Teuton Resources Corp. (TEUTF) Cuts Deal With HDI’s Brigade Holdings for Remaining Tennyson Copper-Gold Interests in British Columbia
Teuton Resources, which has assembled some 300k acres of claims in British Columbia’s famous “Golden Triangle” during their three plus decades of operations (making Teuton the largest landholder in the region), was pleased to report today that they successfully sold off the remainder of their Tennyson property interests to Brigade Holdings Ltd. yesterday, for $500k and another $6.5M in shares and warrants. Teuton's multiple properties are largely under option to other resource companies, with a 50% interest in a Red Chris mine area property (near Colorado's recent copper-gold discovery) being optioned to Redhill Resources for $4.5M, serving as a perfect…