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Gold/Mining/Energy : Teuton Resources

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To: Clark Kent who wrote (166)10/29/2012 1:53:02 PM
From: kidl  Read Replies (1) of 207
 
I didn't like the rumour. I like reality even less.

Teuton arranges $320,000 private placement



Teuton Resources Corp (C:TUO)
Shares Issued 50,510,911
Last Close 10/26/2012 $0.32
Monday October 29 2012 - News Release



Mr. Dino Cremonese reports

NEWS RELEASE---PRIVATE PLACEMENT

Teuton Resources Corp. has agreed to complete a private placement to raise proceeds of up to $320,000. It has been agreed that the offering will comprise up to one million units at 32 cents per unit. Each unit will consist of one common share of the company plus one warrant entitling the subscriber to purchase a common share at 35 cents for a two-year period.

Proceeds of the offering will be expended on the company's properties in northwestern British Columbia, for litigation and for general corporate purposes.

The private placement is subject to approval from the regulatory authorities.

We seek Safe Harbor.
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