Teako Minerals Announces Changes to the Board of Directors and Officer Roles
Teako Minerals Announces Changes to the
Board of Directors and Officer Roles
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) -
TEAKO MINERALS CORP.
(
CSE:
TMIN
) (the "
Company
" or "
Teako
") announces the filing of its audited annual consolidated financial
statements and MD&A on May 29, 2024, and that Mr. Dan Martino resigned as Chief Financial Officer,
effective May 31, 2024. Mr. Vic Fitch, previously Vice President of Finance, was appointed Chief
Financial Officer, also effective May 31, 2024. This completes the transition plan with the Chief Financial
Officer role as announced on
January 12, 2024
.
Mr. Liam Hardy tendered his resignation as a director of the Company and Mr. Kristian Whitehead
tendered his resignation as Vice President of Exploration and a director of the Company, all effective
May 31, to focus on their respective other business ventures. Following the resignations Mr. Mark
Steeltoft, currently Vice President of Corporate Development, has been appointed as a director of the
Company, effective May 31, 2024. Mark Steeltoft will step down from his formal role as Investor
Relations for the Company, as the Company considers all Teako senior representatives to fulfill the
investor relations function in various forms.
Mr. Freddie Duncalf, currently Exploration Manager Norway, was appointed Vice President of
Exploration, effective May 31, 2024, succeeding Mr. Whitehead.
The Company wishes to thank the departing directors and officers for their contributions to the Company
and wish them the best in their future endeavors.
Chief Executive Officer, Sven Gollan comments: "
We have now completed the final step in a long
process that began over 3 years ago. Transforming the business concept of a tiny private company
into a publicly traded and active mineral exploration company, while bringing in our team step by step
to manage the opportunities and risks along the way. Many thanks to Dan, Kristian and Liam for being
part of this journey that has made Teako Minerals the company it is today."
About Teako Minerals Corp.:
Teako Minerals Corp. is a Vancouver-based mineral exploration company committed to acquiring,
exploring, and developing mineral properties in Norway & Finland exploring for copper, cobalt, gold,
molybdenum, and rare earth elements (REE). The adoption of technologies such as the SCS Exploration
Product aligns with its strategy to remain at the forefront of the rapidly evolving mining industry.
ON BEHALF OF TEAKO MINERALS CORP.
"Sven Gollan"
CEO
T: +1 (604)-871-4301
Email:
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities
legislation, concerning the business of Teako. Forward-looking information is based on certain key
expectations and assumptions made by the management of Teako. In some cases, you can identify
forward-looking statements by the use of words such as "will," "may," "would," "expect," "intend," "plan,"
"seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "could" and
variations of these terms and similar expressions, or the negative of these terms or similar expressions.
Forward-looking statements in this press release include statements related to the approvals of the
Offering, the use of proceeds for the Offering, and the Company's business plans and operations.
Although Teako believes that the expectations and assumptions on which such forward-looking
information is based are reasonable, undue reliance should not be placed on the forward-looking
information because Teako can give no assurance that they will prove to be correct. Since forward-
looking statements address future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results could differ materially from those currently anticipated due to a number
of factors and risks. These include but are not limited to, risks associated with the mineral exploration
industry in general (e.g., operational risks in development, exploration and production; the uncertainty of
mineral resource estimates; the uncertainty of estimates and projections relating to production, costs
and expenses, and health, safety and environmental risks), constraint in the availability of services,
commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry,
adverse weather conditions and uncertainties resulting from potential delays or changes in plans with
respect to exploration or development projects or capital expenditures. These and other risks are set out
in more detail in Teako's annual Management's Discussion and Analysis, January 31, 2024.
Neither the
CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this release.
Not for dissemination in the United States or through U.S. newswires
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/211428