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 > if there actually is a spinout dividend

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Comment by NineLiveson Mar 04, 2024 8:42am

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Post# 35912823

RE:RE:RE:RE:RE:RE:if there actually is a spinout dividend

EPL, Eagle plains resources did a similar spin out last year. Put all their royalty properties into a NewCo, ER, Eagle Royalties. When they pushed out the new shares they did it on a quarterly basis so every 1 share for every 3 EPL held was placed into acccounts over a period of a year. Was meant to stop mass selling, didn't work though. Mind you their royalty properties are much further behind in terms of actual mining than some of TUO's should be.
Lots of advance warning and a shareholder vote required, as posters have mentioned previously.

TUO should be minimum $1.50 to $2 before any further action takes place.

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