Teako Minerals arranges $400,000 private placement

Mr. Sven Gollan reports TEAKO ANNOUNCES FINANCING AND PROVIDES NORWEGIAN FIELD PROGRAM UPDATE Teako Minerals Corp. has arranged a non-brokered private placement for the issuance of up to 6,153,846 common shares of the company at a price of 6.5 cents per common share for aggregate gross proceeds of up to $400,000. The company has secured lead commitments from insiders of the company totalling $200,000 and anticipates closing the offering promptly. In connection with the offering, the company may pay finders' fees in cash or securities, or a combination of both, as permitted by the policies of the Canadian Securities Exchange and applicable securities laws. Closing of the offering is subject to certain customary conditions, including, without limitation, approval of the CSE, and the common shares will be subject to a four-month-and-one-day hold period. The company intends to use the net proceeds of the offering for anticipated 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. Insider participation Certain insiders of the company are expected to participate in the offering and, as a result, the offering may constitute a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Shareholders in Special Transactions. The company expects to rely on the exemptions from the formal valuation requirements of MI 61-101 contained in sections 5.5(a) and 5.5(b) of MI 61-101 on the basis that the fair market value of the transaction with insiders will not be more than 25 per cent of the market capitalization of the company and no securities of the company are listed on a specified market set out in such section, and the company further relies on the exemption from the minority shareholder approval requirements of MI 61-101 contained in Section 5.7(1)(a) of MI 61-101 on the basis of the fair market value of the transaction with insiders will not be more than 25 per cent of the market capitalization of the company. The company currently has 95,979,482 shares outstanding, approximately 60 per cent of which are held by Teako insiders and its four largest shareholders or shareholder groups. Upon successful closing of the offering as described herein, the total number of outstanding shares will increase to 102,133,328. Norwegian field program update The company's exploration teams are currently focused on detailed mapping and prospecting across the 100-per-cent-owned Venna project and the Dragset-Halsetasen copper-cobalt-zinc (Cu-Co-Zn) massive sulphide (VMS) target at the Lokken project (90 per cent Teako owned). At Venna, fieldwork has involved the ground truthing of multiple target areas identified within strong geophysical (electromagnetic) anomalies; a total of 49 samples have been taken and selected samples are expected to be sent for assay. Fieldwork at Dragset-Halsetasen has encompassed studying and assessing the historical mine workings and the surrounding areas in order to identify potential extensions of the known Cu-Co-Zn mineralization at Dragset. The current evaluation of the Dragset-Halsetasen area is expected to be concluded by the end of August, 2025. Proposed Fjellslett VMS drill program Final planning is under way for an anticipated scout drilling program at the Fjellslett VMS target in collaboration with The Coring Company AS and Innovasjon Norge. Fjellslett lies on the western margin of the Lokken property and contains outcropping high-grade Cu-Co-plus-or-minus-Zn mineralization hosted within a broadly east-northeast-west-southwest-trending corridor as defined by both geological and ground magnetic survey data. Amot assay results Following the initial drill program at its Amot and Hoydal targets, both of which are located on the company's Lokken Cu-Co-Zn VMS project, the company sent a select suite of samples from Amot drill hole AM-25-001 (see table 1) to MSA Labs in Sweden for multielement analyses. Samples from Hoydal drill hole HOY-25-001 (see table 1) were not sent for laboratory analysis. The primary objective was to confirm initial on-site pXRF values obtained for Cu, Co and Zn, in addition to testing for the existence of other potential economic metals such as gold (Au) and antimony (Sb). Laboratory analyses confirmed no significant Cu, Co or Zn mineralization as indicated in the preliminary pXRF readings of the intercepts previously announced (see the news release dated May 22, 2025). Analysis did confirm elevated arsenic values (values ranging from zero to 930 parts per million (ppm)); arsenic is a common pathfinder element for metals such as copper and gold, and, as such, these results will be reviewed in further detail. No significant values of Au or Sb were returned. While the drill program was inaugural and limited in scope, additional drilling will be required based on the drill core attributes, which proved to be in the correct stratigraphy, and the previously reported downhole geophysics (see the news release dated May 22, 2025) to properly assess the viability of these two targets. The company will continue evaluating the results from these targets, as well as other targets on the Lokken property. Quality assurance/quality control (QA/QC) All sampled drill core was sent to MSA labs in Sweden, via DB Schenker transportation services. All samples were dried, crushed to 70 per cent passing two millimetres (mm) then pulverized to greater than 85 per cent passing 75 microns (PRP-920). All samples have then undergone various analysis, including Au, platinum (Pt), palladium (Pd) fire assay 30-gram fusion with ICP-AES/MS finish (inductively coupled plasma atomic emission spectroscopy/mass spectrometry) (FAS-113) and four-acid digest with ICP-AES/MS finish (IMS-230). A 5-per-cent QA/QC was conducted on all drill core, which includes insertion of standard, blanks and duplicate samples for lab analysis. This ensures reliability of the drill core results. Qualified person The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, Standards of Disclosure for Mineral Projects, and reviewed and approved by Eric Roth, a non-executive director of Teako and a qualified person under NI 43-101. Mr. Roth holds a PhD in economic geology from the University of Western Australia, is a fellow of the Australian Institute of Mining and Metallurgy (AusIMM), and is a fellow of the Society of Economic Geologists. Mr. Roth has over 35 years of experience in international minerals exploration and mining project evaluation. 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.