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Teako Announces Closing of Oversubscribed Private Placement

VANCOUVER, B.C. | July 24, 2026 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) is pleased to announce the closing of its previously announced non-brokered private placement offering (the “Offering”) of common shares of the Company (“Common Shares”). Pursuant to the Offering, the Company issued 8,478,166 Common Shares at a price of $0.06 per Common Share for total gross proceeds of $508,690. The Offering was fully subscribed by the Company’s strategic investor group of K.A. Rasmussen AS. The Company intends to use the net proceeds of the Offering for anticipated exploration activities as well as general working capital. The Common Shares are subject to a four-month and one-day hold period. The Common Shares offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Teako Minerals Corp.:

Teako Minerals Corp. is a Vancouver-based mineral exploration company committed to acquiring, exploring, and developing mineral properties in Norway, focusing on critical metals such as copper and zinc in massive sulfides. 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.

Teako, within its Norwegian Project Hub owns over 60 projects 100% and holds a 10% economic interest in the four (4) rare earth elements (“REE”) projects owned by Fritzøe Skoger AS and a 10% non-dilutive free carried ownership interest in five (5) copper, gold and silver projects owned by Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty Ltd as further described on the Company’s website.

Teako’s Project Hub, including the Løkken, Venna and Tynset main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, silver, platinum group elements (or “PGE”), uranium, antimony, molybdenum, tungsten and rare-earth-elements. The Project Hub strategy was initially developed from the Company’s first-mover advantage incountry, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Løkken, Venna and Tynset projects remain integral to the Company’s selffunded exploration programs, whereas the Company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or ongoing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako’s foundation.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to the intended use of the net proceeds of the Offering and the Company’s business plans and operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, for the period ended January 31, 2026.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

VANCOUVER, B.C. | July 9, 2026 | Teako Minerals Corp. (CSE: TMIN) (FSE: O8U) (OTCPK: TMINF) (the “Company” or “Teako”) is pleased to announce that it has received formal approval to receive a grant of NOK 1,100,000 (approximately C$160,000) to undertake an Induced Polarization ("IP") survey and other exploration activities, including structural mapping and outcrop sampling (the "Exploration Program"), on priority targets at its 100%-owned high-grade Tynset copper-zinc-silver ("Cu-Zn-Ag") volcanogenic massive sulfide ("VMS") project (see Company press release dated April 21, 2026) located in Tynset Municipality, Innlandet County, Norway.

The grant has been awarded to Teako by Hedmark Fylkeskraft AS, a public entity of Innlandet County, and Tynset Municipality, with Hedmark Fylkeskraft AS funding 75% of the Tynset Exploration Program, Tynset Municipality funding 12.5%, and Teako contributing the remaining 12.5%, which may be satisfied through in-kind contributions. With a preliminary core logging exercise of the historical drill core on the Tynset project recently completed, the Tynset Exploration Program will commence as soon as practicable, with the IP survey commencing upon the appointment of a contractor. The Company will provide further updates as activities commence and progress. The Tynset Exploration Program is expected to advance existing priority targets to drill-ready status ahead of an expected drilling campaign during H2 2026.

About Teako Minerals Corp.:

Teako Minerals Corp. is a Vancouver-based mineral exploration company committed to acquiring, exploring, and developing mineral properties in Norway, focusing on critical metals such as copper and zinc in massive sulfides. 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.

Teako, within its Norwegian Project Hub owns over 60 projects 100% and holds a 10% economic interest in the four (4) rare earth elements (“REE”) projects owned by Fritzøe Skoger AS and a 10% non-dilutive free carried ownership interest in five (5) copper, gold and silver projects owned by Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty Ltd as further described on the Company’s website.

