Current Presentations
Thursday May 15, 2008
Teuton Resources Corp. Adopts Shareholder Rights Plan
Teuton Resources Corp. (“Teuton”) (“TUO”:TSX--V; “TFE”-Frankfurt) announces that the Company has elected to adopt a shareholder rights plan that will be presented for ratification by the shareholders of the Company at the Company's annual general meeting to be held on June 20, 2008.
The shareholder rights plan has been adopted to ensure the fair treatment of all shareholders with respect to any takeover bid for the common shares of the Company. It is designed to provide shareholders with sufficient time to properly consider a takeover bid without undue time constraints. In addition, it will provide the board with additional time for review and consideration of an unsolicited takeover bid and, if necessary, for the consideration of alternatives.
The rights plan is not being adopted in response to any proposal to acquire control of the Company.
In other corporate developments, the Company has agreed, subject to regulatory approval and disinterested shareholder approval, to re-price current incentive options for the purchase of up to 1,200,000 shares in its capital at a purchase price of $0.27 per share (reduced from $0.47 per share).
ON BEHALF OF THE BOARD
“Dino Cremonese”
D. Cremonese, P.Eng.
President
This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. Teuton Resources Corp. does have an ongoing obligation to disclose material information, as it becomes available.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Current News
Teuton's High Property is 1.25 km South of Silver Standard's New Bridge Gold Deposit
Teuton Resources Corp. (“Teuton”) (TUO-TSX-V) and (“TFE”-Frankfurt) is pleased to announce that it intends to explore its High property in the 2010 field season, located in the Sulphurets region of northwestern British ...
read moreTreaty Creek Discovery Hole Runs 241 metres of 0.80 g/t Gold
Teuton Resources Corp. (“Teuton”) (TSX-V: TUO) and American Creek Resources Ltd. (“American Creek”) (TSX-V: AMK) are pleased to release the final batch of assay results comprising 18 of 32 holes from the 2009 ...
read moreSilver Leduc Property Farmed Out
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has entered into an agreement with Bell Copper Corporation (“Bell”) whereby Bell can acquire a 100% interest in Teuton’s Silver Leduc claims ...
read moreHigh Grade Gold and Bonanza Grade Silver Discovered in New VMS Discovery at Teuton’s Treaty Creek Property
Teuton Resources Corp. (“Teuton”) (TSX-V: TUO) and American Creek Resources Ltd. (“American Creek”) (TSX-V: AMK) are pleased to release the first batch of assay results comprising 14 of 32 holes from the 2009 ...
read moreTeuton Options Red Chris Area Claims
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has optioned a 100% interest in three strategic claims in the Red Chris area of northwestern British Columbia. The claims approach within 3km of ...
read moreTennyson Hole Cuts 19.8m of 2.0 g/t Gold
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has received assay results for the recently completed diamond drilling program on its Tennyson claims, situated 48km northwest of Stewart, British Columbia ...
read moreBonsai Property Farmed Out
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that the Bonsai property has been optioned to Copper Creek Ventures Ltd. The Bonsai property is located to the immediate west of Barrick's Eskay Creek mine property, some 80km northwest ...
read moreHole #28 Cuts 12.80 Metres of 44.75 g/t Gold (42 Feet of 1.305 oz/t Gold)
Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”) are pleased to report complete assay results for the second phase of the 2009 drill program on the Clone gold property, situated 18km southeast of Stewart, British Columbia ...
read moreHole #21 Cuts 7.93 Metres of 30.37 g/t at Clone
Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”) are pleased to announce that the second phase of drilling on the Clone gold property, situated 18km southeast of Stewart, BC, is now complete and wishes to report the first ...
read moreTennyson Drilling Commenced
Teuton Resources Corp.(“Teuton”) (“TUO”:TSX-V; “TFE”-Frankfurt) is pleased to announce that the Company has commenced a drilling program on its wholly-owned Tennyson property, located 6km due west of the former Granduc Mine millsite and 50km by ...
read moreAmerican Creek Elects to Fund Treaty Creek Until Feasibility
Teuton Resources Corp.(“Teuton”) (“TUO”:TSX-V; “TFE”-Frankfurt) is pleased to announce that American Creek Resources (“AMK”) has served notice on the Company that it has spent enough money on the Treaty Creek property to earn in to a 51% interest. Subsequent to ...
read moreSecond Phase Of Drilling Complete At Clone Property
Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”) are pleased to announce that the second phase of drilling on the Clone gold property, situated 18km southeast of Stewart, BC, is complete. The Clone property is host to at least ...
read moreSecond Phase Of Drilling Commences At Clone Property
Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”) are pleased to announce that the second phase of drilling on the Clone gold property, situated 18km southeast of Stewart, BC, is now under way. The next phase of drilling ...
read moreVisible Gold Intersected At Clone Property
Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”) are pleased to announce that the first phase of drilling on the Clone gold property, situated 18km southeast of Stewart, BC, is complete. The Clone property is host ...
read moreDrilling To Start At Clone Property
Teuton Resources Corp. (“Teuton”) (“TUO”:TSX-V; “TFE”-Frankfurt) and Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) announce that the 2009 Clone exploration program has begun. More Core Drilling Ltd. of Prince George, B.C., has been contracted for the drilling ...
read moreDrilling To Start At Treaty Creek
Teuton Resources Corp.(“Teuton”) (“TUO”:TSX-V; “TFE”-Frankfurt) announces that the 2009 Treaty Creek exploration program is set to start Aug. 5 and that it will include geochemical sampling, ground geophysics and up to 5,000 metres of drilling. More Core Drilling Ltd. of Prince George, B.C., has been contracted for ...
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