(TheNewswire)
January 24, 2024 – TheNewswire -- Vancouver, Canada ––Teuton Resources Corp. (“Teuton” or “the Company”)(TSXV: TUO ) ( FSE:TFE ) reports as follows : effective January 25, 2024, Charlton & Company, chartered professional accountants,have been appointed as Teuton’s auditor until the next annualgeneral meeting of the company. The board of directors thanks the firmof Manning Elliott LLP, chartered professional accountants, for itspast services.
Jeremy Zall has been appointed as a director of TeutonResources and as a member of its Audit Committee. Mr. Zall has inexcess of 12,000 hours of experience as a helicopter pilot, much of itgained in the Stewart region of northwestern British Columbia (the“Golden Triangle”). In 2005 he began flying for PrismHelicopters, a company which had a large fleet of rotary aircraftserving the Stewart region. Currently he is an owner of Bajo ReefHelicopters and also its Operations Manager and Director ofMaintenance. During five out of the last six years, Teuton hascontracted with Bajo Reef to provide a helicopter to assist inexploration of its many Stewart area properties.
D. Cremonese, P. Eng., President of Teuton, commentedas follows: “Jeremy knows all of Teuton’s properties intimatelyand has also taken a keen interest in their geology. In 2023 hediscovered a prospective new occurrence which is now called the Zallmassive sulfide zone on Teuton’s Big Gold property. He is veryenthusiastic and well-liked by all of Teuton’s geological personnel. He will be a great addition to Teuton’s Board ofDirectors.”
About Teuton
Teuton owns interests in more than thirty properties inthe prolific “Golden Triangle” area of northwest British Columbiaand was one of the first companies to adopt what has since becomeknown as the “prospect generator” model. This model minimizesshare equity dilution while at the same time maximizing opportunity. Earnings provided from option payments received, both in cash and inshares of the optionee companies over the past 6 years, has providedTeuton with substantial income.
On Behalf of the Board of Directorsof Teuton Resources:
"Dino Cremonese, P.Eng."
Dino Cremonese, P. Eng.,
President and Chief ExecutiveOfficer
For further information, please visit the Company'swebsite at www.teuton.com or contact:
Barry Holmes
Director Corporate Development andCommunications
Tel. 778-430-5680
Email: bholmesmba@gmail.com
Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
Cautionary Statements regardingForward-Looking information
Certain statements contained in this press releaseconstitute forward-looking information. These statements relate tofuture events or future performance. The use of any of the words"could", "intend", "expect","believe", "will", "projected","estimated" and similar expressions and statements relatingto matters that are not historical facts are intended to identifyforward-looking information and are based on the Company's currentbelief or assumptions as to the outcome and timing of such futureevents. Actual future results may differ materially.
All statements relating to future plans, objectivesor expectations of the Company are forward-looking statements thatinvolve various risks and uncertainties. There can be no assurancethat such statements will prove to be accurate and actual results andfuture events could differ materially from those anticipated in suchstatements. Important factors that could cause actual results todiffer materially from the Company's plans or expectations includerisks relating to the actual results of current explorationactivities, fluctuating gold prices, possibility of equipmentbreakdowns and delays, exploration cost overruns, availability ofcapital and financing, general economic, market or businessconditions, regulatory changes, timeliness of government or regulatoryapprovals and other risks detailed herein and from time to time in thefilings made by the Company with securities regulators. The Companyexpressly disclaims any intention or obligation to update or reviseany forward-looking statements whether as a result of new information,future events or otherwise except as otherwise required by applicablesecurities legislation.
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