Teako’s Project Hub, including the Løkken, Venna and Tynset main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, silver, platinum group elements (or “PGE”), uranium, antimony, molybdenum, tungsten and rare-earth-elements. The Project Hub strategy was initially developed from the Company’s first-mover advantage in- country, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Løkken, Venna and Tynset projects remain integral to the Company’s self- funded exploration programs, whereas the Company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or ongoing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako’s foundation.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to the timing and completion of the Exploration Program, the engagement of contractors, the provision of future updates, the advancement of exploration targets to drill-ready status, and the anticipated drilling campaign in H2 2026 and the Company’s business plans and operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s Management’s Discussion and Analysis, for the period ended January 31, 2026.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

VANCOUVER, B.C. | July 9, 2026 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) announces a non- brokered private placement for the issuance of up to 8,333,333 common shares of the Company (the “Common Shares”) at a price of $0.06 per Common Share for aggregate gross proceeds of up to $500,000 (the “Offering”). The Company has received commitments for the full amount of the Offering from its strategic investor group of K.A. Rasmussen AS and anticipates closing the Offering promptly.

Closing of the Offering is subject to certain customary conditions, including, without limitation, approval of the Canadian Securities Exchange (the “CSE”) and the Common Shares being 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.

The Common Shares offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Teako Minerals Corp.:

Teako Minerals Corp. is a Vancouver-based mineral exploration company committed to acquiring, exploring, and developing mineral properties in Norway, focusing on critical metals such as copper and zinc in massive sulfides. 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.

Teako, within its Norwegian Project Hub owns over 60 projects 100% and holds a 10% economic interest in the four (4) rare earth elements ("REE") projects owned by Fritzøe Skoger AS and a 10% non-dilutive free carried ownership interest in five (5) copper, gold and silver projects owned by Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty Ltd as further described on the Company's website.

Teako's Project Hub, including the Løkken, Venna and Tynset main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, silver, platinum group elements (or "PGE"), uranium, antimony, molybdenum, tungsten and rare-earth-elements. The Project Hub strategy was initially developed from the Company's first-mover advantage in- country, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Løkken, Venna and Tynset projects remain integral to the Company's self- funded exploration programs, whereas the Company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or ongoing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako's foundation.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to the size of the Offering, expected participation of the Offering, the intended use of the net proceeds of the Offering, timing for closing the Offering, and the Company’s business plans and operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward- looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, for the period ended January 31, 2026.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

VANCOUVER, B.C. | April 17, 2026 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) is pleased to announce, further to its press release dated April 10, 2026, the closing of a second and final tranche of its previously announced non-brokered private placement offering (the “Offering”) of common shares of the Company (“Common Shares”). Pursuant to the second and final tranche of the Offering, the Company issued 12,270,501 Common Shares at a price of $0.06 per Common Share for total gross proceeds of approximately $736,230 resulting in an oversubscription of the Offering.

The first tranche of the Offering was subscribed by one of the Company’s largest German investors, together with new German investors and insiders, as previously disclosed in the Company’s press release dated January 30, 2026. The second and final tranche attracted strong participation from both existing and new investors, with the majority based in Norway. A significant portion was subscribed by strategic investors K. A. Rasmussen AS (“K.A. Rasmussen”), Torodd Rande (CEO of K. A. Rasmussen), and Harald Sverdrup Industrier AS (the majority shareholder of K. A. Rasmussen). As a result, these parties now hold a combined direct and indirect ownership of approximately 7.99% of the Company.

K.A. Rasmussen is a family-owned group established in 1872 and one of the leading precious metals refiners and producers in the Nordic region. Headquartered in Hamar, Norway, the company offers refining, recycling and advanced processing of gold, silver, platinum and palladium, in addition to industrial catalyst systems, investment metals and solutions for jewellery and industrial markets. K.A. Rasmussen operates in multiple European countries and serves customers globally.

Chief Executive Officer, Sven Gollan, comments: “We are pleased to have successfully completed this financing, which, while taking longer than anticipated, ultimately resulted in a strong outcome for the Company. The quality and composition of the additions to our investor base provide a solid foundation as we move forward with our strategic priorities.”

