First Tellurium Announces Amendment to Terms of Non-Brokered Private Placement
FIRST TELLURIUM
CORP.
THIS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
First Tellurium Announces Amendment to Terms of Non-Brokered
Private Placement
Vancouver, BC, Canada, December 20, 2021 – First Tellurium Corp. (CSE: FTEL) (the “Company” or
“First Tellurium”), announces that, further to its news release dated December 16, 2021, it is amending
the terms of its non-brokered private placement (the “Offering”) such that it proposes to now offer up
to $175,000 through the sale of up to 500,000 units at a price of $0.35/unit. Each unit consists of one
common share and one common share purchase warrant exercisable at $0.45 per warrant share for a
period of two years from the date of issue of such warrants. The Company may pay a finder’s fee
consisting of cash to eligible finders as permitted under applicable securities laws and CSE policies.
Proceeds from this offering will be used for exploration programs on the Company’s Deer Horn
property.
About First Tellurium Corp.
First Tellurium’s unique business model is based on leveraging diverse partnerships to generate
revenue and value. Working with Indigenous peoples, NGOs, governments and industry, First Tellurium
explores for metals in British Columbia and helps indigenous communities grow and thrive through
various industrial, social and environmental ventures.
First Tellurium proudly adheres to and supports the principles and rights set out in the United Nations
Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free,
prior and informed consent. First Tellurium has been a vocal advocate of the BC Declaration on the
Rights of Indigenous Peoples Act since its introduction and passage in the British Columbia legislature in
November 2019. First Tellurium also supports federal Bill C-15, the United Nations Declaration on the
Rights of Indigenous Peoples Act.
On behalf of the board of directors of
First Tellurium Corp.
“Tyrone Docherty”
Tyrone Docherty
President and CEO
For further information please contact:
Tyrone Docherty
604.789.5653
Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of
this release.
Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, belie ves or anticipates will or may occur in the
future are forward -looking statements. These forward -looking statements involve numerous assumptions made by the Company based on its experience, perception
of historical trends, current conditions, expected future developments and other factors it believes are appropriate i n the circumstances. In addition, these statements
involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward- looking
statements will prove inaccurate, cer tain of which are beyond the Company’s control. Readers should not place undue reliance on forward- looking statements.
Essential Metals for a
Sustainable Future
CSE: FTEL
www.firsttellurium.com
Except as required by law, the Company does not intend to revise or update these forward- looking statements after the date hereof or re vise them to reflect the
occurrence of future unanticipated event.