Teako Closes Oversubscribed Private Placement, Welcomes Norwegian Family Office as a Significant (>10%) Shareholder Alongside Strong Participation from Existing Investors and Prominent Norwegian Investors
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2025) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce the closure of its non-brokered private placement offering (the "Offering") of common shares of the Company ("Common Shares"). Pursuant to the Offering, the Company issued 14,799,133 Common Shares at a price of $0.065 per Common Share for total gross proceeds of $961,943. The Offering was oversubscribed with participation from existing investors...
2025-03-17 7:00 AM EDT
Teako Announces Changes to the Board of Directors; Strengthens Capital Markets Expertise
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce the appointment of Mr. Engebret Lønnum to its Board of Directors, further bolstering the Company's capital markets expertise. Concurrently, Mr. Owen Garfield and Mr. Philip Gunst have stepped down as directors of the Company, effective February 18, 2025. The Company extends its sincere gratitude to the departing directors for their valuable...
2025-02-19 8:00 AM EST
Teako Announces Non-Brokered Private Placement of Up to $750,000 to Advance Drilling at the Løkken Project; Secures $400,000 in Lead Commitments
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2025) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce a non-brokered private placement for the issuance of up to 11,538,461 common shares of the Company (the "Common Shares") at a price of $0.065 per Common Share for aggregate gross proceeds of up to $750,000 (the "Offering"). The Offering substitutes the recently terminated private placement (see Company News Release dated December 30, 2024) during...
2025-01-02 8:00 AM EST
Teako Announces Share Purchase Agreement, Closes Shares for Debt Transaction, and Provides Update on Previously Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 30, 2024) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that: (i) it has closed a share sale transaction pursuant to a Share Purchase Agreement ("SPA") with Fruchtexpress Grabher GmbH & Co KG ("FEx"), whereby Teako has sold all of the shares it held in the capital of The Coring Company AS (the "TCC Shares"), in consideration for C$1,675,000; and (ii) it has issued 1,916,661 common shares ("Common...
2024-12-30 9:15 AM EST
Teako Announces Shares for Debt Transaction
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has approved the settlement of $172,500 of indebtedness (the "Debt Settlement") through the issuance of an aggregate of 1,916,661 Common Shares (the "Settlement Shares"). The indebtedness relates to fees for services performed by certain insiders, employees, advisors and external consultants of the Company (the "Creditors") through to...
2024-12-23 8:00 AM EST
Teako Minerals Receives Drill Permits for the High-Grade Copper-Cobalt-Zinc Massive Sulfide Løkken Project in Norway; Permits Granted Within Two Weeks of Application
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2024) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has been granted final permits for a winter helicopter-supported diamond drill program on it's high-grade copper-cobalt-zinc Volcanogenic Massive Sulfide (or "VMS") Løkken project (the "Project"). The Company recently acquired a 90% interest in the Løkken project from Capella Minerals Ltd (TSXV: CMIL) (see Company press release dated...
2024-12-04 7:00 AM EST
Teako Minerals Concludes Regional Summer Program and Provides Private Placement Update
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2024) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has successfully concluded its regional summer exploration program (the "Regional Program") across Norway, reviewing a total of eighteen (18) projects, through mapping, soil and rock chip sampling. In addition, the Company is pleased to announce that it has extended its previously announced non-brokered private placement of up to...
2024-11-19 8:00 AM EST
Teako Provides Update on Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2024) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce the extension of its previously announced non-brokered private placement of up to 11,111,111 Common shares of the Company ("Common Shares") for aggregate gross proceeds of up to $1,000,000 (the "Offering") to provide additional time for potential investors to participate in the Offering. As announced on August 29, 2024, Teako closed the first...
2024-10-03 6:00 AM EDT
Teako Minerals Secures C$400,000 Through Loan Agreement from Largest Shareholder
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has entered into a Shareholder Loan Agreement (the "Loan") in the principal amount of $400,000 (the "Debt") from its largest shareholder, Fruchtexpress Grabher GmbH & Co KG (the "Lender"), which, subject to certain acceleration events, matures in September 2029 (the "Maturity Date"). The Loan By its terms, the Loan accrues interest at...
2024-09-11 8:00 AM EDT
Teako Closes First Tranche of its Previously Announced Non-Brokered Private Placement and Closes Definitive Agreement to Acquire Majority Interest in Løkken Project
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2024) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Offering"), by issuing 4,545,433 common shares ("Common Shares") in the capital of the Company for aggregate gross proceeds of approximately $409,090 (the "First Tranche"). Concurrently with closing of the First Tranche, the Company has paid...
