Teako Minerals Corp. 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 for aggregate gross proceeds of up to $1,000,000 to provide additional time for potential investors to participate in the Offering. As announced on August 29, 2024, Teako closed the [...]
Teako Minerals Corp. is pleased to announce that it has entered into a Shareholder Loan Agreement in the principal amount of $400,000 from its largest shareholder, Fruchtexpress Grabher GmbH & Co KG , which, subject to certain acceleration events, matures in September 2029 . The Loan By its terms, the Loan accrues interest at a rate of 4.0% per [...]
Not for dissemination in the United States or distribution through U.S. newswires Teako Minerals Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement , by issuing 4,545,433 common shares in the capital of the Company for aggregate gross proceeds of approximately $409,090 [...]
Teako Minerals Corp. is pleased to announce that it has executed a definitive agreement with Capella Minerals Ltd. pursuant to which Teako will acquire a 90% ownership interest in the copper-zinc-cobalt Løkken project in Trøndelag, Norway . The Løkken Project will combine with the Company's adjacent Lomunda claims of the Company's Lomunda and Venna [...]
Teako Minerals Corp. 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 to initiate a phase one exploration program. This systematic field review will be guided by historical geological/geophysical data and newly acquired high-resolution [...]
Teako Minerals Corp. announces that it has successfully concluded its first-pass field evaluation of the previously announced Sandefjord Program , which focused on the Hulderdalen, Kvelde, Moelva, and Kiste project areas . The Sandefjord Program is located near Europe's largest proven deposit of Rare Earth Elements at Fensfeltet1. Following the [...]
Teako Minerals Corp. announces that it has entered into a non-binding letter of intent on June 18, 2024, with The Coring Company AS , 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 located in Helgeland, Norway . The Projects [...]
Teako Minerals Corp. 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 [...]
Not for dissemination in the United States or through U.S. newswires Teako Minerals Corp. 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 , all of which form part of the previously announced Project Hub . The [...]
Teako Minerals Corp. is delighted to announce that it has expanded its previously announced Norwegian Project Hub through i) the staking of one new Rare Earth Element project, Kiste, ii) the staking of additional claims around 5 existing projects , and iii) the acquisition of 18 copper, molybdenum and REE projects covering 1,571 square kilometres [...]
Teako Minerals Corp. is pleased to announce that it has appointed Mr. Freddie Duncalf as the Company's Exploration Manager and a team of three 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 [...]
Teako Minerals Corp. announced today that it is closing the second and final tranche of a non-brokered private placement of common shares of the Company at a price of $0.09 for total gross proceeds of $964,070 . In connection with the Offering, the Company issued 6,439,996 Common Shares under the first tranche for aggregate proceeds of $579,599 and [...]
