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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 highperon Mar 02, 2024 3:41am
191 Views
Post# 35910879

Luxor spinout dividend???

Luxor spinout dividend???The market will ultimately determine the value of the luxor spinout company. I suspect it will be along the lines of the value of goldstorm metals. That is because the two companies will have similar claim packages and profiles... Well we don't know if we'll get a 1 for 1 distribution of luxor shares for teuton shares as yet... so we have to wait and see what our putative dividend amounts too.

I do suspect these luxor properties contribute much less to the current value of a teuton share than they will receive when they are spun out into a newco...But then what do I know.

SpinOut: Luxor / Eskay Rift Project:

Accounting, legal and regulatory process is

underway. 

 

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