Teako Announces Commencement of Preliminary Work on Partner-Funded Projects

Vancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that its partner, United Minerals Australia Pty Ltd ("United Minerals"), through its wholly owned subsidiary Nordic Minerals AS has commenced preliminary work at the National Drill Core Archive in Løkken, central Norway. The work includes historical drill core photography and logging, and is, among other objectives, intended to also support the planning of the initial work on the five (5) copper-zinc-silver-gold projects; Sivilvangen, Mykkelvika, Hellemyr, Klasberget, and Heimdalhaugen (the "Projects"). Teako holds a 10% free-carried ownership interest in the Projects through to final investment decision ("FID") (see Company press release dated January 5, 2026).

A part of the Company's in-house geological team was engaged to undertake the core photography and logging activities. The work is being performed on a fee for service basis, as part of the Company's broader portfolio strategy, which includes offering services on partner-funded projects without compromising the advancement of its main projects.

Sven Gollan, Chief Executive Officer of the Company, commented: "With United Minerals, an active and professional team has entered the Norwegian exploration and mining sector. Teako highly values this partnership and looks forward to supporting their ongoing activities and long-term development."

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 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.