Teako Minerals Advances with Løkken Project Stake

1111 Exploration Corp (TSE:TMIN) has released an update.

Teako Minerals Corp. has successfully completed the first tranche of its non-brokered private placement, raising approximately $409,090 through the issuance of common shares. Alongside this, Teako has also finalized the acquisition of a 90% interest in the Løkken mineral exploration project in Norway, reflecting the company’s growth in the Scandinavian mineral sector.

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