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
Teako Minerals Announces Upsize of Its Previously Announced Non-Brokered Private Placement to $580,000
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that, in response to strong demand from Scandinavian investors, the Company's non-brokered private placement previously announced on March 14, 2024 (the "Offering") has been upsized. The Offering will now consist of up to 6,444,444 common shares of the Company (the "Common Shares") at a price of $0.09 per Common Share for aggregate gross proceeds...
2024-03-18 4:00 PM EDT
Teako Minerals Announces Non-Brokered Private Placement of up to $400,000
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce a non-brokered private placement for the issuance of up to 4,444,444 common shares of the Company (the "Common Shares") at a price of $0.09 per Common Share for aggregate gross proceeds of up to $400,000 (the "Offering"). In connection with the Offering, the Company may pay finder's fees in cash or securities or a combination of both, as permitted...
2024-03-14 8:00 AM EDT
Teako Minerals Announces Amendment of Option Agreement with Capella Minerals; Secures 100% Ownership of the Copper-Cobalt Vaddas and Birtavarre Licenses
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has amended its option agreement (the "Option Agreement")(see news release dated July 18, 2023) with Capella Minerals Ltd. (TSXV: CMIL) (or "Capella"), to acquire 100% ownership of the Vaddas and Birtavarre licenses on the Vaddas project for a cash payment of NOK 315,000 (approximately CAD$40,000) payable to Capella. Under the previously...
2024-03-13 8:00 AM EDT
Teako Minerals Establishes Project Hub in Norway Spanning over 3,818 Square Kilometres From North to South and Becomes Norway's Largest Mineral Exploration Company
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is delighted to announce the establishment of a substantial Norwegian Project Hub (or "The Hub") divided into four (4) districts and spanning thirty-one (31) projects over an area of 3,818 square kilometers ("sq.km") (or 381,800 hectares) realized through staking of prospective copper, cobalt, nickel, zinc, gold, molybdenum and rare-earth-elements (or "REE's") projects...
2024-03-12 8:00 AM EDT
Teako Minerals Granted Norwegian Copper Projects Lomunda and Venna; on the Hunt for the Next Major Løkken Deposit
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has been granted a total of 854 square km ("sq. km") of new exploration claims at the Lomunda and Venna copper-projects (the "Projects") in Trøndelag Province, Central Norway. The Lomunda concessions, covering 406 sq. km, lie immediately to the SW of the past-producing Løkken copper-zinc mine, whereas the Venna concessions, covering 448...
2024-02-27 8:00 AM EST
Teako Minerals Announces Filing of NI 43-101 Technical Report for the Yellow Moose Project
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce the filing of an independent technical report (the "Technical Report") in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") for its Yellow Moose property located in B.C., Canada (the "Property"). The Technical Report, prepared by Afzaal Pirzada, P. Geo (the "Author"), an independent...
2024-02-21 8:00 AM EST
Teako Enters Into Share Purchase Agreement to Acquire Cuprita Minerals Inc.; Securing Access to Portable Assessment Credits
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has acquired (the "Acquisition") all of the issued and outstanding shares of Cuprita Minerals Ltd. ("Cuprita") in exchange for the issuance of 3,500,000 common shares in the capital of Teako ("Common Shares") pursuant to the terms and conditions of a share purchase agreement (the "Share Purchase Agreement"). The Share Purchase Agreement...
2024-01-29 8:00 AM EST
Teako Granted New Exploration Concessions at Vaddas - Birtavarre and Creates Norway's Largest Copper-Cobalt Exploration Project
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has significantly increased the size of its Vaddas-Birtavarre copper-cobalt project in northern Norway through the granting of an additional 72 new exploration claims totalling approximately 665 square km. The newly-staked ground compliments the original 16 claims over which the Company has an option to acquire a 100% interest from...
2024-01-22 8:00 AM EST
Teako Minerals Announces Strategic Pivot to Focus on Norway; Pausing Operations in British Columbia
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") announces that following a recent Norwegian parliament meeting and the various developments in mineral exploration in Fennoscandia in recent years, the Company has decided to pause exploration efforts in British Columbia, to primarily concentrate on Norway, while also maintaining a minor focus on Finland. The majority of the Company's projects in British Columbia are...
2024-01-18 8:00 AM EST