Private Placement Completed/High Property Update

TEUTON RESOURCES CORP.

202-2187 Oak Bay Avenue Victoria, BC V8R 1G1 Phone: (604) 682-3680 Fax: 682-3992 Toll Free: 1-800-879-2333 Website: www.teuton.com

NEWS RELEASE

PRIVATE PLACEMENT COMPLETED/HIGH PROPERTY UPDATE

November 20, 2012, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX- V) ("TFE"-Frankfurt) has completed the private placement announced October 29, 2012 with a slight oversubscription. Altogether $330,720 was raised consisting of 1,033,500 units at $0.32 per unit, with each unit consisting of one common share of the Company plus one warrant entitling the subscriber to purchase a common share at $0.35 for a two year period. The proceeds of the placement will be used for general corporate purposes and for exploration, and is subject to the approval of the regulatory authorities.

Results for the remaining two holes of the High property program are expected very soon. Select photographs of the drill core for these two holes, drilled in the southern portion of the property, can be seen at the Company website (www.teuton.com) under the High property section in Properties.

D. Cremonese, P.Eng., is the Qualified Person for the purposes of this News Release.

“Dino Cremonese, P.Eng.”

Dino Cremonese, P.Eng.

President Teuton Resources Corp.

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This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. Teuton Resources Corp. does have an ongoing obligation to disclose material information, as it becomes available.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.