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Teako Minerals Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement , by issuing 4,545,433 common shares in the capital of the Company for aggregate gross proceeds of approximately $409,090 . Concurrently with closing of the First Tranche, the Company has paid CAD$350,000 in cash and issued 2,500,000 Common Shares to
Capella Minerals Ltd. in connection with the definitive agreement , under which Teako has now acquired a 90% ownership interest in the drill-ready Løkken project in Trøndelag, Norway , all as announced on August 19, 2024. Further, the Company announces the issuance of 400,000 Common Shares to Fruch...