Teako Minerals

What Teako Minerals does

Teako Minerals Corp. is a publicly-traded junior mineral exploration company headquartered in Vancouver, Canada, with operations focused on Norway. Originally founded in 2021 as Teako Gold Corp., the company underwent a strategic pivot in January 2024 to concentrate on Norwegian mineral exploration, establishing a Project Hub strategy that now covers 4,092 square kilometers of land prospective for copper, cobalt, zinc, gold, silver, platinum group elements, uranium, antimony, molybdenum, tungsten, and rare earth elements. British Columbia operations (Yellow Moose, BQ, and Teako porphyry projects) are currently paused. The company's core portfolio consists of the Løkken, Venna, and Tynset copper-cobalt-zinc volcanogenic massive sulfide (VMS) projects in central Norway, with Løkken and Venna together spanning 647 sq. km around the historic Løkken copper-zinc mine and Tynset covering 88 sq. km along the Hersjø Volcanic belt. Supplementary uranium projects in northern Norway returned high-grade results up to 7,114 ppm U3O8 at Svarthola during the 2025 field season. Teako claims to leverage artificial intelligence and machine learning for data-driven exploration decisions and holds exclusive technology licenses with partners including The Coring Company.

Teako is pre-revenue and finances its exploration activities primarily through non-brokered private placements of common shares at prices ranging from C$0.06 to C$0.09, with multiple oversubscribed rounds completed since March 2024 cumulatively exceeding C$5 million. The company has cultivated strategic partnerships to advance projects while retaining economic upside, notably selling a 90% interest in five projects covering 289 sq. km to Nordic Minerals AS (a United Minerals Australia subsidiary) while retaining a 10% free carried interest, partnering with The Coring Company on a C$3 million joint venture covering seven projects, and signing a strategic agreement with Turkish mining company Tümad committing to 12,000m of diamond drilling in 2026. The Treschow-Fritzøe collaboration covers 58.4 sq. km across four REE-phosphate-iron-titanium projects with Teako appointed as preferred exploration services provider for 36 months. Teako's shares trade on the Canadian Securities Exchange (CSE: TMIN), Frankfurt Stock Exchange (FSE: O8U), and OTC Pink Open Market (OTCPK: TMINF), with over 80% of shares reported held in strong hands including Fruchtexpress Grabher GmbH & Co KG as largest shareholder, the Holte Family Office at >15%, and substantial insider participation across financing rounds.

Name

Teako Minerals

Legal name

Teako Minerals Corp.

Website

https://teakominerals.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Teako Minerals is a pre-revenue junior mineral exploration company operating a 4,092 sq. km Project Hub in Norway, focused on copper-cobalt-zinc VMS and critical minerals at its Løkken, Venna, and Tynset projects, listed on CSE (TMIN), FSE (O8U), and OTC Pink (TMINF).

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Copper, Nickel, Lead, and Zinc Mining (21223)

SIC

Metal Mining (1000), Gold And Silver Ores (1040)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Mineral exploration services
• Copper cobalt zinc exploration
• Junior mining exploration
• Norwegian critical minerals
• VMS project exploration

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Equity Financing: Pre-revenue exploration stage company financing its operations through non-brokered private placements of common shares. Multiple financing rounds completed including oversubscribed placements. Proceeds used for exploration activities and working capital.
2. Project Sales and Joint Ventures: Teako retains economic interests (e.g., 10% free carried interest) in projects sold to partners like Nordic Minerals AS and Treschow-Fritzøe. Generates payments upon resource milestones and retains upside exposure to exploration success.
3. Exploration Services: Appointed as preferred provider of exploration services for partners (e.g., Fritzøe Skoger AS for 36 months), creating potential revenue streams.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Teako Minerals is a junior mineral exploration company that acquires, explores, and advances mineral properties primarily in Norway, targeting base metals (copper, cobalt, zinc), precious metals (gold, silver), critical minerals (uranium, REE, antimony, molybdenum, tungsten, PGE). Its core assets include the Løkken, Venna, and Tynset copper-cobalt-zinc VMS projects in central Norway. The company finances activities through equity issuances and disposes of non-core assets through joint ventures or sales while retaining carried or royalty interests.

