Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Clark Kent who wrote (78324)	5/28/2025 1:46:24 AM
From: onepath	Read Replies (1) of 78401

Yes looks that way…of the 22c value per share the cash amount is approx 10c per share. So we have a real tight share structure to start. Sprott has 4.3 million shares which is 22.7 % of shares. (((( Pursuant to the arrangement, Teuton has transferred to Luxor $1.9-million in cash and securities and mineral claims covering approximately 20,481 hectares in northwestern British Columbia (the Luxor project). As consideration for the aforementioned assets, Luxor has issued 19,248,960 common shares to Teuton, which will in turn distribute such shares to Teuton shareholders on a pro rata basis. The consideration shares have an approximate value of 22 cents per share at closing. )))

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