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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

Post by NOMOREROLLBACKSon Jul 09, 2021 12:00am
354 Views
Post# 33519808

PP

PP
VANCOUVER, BC, July 8, 2021 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to report that further to its news release dated June 22, 2021, the Company has closed a second tranche of its non-brokered private placement ( the "Private Placement") and has issued an aggregate of 1,200,000 non-flow-through common shares (the "NFT Shares") at a purchase price of $3.00 per NFT Share for gross proceeds to the Company of $3,600,000. Net proceeds of the Private Placement will be used to advance exploration of the Treaty Creek Project as well as for general working capital purposes. All securities issued pursuant to the Private Placement are subject to a statutory four-month hold period. The Private Placement is subject to receipt of final approval of the TSX Venture Exchange.
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