The Company did not pay any finder’s fees in cash or securities under the Offering. The Common Shares are 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 the Company to pursue its corporate objective of additional project deals and potential revenue-generating third party work. The Common Shares offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Teako Minerals Corp.:

Teako Minerals Corp. is a Vancouver-based mineral exploration company committed to acquiring, exploring, and developing mineral properties in Norway, focusing on critical metals such as copper and zinc in massive sulfides. 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.

Teako, within its Norwegian Project Hub owns 62 projects 100% and holds a 10% economic interest in the four (4) rare earth elements (“REE”) projects owned by Fritzøe Skoger AS and a 10% non-dilutive free carried ownership interest in a package of copper, gold and silver projects consisting of 5 projects owned by Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty Ltd as further described on the Company’s website.

Teako’s Project Hub, including the Løkken and Venna main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, silver, platinum group elements (or “PGE”), uranium, antimony, molybdenum, tungsten and rare- earth-elements. The Project Hub strategy was initially developed from the Company’s first-mover advantage in-country, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Løkken-Venna district remain integral to the Company’s self-funded exploration programs, whereas the Company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or ongoing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako’s foundation.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to the intended use of the net proceeds of the Offering and the Company’s business plans, operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, for the period ended October 31, 2025.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

VANCOUVER, B.C. | April 10, 2026 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) is pleased to announce that, further to its press release dated January 30, 2026, it intends to close a second and final tranche of its previously announced non-brokered private placement offering (the “Offering”) for the issuance of common shares of the Company (the “Common Shares”) on or before April 17, 2026. Pursuant to the second tranche of the Offering, Teako has received subscriptions for a total of approximately C$736,230 and will issue 12,270,501 Common Shares on the final closing date of the Offering.

In connection with the Offering, the Company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange (the “CSE”) and applicable securities laws. Closing of the second and final tranche of the Offering is subject to certain customary conditions, including, without limitation, approval of the CSE and the Common Shares being 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 the Company to pursue its corporate objective of additional project deals and potential revenue- generating third party work.

The Common Shares offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Teako Minerals Corp.:

Teako Minerals Corp. 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.

Teako’s Project Hub, including the Løkken and Venna main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, platinum group elements (or “PGE”), uranium, antimony, molybdenum and rare-earth-elements. The Project Hub strategy was initially developed from the Company’s first-mover advantage in-country, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Løkken-Venna district remain integral to the Company’s self-funded exploration programs, whereas the Company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or ongoing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako’s foundation. Teako holds a 10% economic interest in the four (4) rare earth elements (“REE”) projects owned by Fritzøe Skoger AS and a 10% non-dilutive free carried ownership interest in a package of copper, gold and silver projects consisting of 5 projects owned by Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty Ltd as further described on the Company’s website.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to the proposed closing date of the Offering, the amount of Common Shares to be issued, the intended use of the net proceeds of the Offering and the Company’s business plans and operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, for the period ended October 31, 2025.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

VANCOUVER, B.C. | January 30, 2026 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) is pleased to announce the closing of a first tranche of its previously announced non-brokered private placement offering (the “Offering”) of common shares of the Company (“Common Shares”) and settlement of $113,000 of indebtedness (the “Debt Settlement”) through the issuance of Common Shares (the “Settlement Shares”). Pursuant to the Offering, the Company issued 7,729,499 Common Shares at a price of $0.06 per Common Share for total gross proceeds of approximately $463,770. Pursuant to the Debt Settlement, the Company issued 1,883,333 Settlement Shares at a deemed price of $0.06 per Settlement Share for total debt settlement in the amount of $113,000.

