TEAL is a mineral development and exploration company with development projects and exploration areas in Namibia, Zambia and the Democratic Republic of Congo (DRC). TEAL has a portfolio of high quality base and precious metal development projects and complementary exploration areas, and the Company continues to seek other opportunities, mainly in southern and central Africa.
TEAL has targeted specific projects for rapid development: the Konkola North Copper Project in Zambia; the Otjikoto Gold Project in Namibia; and the Kasonta-Lupoto Mines sprl (Kalumines) Copper- Cobalt Project in the DRC. TEAL has interests in various other mineral licence areas in Zambia and in Namibia on which the Company continues drilling and other exploration activities.
TEAL is incorporated under the laws of the Yukon Territory, Canada and its common shares are listed on the Toronto Stock Exchange (TSX) and the JSE Limited (JSE). The common shares of the Company trade under the symbol TL on the TSX and TEL on the JSE. TEAL filed a final prospectus dated November 4, 2005 and completed its initial public offering (IPO) and listing on the TSX on November 15, 2005. Its pre-listing statement was approved by the JSE on March 31, 2006, and the Company listed on the JSE on April 3, 2006.