Product overview

Teako Minerals is a mineral exploration company operating a portfolio of projects primarily focused on base and critical metals in Norway. The company's core offering centers on its Norwegian Project Hub strategy, which includes three flagship projects: the Løkken and Venna copper-cobalt-zinc VMS projects (covering 647 sq. km in central Norway) and the Tynset copper-zinc-silver project (88 sq. km). These are supported by a broader portfolio of uranium, precious metals, and rare earth projects across Norway totaling 4,092 sq. km. The company also maintains secondary projects in British Columbia, Canada (Yellow Moose gold, BQ gold, and Teako porphyry projects), though operations are paused there to concentrate on Norway. The Project Hub functions as both a strategic platform for identifying and advancing exploration targets and a mechanism for partnering or divesting non-core assets while retaining economic interests.

Differentiator

Problem solved

Functional benefit

Products and services

• Løkken Project High-grade copper-cobalt-zinc volcanogenic massive sulfide (VMS) exploration project in central Norway covering 405 sq. km. (291 sq. km 100% Teako-owned and 114 sq. km 90% Teako-owned, 10% Capella Minerals), surrounding the historic Løkken copper-zinc mine.
• Venna Project Copper-cobalt-zinc VMS exploration project in central Norway covering 292 sq. km., extending prospective stratigraphy northeast of Løkken, with identified high-priority VMS targets including Nævra, Heingruva, and Storslåten.
• Tynset Project 100%-owned copper-zinc-silver VMS exploration project in central Norway's Tynset municipality covering 88 sq. km., with approximately 19 km of prospective strike length along the bimodal Hersjø Volcanic belt.
• Yellow Moose Project Advanced-stage epithermal gold exploration project in British Columbia, Canada measuring 105 sq. km. with a greater than 15 km gold trend and permitted drill-ready targets; operations currently paused.
• BQ Project Gold exploration property in north-central British Columbia, Canada covering 817 hectares, focused on sediment-hosted gold mineralization; operations currently paused.
• Teako Project Porphyry hydrothermal system and precious/base metals vein project in northwestern British Columbia, Canada covering porphyry-style molybdenum-gold-copper-silver mineralization; operations currently paused.
• Norway Uranium Projects Four uranium exploration projects in northern Norway where the 2025 field program confirmed high-grade uranium mineralization up to 7,114 ppm at the Svarthola project, targeting uranium and related critical minerals.
• Norwegian Project Hub Strategic staking platform securing prospective exploration ground in Norway with first-mover advantage. Covers an extensive land package prospective for copper, cobalt, zinc, gold, silver, PGE, uranium, antimony, molybdenum, tungsten, and REE. Acts as an internal incubator for advancing core assets while enabling partnership or divestiture of non-core assets to retain economic exposure.

Quantifiable outcome

• 72% of shares held by insiders/strong shareholders not for sale
• +2 more outcomes

