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 > Tudor NSR buyback

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Comment by rockport1on Sep 30, 2021 9:27pm

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Post# 33950651

RE:Tudor NSR buyback

Okay, I just posted this on the AMK board where they have as longer discussion going. This is what I think is going on.

I believe this is a third party NSR, not Teuton's. Teuton's NSR is 0.98% & 0.49%. Combined with the NSR that TUD just bought out, totals 2.0% & 1.0%.

I also think the third party is Kirkland Lake via St. Andrews Goldfieds if memory serves. Still, I don't quite understand what is happening here. My best guess is:

Tudor pays AMK 100k shares to eliminate their right to buyout the third party NSRs.
Tudor pays the third party, Kirkland Lake, 5 million shares to buyout the NSR.
Teuton retains a 0.98% (Area 1) & 0.49% NSR (Area 2)

Does that make sense? Comments?

rockport1 wrote:
I don't quite understand what Tudor has just purchased with it's 5 million shares. Is this an AMK NSR on Treaty Creek? The language is a little too legalize for clarity.

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