Mr. Sven Gollan reports

TEAKO ANNOUNCES CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT

Teako Minerals Corp. has closed its previously announced non-brokered private placement offering of common shares of the company. Pursuant to the offering, the company issued 8,478,166 common shares at a price of six cents per common share for total gross proceeds of $508,690. The offering was fully subscribed by the company's strategic investor group of K.A. Rasmussen AS.

The company intends to use the net proceeds of the offering for anticipated exploration activities, as well as general working capital. The common shares are subject to a four-month-and-one-day hold period.

About Teako Minerals Corp.

Teako is a Vancouver-based mineral exploration company committed to acquiring, exploring and developing mineral properties in Norway, focusing on critical metals such as copper and zinc in massive sulphides. 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.

Teako, within its Norwegian project hub, owns over 60 projects 100 per cent and holds a 10-per-cent economic interest in the four rare earth element projects owned by Fritzoe Skoger AS and a 10-per-cent non-dilutive free carried ownership interest in five copper, gold and silver projects owned by Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty. Ltd. as further described on the company's website.

Teako's project hub, including the Lokken, Venna and Tynset main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, silver, platinum group elements, uranium, antimony, molybdenum, tungsten and rare earth elements. The project hub strategy was initially developed from the company's first-mover advantage in country, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Lokken, Venna and Tynset projects remain integral to the company's self-financed exploration programs whereas the company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or continuing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako's foundation.

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