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TUO.V ·

Private Placement

Financings

TEUTON RESOURCES CORP.

2130 Crescent Road

Victoria, BC V8S 2H3

Phone: (778) 430-5680

Website: www.teuton.com

NEWS RELEASE

Private Placement

July 8, 2019 -- Vancouver, BC: Teuton Resources Corp. (“Teuton” or “the Company ”) (“TUO”-TSX-V)

("TUC"- Frankfurt) announces that it intends to complete a non -brokered private placement consisting of the

issuance of up to 3,500,000 units (“Units”) at a price of $0.225 per Unit for gross proceeds of up to $787,500,

subject to the approval of the TSX Venture Exchange. Each Unit will consist of one common share (“Common

Share”) and one Common Share purchase warrant (“Warrant”). Each Warrant is exercisable into one Common

Share at a price of $0.30 for a period of two years from closing. A strategic investor has agreed to subscribe for

2,500,000 Units. There are no finder ’s fees associated with the transaction. Certain of the Company’s insiders

may participate in the private placement.

The proceeds of the financing will be used to advance the Company’s many properties in the Golden Triangle

Region of northwestern British Columbia. A portion of the funds will be directed to general working capital.

About Teuton

Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area of northwestern

British Columbia and was one of the first companies to adopt what has since become known as the “prospect

generator” model. Eleven of its properties are currently under option and cash proceeds from these options are

just under $2 million since 2015, not including the value of shares received from the optioning companies.

Teuton owns a 20% carried interest (carried until a production decision is made) in the Treaty Creek property

as well as a 0.98% Net Smelter Royalty in the core portion of the Treaty Creek claims (0.49% in the outer

perimeter) which is not subject to a buyback. It presently holds 2.2 million shares of Tudor Gold, the Operator

of the Treaty Creek project.

Shareholders and other interested parties can access information about Teuton at the Company’s website,

www.teuton.com.

Respectfully:

“Dino Cremonese, P.Eng.”

President, Teuton Resources Corp.

For more information contact Investor Relations at 778-430-5680 or [email protected]

If you would like to be added to Teuton’s news distribution list, please send your email address to

[email protected]

This news release includes certain forward -looking statements c oncerning 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 inhere ntly 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 mor e 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.