Mr. Sven Gollan reports

TEAKO ANNOUNCES COMMENCEMENT OF PRELIMINARY WORK ON PARTNER-FUNDED PROJECTS

Teako Minerals Corp.'s partner, United Minerals Australia Pty. Ltd., through its wholly owned subsidiary Nordic Minerals A.S., has commenced preliminary work at the National Drill Core Archive in Lokken, central Norway. The work includes historical drill core photography and logging, and is, among other objectives, intended to also support the planning of the initial work on the five copper-zinc-silver-gold projects: Sivilvangen, Mykkelvika, Hellemyr, Klasberget and Heimdalhaugen. Teako holds a 10-per-cent free-carried ownership interest in the projects through to final investment decision (FID) (see company press release dated Jan. 5, 2026).

A part of the company's in-house geological team was engaged to undertake the core photography and logging activities. The work is being performed on a fee-for-service basis, as part of the company's broader portfolio strategy, which includes offering services on partner-financed projects without compromising the advancement of its main projects.

Sven Gollan, chief executive officer of the company, commented: "With United Minerals, an active and professional team has entered the Norwegian exploration and mining sector. Teako highly values this partnership and looks forward to supporting their ongoing activities and long-term development."

About Teako Minerals Corp.

Teako Minerals is a Vancouver-based mineral exploration company committed to acquiring, exploring and developing mineral properties in Norway, focusing on critical metals such as copper and zinc in massive sulphides. By leveraging leading-edge exploration technologies and strategic partnerships, Teako aims to address the growing demand for essential minerals while generating value for shareholders and stakeholders alike.

Teako, within its Norwegian Project Hub owns 62 projects 100 per cent and holds a 10-per-cent economic interest in the four rare-earth elements (REE) projects owned by Fritzoe Skoger AS and a 10-per-cent non-dilutive free carried ownership interest in five copper, gold and silver projects owned by Nordic Minerals A.S., a wholly owned subsidiary of United Minerals Australia, as further described on the company's website.

Teako's Project Hub, including the Lokken, Venna and Tynset main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, silver, platinum group elements (or PGE), uranium, antimony, molybdenum, tungsten and rare-earth elements. The Project Hub strategy was initially developed from the company's first-mover advantage in-country, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Lokken, Venna and Tynset projects remain integral to the company's self-financed exploration programs, whereas the company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or continuing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako's foundation.

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