Teako Minerals@TeakoMinerals
News from Teako Minerals Corp. | $TMIN $TMIN.CN | 👀🔥
Teako is pleased to announce that it has entered into a Definitive Acquisition Agreement with Nordic Minerals AS, a wholly owned Norwegian subsidiary of United Minerals Australia Pty Ltd, whereby Teako has agreed to sell to Nordic a 90% interest in five #copper, #zinc, #gold and #silver projects in Norway 🇧🇻 Teako will receive a cash component and retains a 10% non-dilutive carried Interest and secured a work commitment as further described in today's press release.
Sven Gollan, CEO of Teako Minerals, commented: “The team behind United Minerals has extensive experience in financing and developing mineral projects, both in green- and brownfield environments, including reprocessing of tailings. This in-depth expertise, combined with the exciting potential of these projects within favourable areas of the Counties of Trøndelag, Innlandet, and Buskerud, will make a significant contribution to the revitalization of historic mining regions in Norway”
See the full press release below 👇
#exploration #MiningNews #copper #Zinc #gold #silver #Cobalt #uranium #Finance #investing #Mintwit