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Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

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.


TSXV:TUO - Post by User

Bullboard Posts
Post by NuMsgProon Apr 17, 2015 7:15pm
357 Views
Post# 23642470

TUO - PP Approval by TSX Venture

TUO - PP Approval by TSX Venture
 TEUTON RESOURCES CORP. ("TUO") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: April 17, 2015 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 26, 2015 as amended March 13, 2015: Number of Shares: 9,000,000 shares Purchase Price: $0.06 per share Warrants: 9,000,000 share purchase warrants to purchase 9,000,000 shares Warrant Exercise Price: $0.065 for a three year period Number of Placees: 30 Placees Insider / Pro Group Participation: Insider=Y / Name ProGroup=P # of Shares Dino Cremonese Y 500,000 Edward Kruchkowski Y 200,000 Finder's Fee: $14,880 and 248,000 finder's warrants payable to Redplug Capital Corp. Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. 
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