Teako Minerals Corp
0.02
USD
-0.02
(-47.64%)
ISIN
CA8724011041
CUSIP
872401104
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
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81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Sven Gollan
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Vancouver Canada
- IPO Date
- Aug 19, 2021
- Website
- teakominerals.com
- Similar Companies
- Business
- Teako Minerals Corp. is a Canada-based junior mineral exploration and development company primarily engaged in the acquisition, exploration, and advancement of critical and base metal properties in Northern Europe. The company focuses on discovering and delineating volcanogenic massive sulfide (VMS) and magmatic sulfide deposits prospective for copper, cobalt, zinc, silver, and gold. Its principal business activities encompass mineral claim staking and property acquisition; geological reconnaissance, field mapping, and sampling; airborne and ground geophysical surveys; geochemical exploration and data synthesis; target generation; diamond core drilling; mineral resource evaluation; and project incubation through a partner-funded joint-venture model. Teako Minerals Corp. manages an extensive exploration portfolio in Norway comprising over 70 projects covering more than 5,000 square kilometers, with flagship operations concentrated in the historic Trøndelag and Innlandet mining districts, including the consolidated Løkken Copper-Cobalt-Zinc Project, the Venna and Lomunda properties, the Tynset VMS project, and partner-advanced concessions such as the Sivilvangen project. The company was incorporated in February 2020 as 1111 Acquisition Corp., changed its name to 1111 Exploration Corp. in August 2021, and rebranded to Teako Minerals Corp. in February 2023. The company is headquartered in Vancouver, British Columbia, Canada, and conducts exploration programs across Norway. In recent developments, Teako Minerals Corp. executed a strategic pivot to concentrate resources exclusively on its Norwegian critical metals portfolio, terminating its option agreement on the Pinnacle copper-gold property in British Columbia. The company consolidated the historic Løkken mining district by acquiring a 90 percent interest in the Løkken project from Capella Minerals Ltd., subsequently executing its inaugural diamond drilling campaign targeting volcanogenic massive sulfide mineralization at the Åmot and Høydal targets. In addition, Teako Minerals Corp. expanded its collaborative exploration model through strategic partnerships with regional groups, including United Minerals (Nordic Minerals AS) and Treschow-Fritzøe, advancing partner-funded exploration across multiple Norwegian projects while securing retained free-carried interests and completing equity private placements to fund corporate operations.