Teako Minerals Corp. is pleased to announce that it has entered into a Shareholder Loan Agreement in the principal amount of $400,000 from its largest shareholder, Fruchtexpress Grabher GmbH & Co KG , which, subject to certain acceleration events, matures in September 2029 . The Loan By its terms, the Loan accrues interest at a rate of 4.0% per annum, payable in common shares in the capital of the Company based on the higher of the prior 20-day volume-weighted average price of the Common Shares; or $0.06 . As security for the Loan, the Company pledged 164,701 of its 658,804 common shares in The Coring Company held by Teako . After 24 months, and each anniversary date thereafter until the Maturity Date, the Lender may demand accelerated repayment of the principal amount of the...