Teako Minerals Corp. announces a non-brokered private placement for the issuance of up to 16,666,666 common shares of the Company at a price of $0.06 per Common Share for aggregate gross proceeds of up to $1,000,000 and the approval of the settlement of $113,000 of indebtedness through the issuance of an aggregate of 1,883,333 Common Shares . The indebtedness relates to fees for services performed by certain advisors
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