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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 highperon Mar 02, 2024 12:15pm
108 Views
Post# 35911188

RE:RE:Luxor spinout dividend???

RE:RE:Luxor spinout dividend???Taken from Teuton january E letter

SpinOut: Luxor / Eskay Rift Project:

Accounting, legal and regulatory process is

underway. 

1or 2 spinout sounds reasonable because i suspect a financing would be required for the newco... and well dilution is the enemy of the shareholders ..and dino has to know that...

as to when it happens i suspect we will be voting on the luxor spinout at the impending annual meeting.... and i suspect that is why the annual meeting has been delayed...

I suspect the second spinout will most likely occur when treaty creek is bought out... Presumably the nsr and the remaining properties in teuton's portfolio will be spun off in a second company... 

 

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