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 in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s 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. The Lord Nelson claims lie immediately north of Teuton’s Del Norte property.

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Teuton Resources Corp

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Comment by Fabeon Aug 25, 2014 12:10pm

234 Views

Post# 22874955

RE:its warrant time

Highper, stop being so negative and downplaying TUO's story...
;-)

They could potentially have access to double the amount you mentioned.

October 9, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) has agreed to complete a private placement to raise proceeds of up to $400,000. It has been agreed that the offering will comprise up to 4,000,000 units at $0.10 per unit. Each unit will consist of one common share of the Company plus one warrant entitling the subscriber to purchase a common share at $0.125 for a two year period.

April 11, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTC BB) has agreed to complete a private placement to raise proceeds of up to $250,000. It has been agreed that the offering will comprise up to 2,500,000 units at $0.10 per unit. Each unit will consist of one common share of the Company plus one warrant entitling the subscriber to purchase a common share at $0.125 for a two year period. Teuton will have the right to accelerate the expiry date of the warrants if, at any time, the volume weighted average price of Teuton’s common shares is equal to, or greater than $0.30 for 5 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after Teuton issues a news release announcing that it has elected to exercise this acceleration right.

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