Options Granted
TEUTON RESOURCES CORP.
207-675 W. Hastings Street Vancouver, BC V6B 1N2 Phone: (604) 682-3680 Fax: 682-3992 Toll Free: 1-800-879-2333 Website: www.teuton.com
NEWS RELEASE
OPTIONS GRANTED
Nov. 8, 2010, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”) has, in accordance with its stock option plan, granted to employees, consultants and directors of the Company options to purchase a total of 2,000,000 shares of the Company at 34 cents per share, exercisable until Nov. 8, 2015. The stock option plan was ratified at the Company’s annual general meeting held June 21, 2005. All options are subject to the approval of the TSX Venture Exchange.
“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. has an ongoing obligation to disclose material information, as it becomes available.
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.