Element29 AS (“Element”), controlled by Sven Gollan, received 650,000 Settlement Shares in satisfaction of $39,000 in debt. Following completion of the Debt Settlement, Sven Gollan beneficially owns, or exercises control or direction over, an aggregate of 4,540,000 Common Shares, representing approximately 4.06% of the issued and outstanding Common Shares. Fruchtexpress Grabher GmbH & Co KG (“Fruchtexpress”) and AVA SYSTEMS AS, a company controlled by Sverre Holte (“AVA”, together with Element and Fruchtexpress, the “Insiders”), participated in the Offering. Fruchtexpress and AVA each acquired an aggregate of 2,705,000 Common Shares. Following completion of the Offering, Fruchtexpress and Sverre Holte, beneficially owns, or exercises control or direction over, an aggregate of 16,023,447 and 18,581,923 Common Shares respectively, representing approximately 14.34% and 16.62% of the issued and outstanding Common Shares, respectively.

The Insiders’ participation in the Offering and Debt Settlement constitute a “related party transaction”, as such term is defined in Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (“MI 61-101”). In completing the Offering and Debt Settlement, the Company has relied on the exemptions from the formal valuation requirements of MI 61-101 contained in section 5.5(a) and (b) of MI 61-101 on the basis that the fair market value of the transaction with insiders will not be more than 25% 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% of the market capitalization of the Company.

The Company did not pay any finder’s fees in cash or securities under the Offering. The Common Shares and Settlement Shares are 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 the Company to pursue its corporate objective of additional project deals and potential revenue- generating third party work. The Common Shares offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Teako Minerals Corp.:

Teako Minerals Corp. 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.

Teako’s Project Hub, including the Løkken and Venna main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, platinum group elements (or “PGE”), uranium, antimony, molybdenum and rare-earth-elements. The Project Hub strategy was initially developed from the Company’s first-mover advantage in-country, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Løkken-Venna district remain integral to the Company’s self-funded exploration programs, whereas the Company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or ongoing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako’s foundation. Teako holds a 10% economic interest in the four (4) rare earth elements (“REE”) projects owned by Fritzøe Skoger AS and a 10% non-dilutive free carried ownership interest in a package of copper, gold and silver projects consisting of 5 projects owned by Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty Ltd as further described on the Company’s website.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to the intended use of the net proceeds of the Offering and the Company’s business plans and operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, for the period ended October 31, 2025.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

VANCOUVER, B.C. | January 6, 2026 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) announces a non-brokered private placement for the issuance of up to 16,666,666 common shares of the Company (the “Common Shares”) at a price of $0.06 per Common Share for aggregate gross proceeds of up to $1,000,000 (the “Offering”) and the approval of the settlement of $113,000 of indebtedness (the “Debt Settlement”) through the issuance of an aggregate of 1,883,333 Common Shares (the “Settlement Shares”). The indebtedness relates to fees for services performed by certain advisors, independent contractors and an insider of the Company (the “Creditors”) through to January 6, 2026. The Company anticipates closing the Offering and Debt Settlement promptly.

The Settlement Shares will be issued at a deemed price of $0.06 per Settlement Share in alignment with the price per Common Share of the Company’s Offering. The Company will enter into shares for debt agreements with each Creditor in connection with the Debt Settlement.

In connection with the Offering, the Company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange (the “CSE”) and applicable securities laws. Closing of the Offering and Debt Settlement is subject to certain customary conditions, including, without limitation, approval of the CSE and the Common Shares and Settlement Shares being 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 the Company to pursue its corporate objective of additional project deals and potential revenue- generating third party work.

The Common Shares offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Insider Participation

An insider of the Company is expected to receive Settlement Shares in connection the with Debt Settlement and as a result, the Debt Settlement may constitute a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Shareholders in Special Transactions (“MI 61-101“). The Company expects to rely on the exemptions from the formal valuation requirements of MI 61-101 contained in section 5.5(a) and (b) of MI 61-101 on the basis that the fair market value of the transaction with insiders will not be more than 25% 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% of the market capitalization of the Company.

About Teako Minerals Corp.:

Teako Minerals Corp. 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.

