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 airborne geophysics data from a survey completed in the Venna area by the [...]
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 conclusion of the Sandefjord Program, the Company has mobilized its field crew [...]
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 are 100% owned by the Company and were acquired in its extensive 2024 staking [...]
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 transition plan with the Chief Financial Officer role as announced on [...]
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 Sandefjord program is focused primarily on the evaluation of apatite and [...]
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 from private Norwegian company Element29 AS . Upon completion of the [...]
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 expertise to various aspects of the Company's operations. Chief Executive [...]
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 4,271,900 Common Shares under the second tranche for aggregate proceeds of [...]
Teako Minerals Corp. 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 Company closed the first tranche of the Offering for aggregate gross proceeds of approximately $579,600 . The First Tranche of the Offering was subscribed by a group of supportive Danish [...]
Teako Minerals Corp. 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 has been upsized. The Offering will now consist of up to 6,444,444 common shares of the Company at a price of $0.09 per Common Share for aggregate gross proceeds of up to $580,000. In connection with the Offering, the Company may pay [...]
Teako Minerals Corp. is pleased to announce a non-brokered private placement for the issuance of up to 4,444,444 common shares of the Company at a price of $0.09 per Common Share for aggregate gross proceeds of up to $400,000 . In connection with the Offering, the Company may pay finder's fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange and applicable [...]
Teako Minerals Corp. is pleased to announce that it has amended its option agreement with Capella Minerals Ltd., to acquire 100% ownership of the Vaddas and Birtavarre licenses on the Vaddas project for a cash payment of NOK 315,000 payable to Capella. Under the previously announced agreement, the Company acquired a 50% interest in the Vaddas and Birtavarre licenses for the issuance of 1,000,000 shares to Capella , with [...]