company at a price of $0.88 per share, exercisable until April 16, 2030. The new grants are subject to the policies [...]
Teuton Resources is pleased to announce that it has received both shareholder and court approval for its proposed plan of arrangement, under which Teuton will spin out some of its mineral properties along with $1.9 million in cash and securities to its wholly-owned subsidiary, Luxor Metals Ltd. More specific information about the Arrangement can be found in the Company's management information circular dated March 7 [...]
Teuton Resources is pleased to report that JV partner Tudor Gold has announced initial results from ongoing metallurgical test work on the high-grade gold Supercell-One Complex, located at the Treaty Creek Project. The initial metallurgical results of the SC-1 composites follow the highly successful initial metallurgical results of the CS-600 Sub-Domain which were released in Tudor's press release dated Oct 24, 2024 and [...]
Teuton Resources is pleased to announce that its Board of Directors has approved a spin-out of certain mineral properties and other assets to its wholly owned subsidiary, Luxor Metals, through a statutory plan of arrangement. In connection with the proposed Arrangement, Teuton and SpinCo have entered into an arrangement agreement as of today's date. The contiguous properties proposed for the spin-out have previously been [...]
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