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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

Comment by ranmanon Apr 27, 2021 5:28pm
124 Views
Post# 33079193

RE:teuton buys a whack of tudor shares

RE:teuton buys a whack of tudor sharesSo I now own an even bigger piece of TUD without coming up with the cash myself??
This could be very good considering I sold all my TUD last year and bought TUO with the proceeds.

highper wrote:

TUDOR GOLD CLOSES $9.6 MILLION PRIVATE PLACEMENT WITH JOINT VENTURE PARTNER TEUTON RESOURCES CORP.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES


VANCOUVER, BC, April 27, 2021 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to announce that the Company has completed a non-brokered private placement of 1,000,000 flow-through common shares (the “FT Shares”) at a price of $3.60 per FT Share and 2,000,000 non-flow-through common shares (the “NFT Shares”) at a price of $3.00, for aggregate gross proceeds of $9,600,000 (the “Private Placement”) with the Company’s joint venture partner Teuton Resources Corp. (TSX.V: TUO) ("Teuton").

Walter Storm, President and CEO of Tudor Gold, stated: "This significant equity investment by Teuton, our 20% partner in Treaty Creek, is a very strong endorsement of both Tudor Gold and the Treaty Creek project. We are pleased that our partner Teuton and their President and CEO Dino Cremonese have so much confidence in the Treaty Creek project and in Tudor Gold as the operator of the Treaty Creek project.  This is a very exciting time for Tudor Gold and its shareholders, as Tudor Gold prepares to aggressively advance the Treaty Creek project.  Tudor Gold is very eager to begin this year`s exploration program at Treaty Creek and will provide shareholders with regular updates as exploration at the Project develops."
 



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