TUO Teuton Resources Corp

Teuton Resources Corp. ("Teuton") (TSX VENTURE:TUO)(FRANKFURT:TFE)(OTCBB:TEUTF)
after consultations with its shareholders will be cancelling the private
placement announced on July 29, 2014. The combined flow-through and non
flow-through share offering was considered too complex. 


A new private placement will be entered into comprising an offering of 9,000,000
units (each a "Unit) at a price of $0.05 per Unit, for gross proceeds of up to
$450,000 (the "Offering"). Each Unit will consist of one common share of Teuton
and one common share-purchase warrant; each warrant will entitle the holder to
purchase one additional common share of Teuton at a price of $0.07 for a period
of twelve (12) months after the closing of the Offering, and thereafter at a
price of $0.10 until twenty-four (24) months after the closing of the Offering.


A finder's fee, up to the maximum allowable under TSX Venture policy, may be
payable in regard to the Offering. Insiders of the Company may be taking part in
the Offering. All securities issued by the Offering will be subject to a hold
period of four months plus one day. The Offering is subject to regulatory
approval.


Net Proceeds from the Offering will be used principally to fund exploration of
the Company's mineral properties in the Stewart area of northwestern British
Columbia. In addition, net proceeds from the Offering may be used for general
corporate purposes, including an interim payment on account of costs to the
plaintiff in regard to the recent litigation on the Treaty Creek property. The
main costs hearing for that litigation is scheduled for November 3, 2014,
wherein the plaintiff will be seeking a substantially higher award of costs and
which the Company will be opposing.


 About Teuton: 

Teuton owns interests in more than thirty properties in the prolific "Golden
Triangle" area of northwestern British Columbia. One of its core holdings
comprises ground staked in the mid-1980s along extensions of favourable geology
to the north and south of the KSM property (owned by Seabridge Gold) and the
Brucejack-Snowfield property (owned by Pretium Resources). On July 30, 2014, the
Globe and Mail reported that, "The British Columbia government has granted
environmental approval for a proposed $5.3-billion mine (the KSM Project) in the
province's north, which would tap into one of the largest gold and copper
deposits in the world and has already received support from local First
Nations." The Sulphurets Fault, which is related to all of the copper-gold
deposits on the KSM property, passes south for at least 8km into Teuton's High
and Orion properties.


Teuton's High property also borders due south of Pretium's Brucejack property,
home to the Valley of the Kings deposit, now the largest high-grade gold deposit
in the world. A one-hole drilling program undertaken on the High in 2012
resulted in an intersection running 222m of 0.88 g/t gold. This intersection
compares well with the average intersections obtained in the first ten holes
drilled by Pretium into their Bridge deposit, located less than 2km to the
north. Much higher grade gold values were obtained in surface sampling on the
High but have not yet been adequately drill tested. 


The Company also owns interests in the Tennyson property on which Brigade
Resources, a private Hunter Dickinson company, spent $4 million in 2012-13
drilling two porphyry copper-gold zones. Teuton recently re-acquired a 100%
interest in the Del Norte property, in which more than 90 holes were drilled
from 1990 to 2007 following up several gold-silver and copper-bearing
structures. It also controls an extensive land package north of Imperial Metal's
Red Chris copper-gold mine. 


Teuton was one of the first companies to adopt what has since become known as
the "prospect generator" model. This involves acquiring ground by staking,
grooming it, and then optioning it out to third parties. Instead of having one
or two properties to explore, work which must be financed internally, prospect
generators can have interests in multiple properties because the work is carried
out and financed by others.


The Qualified Person for the purposes of this news release is D. Cremonese,
P.Eng. Mr. Cremonese, P.Eng., is the President of Teuton Resources Corp. and is
not independent of the Company. 


Respectfully:

Dino Cremonese, P.Eng., President, 

Teuton Resources Corp. 

If you would like to be added to Teuton's news distribution list, please send
your email address to gary.teuton@shawlink.ca.


This news release includes certain forward-looking statements concerning the
future performance of our business, its operations and its financial performance
and condition, as well as management's objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by such words
as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and
similar words referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management. All
forward-looking information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature of
mineral exploration and development, fluctuating commodity prices, competitive
risks and the availability of financing, as described in more detail in our
recent securities filings available at www.sedar.com. Actual events or results
may differ materially from those projected in the forward looking-statements and
we caution against placing undue reliance thereon. Teuton Resources Corp. does
have an ongoing obligation to disclose material information, as it becomes
available.


The TSX Venture Exchange has neither approved nor disapproved the information
contained herein.  



FOR FURTHER INFORMATION PLEASE CONTACT: 
Teuton Resources Corp.
202-2187 Oak Bay Avenue
Victoria, BC V8R 1G1
(604) 682-3680 or Toll Free: 1-800-879-2333
(604) 682-3992 (FAX)
www.teuton.com

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