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Trion Communications GmbHminorGTM or Marketing Partner · 24 April 2026Engaged to facilitate institutional roadshow in Germany as well as related administrative and communication support.
• Tümad (Turkish mining company)coreStrategic or Co-development Partner · 24 March 2026Strategic partnership and joint venture with Turkish mining company Tümad. Tümad holds a 12,000m diamond drilling commitment for 2026 on Capella's Finnish and Norwegian project portfolio. Part of broader regional exploration strategy.
• We Are Outliers Ltd.minorGTM or Marketing Partner · 12 February 2026Branding and marketing agreement for £25,000 in cash covering website redevelopment, multimedia production in Norway, and investor outreach across network of over 10,000 retail investors.
• Nordic Minerals AS / United Minerals Australia Pty LtdcoreStrategic or Co-development Partner · 5 January 2026Teako sold 90% interest in five copper, zinc, gold and silver projects to Nordic Minerals AS (wholly owned subsidiary of United Minerals Australia Pty Ltd). Teako retains 10% free carried interest. Includes work commitments of C$700,000 in first 24 months and target of C$5 million over 5 years, plus milestone payments upon achieving 10M tonne JORC resource.
• Treschow-Fritzøe AS / Fritzøe Skoger ASminorStrategic or Co-development Partner · 3 July 2025Strategic collaboration involving sale of four exploration projects (9 licenses, 58.4 km2) near Fensfeltet prospective for REE, phosphate, iron, and titanium. Teako retains 10% economic interest in future sale proceeds. Teako appointed as preferred exploration services provider for 36 months.
• Capella Minerals Ltd.coreStrategic or Co-development Partner · 29 August 2024Joint venture partner on Løkken project (90% Teako, 10% Capella) and broader Norwegian/Finnish project portfolio. Capella holds 10% interest in Løkken mine area and 5 drill targets.
• The Coring Company AScoreStrategic or Co-development Partner · 19 June 2024C$3,000,000 joint venture on 7 projects providing access to unique and game-changing exploration technologies including new drill technologies. Teako holds equity stake in The Coring Company through share exchange.
• United Minerals Australia Pty LtdcoreStrategic or Co-development PartnerParent company of Nordic Minerals AS. Partner on five Norwegian copper, zinc, gold and silver projects with C$5 million exploration expenditure target over 5 years.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Anglo American plc: Global mining major with Scandinavian copper and base metals exposure (including Sakatti Ni-Cu-PGE in Finland). Provides strategic context for European critical minerals demand that could benefit Teako's exploration success.
• Mandalay Resources Corporation: Mid-tier gold and base metals producer with assets including the Björkdal gold mine in Sweden. Provides a comparison point for the Scandinavian mining ecosystem at a production-stage scale well beyond Teako.
• Boliden AB: Major Nordic mining and smelting company operating zinc, copper, lead, and nickel mines across Sweden, Finland, Norway, and Ireland. Represents the large-scale incumbent that Teako could potentially feed via discoveries in the Norwegian VMS belt.
• EMX Royalty Corp: Established royalty and mineral rights company with exposure to Nordic projects (Geologist Hendrik Ebel previously worked at EMX). EMX offers a public-market proxy for Teako's partnered-asset exposure model and is significantly larger and more diversified.
• Sandstorm Gold Royalties Ltd: Major precious metals royalty company that acquired Mariana Resources (led by Teako director Eric Roth). Comparable to Teako's royalty/free-carried interest model at significantly larger scale and broader geographic reach.

Emerging players

• Vox Royalty Corp: Critical-minerals-focused royalty company with a portfolio of royalty interests in development and exploration assets. Comparable business model to Teako's free-carried JV economics at smaller scale and more commodity-diversified.

Direct peers

• Kuniko Ltd: ASX-listed junior explorer focused on copper-zinc VMS and orthomagmatic Ni-Cu-Co exploration in Norway—the most directly comparable peer to Teako given shared jurisdiction, commodity focus, and junior scale. Teako's geologist Harry Guest previously worked at Kuniko.
• Capella Minerals Ltd: TSXV-listed Nordic-focused mineral explorer holding a 10% interest in the Løkken mine area as Teako's JV partner. Capella shares Teako's Norwegian and Finnish exploration footprint and provides a near-direct operational comparison.
• Norden Crown Metals Corp: Junior explorer with assets in Scandinavia (Sweden, Finland) and Germany, focused on base and battery metals. Comparable in size, exploration stage, and Nordic regional focus to Teako Minerals.
• Element 29 Resources Inc: TSXV-listed copper-focused junior explorer with assets in Peru and Chile. Comparable in scale and pre-discovery stage to Teako, with similar capital markets profile and copper-focused commodity exposure.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/TeakoMinerals
• LinkedInlinkedin.com/company/teako-minerals

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds5 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teako Minerals