BRIEF-Treaty Creek Property to be joint ventured by Tudor Gold, American Creek and Teuton

Wed May 11, 2016 9:29am EDT
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May 11 (Reuters) - Teuton Resources Corp

* Entered jv agreement with tudor gold corp, american creek resources with respect to treaty creek property

* Tudor gold holding an immediate 60% interest and each of american creek and teuton resources corp holding an immediate 20% interest

* Tudor gold has agreed to complete a minimum of $1 million in exploration expenditures on treaty creek property during 2016

* Teuton will also receive 500,000 shares of tudor gold

* Treaty creek property to be joint ventured by tudor gold, american creek and teuton Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)