M&A / Property

Sverre Holte Acquires Additional Shares of Teako Minerals Corp.

By The Northwire Desk — AI Analysis Oct 27, 2025 · 08:32 TMIN · 0.06 Teako Minerals Corp.

TMIN · Price

Sverre Holte (the “Acquiror”) acquired an additional 3,076,923 common shares of Teako Minerals Corp. at $0.065 per share ($200,000) in the private placement announced on October 9 2025.
On October 24 2025 the Acquiror bought a further 160,000 shares on the open market at $0.06 per share.
Post‑transaction, the Acquiror now controls approximately 15.0% (15,326,923 shares) of Teako Minerals’ outstanding common stock, up from about 12.1% prior to the deals.

Private Placement Purchase: 3,076,923 Common Shares @ $0.065 per share = $200,000 total subscription price.
Open‑Market Acquisition: 160,000 Common Shares @ $0.06 per share.
Pre‑transaction Holding: 12,090,000 Common Shares (≈12.1% of issued and outstanding shares) held through SBS Holding AS, S.B.S. Capital Management AS, and StonkeyKongs & Comrades AS.
Post‑transaction Holding: 15,326,923 Common Shares (≈15.0% of issued and outstanding shares).
Purpose: Investment; Acquiror may increase or decrease its stake depending on market conditions and other opportunities.
Regulatory Filing: An Early Warning Report required under National Instrument 62‑103 will be filed with the relevant securities regulators and made available via SEDAR+.

(No direct quotes were provided in the release.)

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