20:24:32 EDT Thu 03 Jul 2025
Enter Symbol
or Name
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Teuton Resources Corp (2)
Symbol TUO
Shares Issued 57,746,881
Close 2025-04-16 C$ 0.95
Market Cap C$ 54,859,537
Recent Sedar Documents

Teuton Resources grants options to acquire 3.2M shares

2025-04-16 17:40 ET - News Release

Mr. Dino Cremonese reports

STOCK OPTION GRANTS

In conformance with Teuton Resources Corp.'s omnibus equity incentive plan as recently approved by the shareholders of the company at its annual general meeting held April 4, 2025, the company has granted to certain directors, employees and consultants, options to purchase 3.2 million shares of the company at a price of 88 cents per share (closing price of Teuton shares on the day previous), exercisable until April 16, 2030. The new grants are subject to the policies of the TSX Venture Exchange. The omnibus plan is a fixed 20-per-cent plan. These are the first options to be granted by the company in over two years.

About Teuton Resources Corp.

Teuton owns interests in more than 23 properties in the prolific Golden Triangle area of northwest British Columbia and was one of the first companies to adopt what has since become known as the prospect generator model. This model minimizes share equity dilution while at the same time maximizing opportunity. Earnings provided from option payments (received in cash and often also in shares of the optionee companies), has provided Teuton with substantial income over the years. Teuton also owns many royalties in the Golden Triangle, including a 0.98-per-cent net smelter royalty in the core portion of the Treaty Creek property, host to the Goldstorm gold deposit.

We seek Safe Harbor.

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