Mr. Sven Gollan reports

TEAKO CLOSES NON-BROKERED PRIVATE PLACEMENT BACKED BY INSIDER AND OTHER SIGNIFICANT INVESTORS

Teako Minerals Corp. has closed its non-brokered private placement offering of common shares of the company. Pursuant to the offering, the company issued 6,153,847 common shares at a price of $0.065 per common share for total gross proceeds of $400,000.06. The offering was backed by participation from significant investors from Denmark alongside participation from an insider of the company.

The company's now largest shareholder, the Norwegian family office owned by Sverre Holte (the insider), participated in the offering through S.B.S. Capital Management AS and acquired an aggregate of 3,076,923 common shares. The insiders' participation in the offering constitutes a related party transaction, as such term is defined in Multilateral Instrument 61-101 -- Protection of Minority Securityholders in Special Transactions. In completing the offering, the company has relied on exemptions from the formal valuation and minority shareholder approval requirements enumerated in sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as neither the fair market value of the common shares purchased, nor the consideration paid by the insiders exceeds 25 per cent of the company's market capitalization.

The company intends to use the net proceeds of the offering for continuing exploration activities as well as general working capital purposes to allow more time to pursue its corporate objective of additional project deals and potential revenue-generating third party work. The company did not pay any finders' fees in cash or securities under the offering.

About Teako Minerals Corp.

Teako Minerals is a Vancouver-based mineral exploration company committed to acquiring, exploring and developing mineral properties in Norway, focusing on critical metals such as copper, cobalt, zinc and molybdenum. By leveraging leading-edge exploration technologies and strategic partnerships, Teako aims to address the growing demand for essential minerals while generating value for shareholders and stakeholders alike.

We seek Safe Harbor.