Teako’s Project Hub, including the Løkken and Venna main projects, covers an extensive land package prospective for copper, cobalt, zinc, gold, platinum group elements (or “PGE”), uranium, antimony, molybdenum and rare-earth-elements. The Project Hub strategy was initially developed from the Company’s first-mover advantage in-country, leveraging both technical skill and strong local community engagement to acquire and advance groups of both core and non-core assets. Core assets such as the Løkken-Venna district remain integral to the Company’s self-funded exploration programs, whereas the Company aims to retain exposure to exploration success on non-core assets through securing deals with strong partners. These deals, if secured, are intended to potentially bring in capital and/or ongoing cash flow, retain upside exposure, and reduce overall risk, thereby strengthening Teako’s foundation. Teako holds a 10% economic interest in the four (4) rare earth elements (“REE”) projects owned by Fritzøe Skoger AS and a 10% non-dilutive free carried ownership interest in a package of copper, gold and silver projects consisting of 5 projects owned by Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty Ltd as further described on the Company’s website.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to the size of the Offering and Debt Settlement, expected insider and other participation of the Offering and Debt Settlement, the payment of finders fees in connection with the Offering, the intended use of the net proceeds of the Offering, timing for closing the Offering and Debt Settlement, and the Company’s business plans and operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, for the period ended October 31, 2025.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

Not for dissemination in the United States or distribution through U.S. newswires

Teako Closes Non-Brokered Private Placement Backed by Insider and Other Significant Investors

VANCOUVER, B.C. | October 9, 2025 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) is pleased to announce the closure of its non-brokered private placement offering (the “Offering”) of common shares of the Company (“Common Shares”). Pursuant to the Offering, the Company issued 6,153,847 Common Shares at a price of $0.065 per Common Share for total gross proceeds of $400,000.06. The Offering was backed by participation from significant investors from Denmark alongside participation from an insider of the Company. The Company’s now largest shareholder, the Norwegian family office owned by Sverre Holte (the “Insider”), participated in the Offering through S.B.S. Capital Management AS and acquired an aggregate of 3,076,923 Common Shares. The Insiders’ participation in the Offering constitutes a “related party transaction”, as such term is defined in Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (“MI 61-101”). In completing the Offering, the Company has relied on exemptions from the formal valuation and minority shareholder approval requirements enumerated in sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as neither the fair market value of the Common Shares purchased, nor the consideration paid by the Insiders exceeds 25% of the Company’s market capitalization. The Company intends to use the net proceeds of the Offering for ongoing exploration activities as well as general working capital purposes to allow more time to pursue its corporate objective of additional project deals and potential revenuegenerating third party work. The Company did not pay any finder’s fees in cash or securities under the Offering. All of the Common Shares issued under the Offering will be subject to a four-month and one-day statutory hold period. The Common Shares have not and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Teako Minerals Corp.:

Teako Minerals Corp. 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.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301

Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to: i) the use of proceeds from the Offering, and ii) the Company’s business plans, operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, July 31, 2025.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

Not for dissemination in the United States or distribution through U.S. newswires

Teako Announces Financing and Provides Norwegian Field Program Update VANCOUVER, B.C. | August 19, 2025 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) announces a non-brokered private placement for the issuance of up to 6,153,846 common shares of the Company (the “Common Shares”) at a price of $0.065 per Common Share for aggregate gross proceeds of up to $400,000 (the “Offering”). The Company has secured lead commitments from insiders of the Company totaling C$200,000 and anticipates closing the Offering promptly. In connection with the Offering, the Company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange (the “CSE”) 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. The Common Shares offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. 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 (“MI 61-101“). The Company expects to rely on the exemptions from the formal valuation requirements of MI 61-101 contained in section 5.5(a) and (b) of MI 61-101 on the basis that the fair market value of the transaction with insiders will not be more than 25% 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% of the market capitalization of the Company. The Company currently has 95,979,482 shares outstanding, approximately 60% 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%-owned Venna Project and the Dragset-Halsetasen copper-cobalt-zinc (“Cu-Co-Zn”) massive sulfide (“VMS”) target at the Løkken Project (90% Teako owned). At Venna, field work 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 historic 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 underway 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 Løkken property, and contains outcropping high-grade Cu-Co+/-Zn mineralization hosted within a broadly ENE-WSW-trending corridor as defined by both geological and ground magnetic survey data. Åmot Assay Results Following the initial drill program at its Åmot and Høydal targets, both of which are located on the Company’s Løkken Cu- Co-Zn VMS project, the Company sent a select suite of samples from Åmot drill hole AM-25-001 (see Table 1) to MSA Labs in Sweden for multi element analyses. Samples from Høydal 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”). Table 1: Drill holes completed at the Løkken project

