TEAKO MINERALS CORP. announced the resignation of Mr. Rob Cameron from his role as President and Director of the Company, effective immediately, as he shifts his full focus towards his own company. Stepping in as a Director of the Company is Mr. Eric Roth, previously special advisor of the Company and currently serving as the CEO and Director of Capella Minerals Ltd. Concurrently Mr. Roth will assume the position of the Company's Qualified Person ('QP'). Mr. Roth brings a profound technical understanding, and his experience spans all of Teako's target jurisdictions, Norway, Finland, and Canada, ensuring a comprehensive grasp of the geological landscapes and regulatory dynamics in these regions. Given his extensive experience working in especially Norway and Finland, Mr. Roth significantly bolsters our strategic push in these jurisdictions, propelling targeted mineral exploration endeavors forward. Eric holds a Ph.D. in Economic Geology from the University of Western Australia and is an economic geologist with over 30 years of experience in international minerals exploration and mining project evaluation. Prior to Capella, he was Chief Operating Officer of Mariana Resources Ltd., which was acquired by Sandstorm Gold Royalties in July 2017 for the high-grade Hod Maden copper-gold discovery in NE Turkey. Prior to this, Mr. Roth was Chief Executive Officer of Aegean Metals Group Inc. (original acquirer of the Hod Maden project) and
President and Chief Executive Officer of Extorre Gold Mines Ltd. (discoverer of the high-grade Cerro Moro gold-silver deposit in Santa Cruz Province, Argentina, which was acquired by Yamana Gold Inc. in mid-2012 for CAD 440M). Eric worked for AngloGold Ashanti Ltd. ("AGA") between 2002 and 2008, initially as the Lima-based Peruvian project and South American opportunities manager and subsequently as the Johannesburg-based Global Head of greenfields exploration. During his Johannesburg tenure, AGA's greenfields exploration teams brought in over 20+Moz Au in new Inferred Resources through discoveries in Colombia (Colosa, Gramalote), Australia (Tropicana), and the DRC (Mongwalu) at a discovery cost of (USD 15/oz. Prior to AGA, Eric worked with TSX-listed Aur Resources Inc., discoverer of the high-grade Louvicourt VMS deposit located near Val d'Or, Quebec. Eric is a Fellow of the Australian Institute of Mining and Metallurgy (FAusIMM), a Fellow of the Society of Economic Geologists (SEG), and a principal of consulting firm ER Global Consulting SpA.