Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

Teuton Resources Corp. is a Canada-based exploration-stage company. The Company is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia, Canada. The Company owns interests in more than thirty properties in the prolific Golden Triangle area of northwestern British Columbia. Its property portfolio includes Treaty Creek Property, Eskay Rift Property, Harry Property, Del Norte Property, Lord Nelson Property, Orion Property, Big Gold Property, Tonga Property, Fiji Property, King Tut Property, Tuck Property, High North Property, Delta Property, Fairweather Property, Tennyson Property, Pearson Property, Clone Property, Four J’s Property, Konkin Silver Property, Midas Property, Bay Silver Property, Bonsai Property, Gold Mountain Property, Ram Property, Silver Leduc Property, Stamp Property, and Treaty East Property.

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Teuton Resources Corp > TC for shares?

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Post by Olympia2on Apr 17, 2023 8:01am

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Post# 35397967

TC for shares?

just a thought as TUD has cleaned (prepared?) the house and has only left the Treaty Creek project ..

Tudor has 218.461.000 shares issued, thats for 60%Treaty Creek, they don't have any other projects.
100% TC would make for 364,101,667 TUD shares
if TUD would buy those 20% TC share from TUO, they could do that with 72,820,333 new shares
TUO has 57,347,000 shares outstanding. Every TUO shareholder would have an indirect ownership (via Teuton) of 1.27 TUD share for every TUO share ...
PLUS a premium for the carried interest...

TUO would become the biggest shareholder of TUD and if parties agree on a hold period for some years, they could also prevent from a hostile take over attempt.
Wouldn't that make some sense, likely, unlikely, comments...?

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