Teako Minerals Corp. is pleased to announce that it has commenced a maiden diamond drill program on part of its district-scale Løkken copper-cobalt-zinc project in central Norway. Initial drilling will focus on the Åmot massive sulfide target which lie immediately to the east of the former mining operations at the world-class Løkken copper-rich VMS deposit. The Åmot target is the first of five priority target areas [...]
Teako Minerals is pleased to announce the closure of its non-brokered private placement offering of common shares of the Company . 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 and new local prominent Norwegian investors based in Trøndelag County [...]
Teako Minerals 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 Feb 18, 2025. The Company extends its sincere gratitude to the departing directors for their valuable service and the significant impact of their [...]
Teako Minerals Corp. is pleased to announce a non-brokered private placement for the issuance of up to 11,538,461 common shares of the Company at a price of $0.065 per Common Share for aggregate gross proceeds of up to $750,000 . The Offering substitutes the recently terminated private placement during which the Company faced challenges closing the second and final tranche following a decline in share price subsequent to [...]
Teako Minerals Corp. is pleased to announce that: it has closed a share sale transaction pursuant to a Share Purchase Agreement with Fruchtexpress Grabher GmbH & Co KG , whereby Teako has sold all of the shares it held in the capital of The Coring Company AS , in consideration for C$1,675,000; and it has issued 1,916,661 common shares to certain insiders, employees, advisors and external consultants of the Company to [...]
Teako Minerals is pleased to announce that it has approved the settlement of $172,500 of indebtedness through the issuance of an aggregate of 1,916,661 Common Shares. The indebtedness relates to fees for services performed by certain insiders, employees, advisors and external consultants of the Company through to December 20, 2024. The Settlement Shares will be issued at a deemed price of C$0.09 per Settlement Share in [...]
Teako Minerals Corp. 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 Løkken project. The Company recently acquired a 90% interest in the Løkken project from Capella Minerals Ltd. Teako applied for the Løkken drill permits on November 20, 2024 and these were subsequently granted on [...]
Teako Minerals Corp. is pleased to announce that it has successfully concluded its regional summer exploration program across Norway, reviewing a total of eighteen 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 11,111,111 Common shares of the Company for aggregate gross proceeds of [...]
Teako Minerals 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 first tranche of the Offering, issuing 4,545,433 Common Shares for aggregate gross [...]
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 Sept 2029. The Loan By its terms, the Loan accrues interest at a rate of 4.0% per annum, payable in common shares in the capital of the Company based on the higher of [...]
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 . Concurrently with closing of the First Tranche, the Company has paid [...]
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 projects and will, moving forward, collectively be referred to as the [...]
+11900,00 %
-93,75 %