2024-08-29 8:00 AM EDT
Teako Signs a Definitive Agreement to Acquire Majority Interest in Drill-Ready Løkken Project and Concurrent Non-Brokered Private Placement of up to $1,000,000
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has executed a definitive agreement (the "Agreement") with Capella Minerals Ltd. (TSXV: CMIL) ("Capella") pursuant to which Teako will acquire a 90% ownership interest in the copper-zinc-cobalt ("Cu-Zn-Co") Løkken project in Trøndelag, Norway (the "Project"). The Løkken Project will combine with the Company's adjacent Lomunda claims of...
2024-08-19 6:00 AM EDT
Teako Mobilizes Field Crew to Copper-Cobalt-Zinc Projects Lomunda-Venna and Tydalen Utilizing Recent Geophysical Data
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has mobilized a field crew to its Lomunda-Venna and Tydalen copper-cobalt-zinc projects in Trøndelag Province, central Norway (collectively the "LVT Program") to initiate a phase one exploration program. This systematic field review will be guided by historical geological/geophysical data and newly acquired high-resolution airborne...
2024-07-09 8:00 AM EDT
Teako Minerals Successfully Concludes Sandefjord Rare Earth Element Program and Mobilizes Field Crew to Silver-Zinc-Copper Projects in District South
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") announces that it has successfully concluded its first-pass field evaluation of the previously announced Sandefjord Program (the "Sandefjord Program"), which focused on the Hulderdalen, Kvelde, Moelva, and Kiste project areas (see also Company news release dated May 21, 2024). The Sandefjord Program is located near Europe's largest proven deposit of Rare Earth Elements...
2024-06-25 8:00 AM EDT
Teako Minerals Signs Letter of Intent with The Coring Company; C$3,000,000 Joint Venture
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") announces that it has entered into a non-binding letter of intent (the "LOI") on June 18, 2024, with The Coring Company AS ("TCC"), through the Company's wholly-owned subsidiary, Teako Minerals Norway AS, to negotiate a joint venture agreement for exploration and development of seven mineral projects (see table 1) located in Helgeland, Norway (the "Projects"). The...
2024-06-19 6:00 AM EDT
Teako Minerals Announces Changes to the Board of Directors and Officer Roles
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") announces the filing of its audited annual consolidated financial statements and MD&A on May 29, 2024, and that Mr. Dan Martino resigned as Chief Financial Officer, effective May 31, 2024. Mr. Vic Fitch, previously Vice President of Finance, was appointed Chief Financial Officer, also effective May 31, 2024. This completes the transition plan with the Chief Financial...
2024-06-03 8:00 AM EDT
Teako Minerals Announces Commencement of Regional Summer Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce the commencement of its regional 2024 summer exploration program in southern Norway and initially focusing on the Hulderdalen, Kvelde, Moelva and Kiste project areas (the "Sandefjord Program")(Figure 1), all of which form part of the previously announced Project Hub (the "Hub Projects") (see News Releases dated March 12, 2024, and May 16, 2024). The...
2024-05-21 8:00 AM EDT
Teako Minerals Expands Project Hub in Norway
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is delighted to announce that it has expanded its previously announced Norwegian Project Hub (the "Hub")(see news release dated March 12, 2024) through i) the staking of one new Rare Earth Element ("REE") project, Kiste, ii) the staking of additional claims around 5 existing projects (Bjellatinden, Rosta, Husvika, Stortuva, and Svarthola), and iii) the acquisition of 18...
2024-05-16 8:00 AM EDT
Teako Minerals Appoints Geologists and Welcomes Financial, Geological, Environmental, Social, and Governance Advisors to the Team
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has appointed Mr. Freddie Duncalf as the Company's Exploration Manager and a team of three (3) junior and exploration geologists to work on its nation-wide project portfolio in Norway on a full-time basis. The Company also welcomes a strong team of Norwegian special advisors who will bring valuable expertise to various aspects of the...
2024-05-15 11:00 AM EDT
Teako Minerals Closes Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") announced today that it is closing the second and final tranche of a non-brokered private placement of common shares of the Company ("Common Shares") at a price of $0.09 (see press releases dated March 14, 2024, March 18, 2024, and April 11, 2024) for total gross proceeds of $964,070 (the "Offering"). In connection with the Offering, the Company issued 6,439,996 Common...
2024-05-09 8:00 AM EDT
Teako Minerals Announces Upsize of its Previously Announced Non-Brokered Private Placement to $900,000 and Closing of First Tranche
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that, in response to further investor demand, the Company has upsized its $580,000 non-brokered private placement, previously announced on March 14, 2024 and March 18, 2024, to $900,000 (the "Offering"). The Company closed the first tranche of the Offering for aggregate gross proceeds of approximately $579,600 (the "First Tranche"). The First...
2024-04-11 8:00 AM EDT