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Teuton Resources and Luxor Metals Close Plan of Arrangement

Summary by thenewswire.com
May 16, 2025 – TheNewswire - Victoria, British Columbia - Teuton Resources Corp. (“Teuton” or the “Company”)(TSXV:TUO, Frankfurt:TFE, OTCQB:TEUTF) and Luxor Metals Ltd. (“Luxor”) announce that the previously announced spin-out transaction involving both parties, implemented by way of a plan of arrangement (the “Arrangement”), has closed on May 16, 2025. Pursuant to the Arrangement, Teuton has transferred to Luxor $1.9 million in cash and securi…
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thenewswire.com broke the news in on Friday, May 16, 2025.
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