Mr. Dino Cremonese reports

TEUTON RESOURCES EXPECTS CLOSING OF PLAN OF ARRANGEMENT

Teuton Resources Corp. and Luxor Metals Ltd. expect to close, on May 16, 2025, the spinout transaction involving both parties, implemented by way of a plan of arrangement.

On closing, Teuton will be transferring to Luxor $1.9-million in cash and securities, and mineral claims covering approximately 20,481 hectares in northwestern British Columbia. In exchange, Luxor will be issuing 19,248,960 common shares to Teuton, which will in turn distribute such shares to Teuton shareholders on a pro rata basis.

Teuton shareholders of record as of Feb. 14, 2025, will be entitled to receive one Luxor share for every three Teuton shares they hold on the record date. No action is required by Teuton shareholders to receive the Luxor shares; direct registration statements representing their Luxor shares will be sent to them in due course.

About Teuton Resources Corp.

Teuton owns interests in more than 30 properties in the prolific Golden Triangle area of northwestern B.C. 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, both in cash and in shares of the optionee companies, have provided Teuton with substantial income.

We seek Safe Harbor.