Hole

Easting (WGS84, 32N)

Northing (WGS84, 32N)

Elevation

Hole Diameter Azimuth Dip

Tiefe

(m) Åmot AM-25-001 541403 6999591 312 HQ + NQ 195 -45 218,6 Høydal HOY-25-001 536181 6999186 328 HQ + NQ 195 -50 145,6 Laboratory analyses confirmed no significant Cu, Co or Zn mineralization as indicated in the preliminary pXRF readings of the intercepts previously announced (see press release dated May 22, 2025). Analysis did confirm elevated arsenic values (values ranging from zero to 930ppm); 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 signficant 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 press 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 Løkken 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% passing 2mm then pulverised to greater than 85% passing 75 microns (PRP-920). All samples have then

Target

ID

(m) undergone various analysis, including Au, Pt, Pd fire assay 30g fusion with ICP-AES/MS finish (FAS-113) and 4 acid digest with ICP-AES/MS finish (IMS-230). A 5% QA/QC (Quality Assurance and Quality Control) 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 press release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 (“NI 43-101”) Standards of Disclosure for Mineral Projects, and reviewed and approved by Eric Roth, a Non-Executive Director of Teako and Qualified Person under NI 43-101. Mr. Roth holds a Ph.D. 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 Corp. 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.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to the size of the Offering, expected insider and other participation of the Offering, the intended use of the net proceeds of the Offering, timing for closing the Offering, the ongoing evaluation at the Dragset-Halsetasen area, the ongoing evaluation and mineralization of drill samples, the Company’s business plans and operations and other matters. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forwardlooking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, for the period ended April 30, 2025.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com

Not for dissemination in the United States or distribution through U.S. newswires

Teako Closes Oversubscribed Private Placement, Welcomes Norwegian Family Office as a Significant (>10%)

Shareholder Alongside Strong Participation from Existing Investors and Prominent Norwegian Investors

VANCOUVER, B.C. | March 17, 2025 | Teako Minerals Corp. (CSE: TMIN) (the “Company” or “Teako”) is pleased to announce the closure of its non-brokered private placement offering (the “Offering”) of common shares of the Company (“Common Shares”). Pursuant to the Offering, the Company issued 14,799,133 Common Shares at a price of $0.065 per Common Share for total gross proceeds of $961,943. The Offering was oversubscribed with participation from existing investors and new local prominent Norwegian investors based in Trøndelag County, central Norway – home to the Company’s Løkken project. The Offering also resulted in a Norwegian family office acquiring a stake and thereby exceeding 10% and becoming an insider of the Company. Highlights

Teako Minerals Corp. 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.

Contact Information:

Sven Gollan – CEO T: +1 (604)-871-4301 Email: sven.gollan@teakominerals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include statements related to i) the approvals of the Offering and ii) the use of proceeds for the Offering. Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forwardlooking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako’s interim Management’s Discussion and Analysis, October 31, 2024.

All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. Neither the CSE nor its market regulator accepts responsibility for the adequacy or accuracy of this press release.

400-601 West Broadway, Vancouver, BC, V5Z 4C2 TEL +1 (604)-871-4301 www.teakominerals.com