First Tellurium News Release - Closes Third and Final Tranche of PP, Hires IR Consultant and Grants Stock Options
THIS
First T
Vancouver,
or “First Tel
brokered pr
has issued 1
announced
$0.14 for pr
tranche clos
shares at a p
$9,656,000)
10,646,000
No commiss
All securitie
April 30, 202
All proceeds
associated w
working cap
IR Consulta
The Compan
investor rela
consideratio
January 202
Stock Optio
The Compan
consultants
periods for
Investor Rel
About First
First Telluriu
project deve
Indigenous
Our polyme
Klondike tel
with Indigen
exploration
RELEASE IS N
ellurium
Engag
BC, Canada,
lurium”) ann
rivate placem
1,250,000 uni
November 17
roceeds of $3
sing of annou
price of $0.14
) and the third
units and $38
sions or finde
s issued in co
23, in accorda
s received in
with the Com
pital purposes
nt
ny also annou
ations and ad
on of $144,00
23.
on Grant
nya l s o a n n ou
of the Comp
10 years at a
lations Inc.
Tellurium Co
um’s unique b
elopment, pr
territory with
etallic (telluriu
lluriumgold p
nous peoples
: generating r
NOT FOR DIST
DISSE
Closes Th
ges IR Co
January 3, 20
ounces it has
ent (the “Off
ts for gross p
7, 2022 for $
64,000 and 4
unced Decem
4 for proceed
d tranche clo
85,000 from t
ers fees were
onnection wit
ance with app
connection w
pany's Deer H
s.
unces the eng
dvisory service
00o v e r a p e ri
unces that it h
any. Stock o
price of $0.1
orp.
business mod
oject generat
h sustainable
um, gold, silve
property in Co
, NGOs, gove
revenue by ex
TRIBUTION TO
EMINATION I
hird and
nsultant
023 – First Te
s closed the th
fering”) previo
proceeds of $1
$404,000 (com
400,000 units
ber 20, 2022
s of $21,000
osing, the Com
the sale 2,750
paid in conne
th the Third T
plicable secur
with the Offer
Horn and Col
gagement of
es. Under th
iod of twelve
has granted 1
ptions will ve
4 per option
del is to gener
tion and coop
exploration.
er copper, tun
olorado anch
rnments and
xploring resp
O UNITED STA
IN THE UNITE
Final Tra
and Gran
ellurium Corp
hird and final
ously announ
125,000. Tog
mprised of 2,6
at $0.10 per
for $986,600
and 9,656,00
mpany has rai
0,000 flow th
ection with th
ranche closin
rities laws an
ring will be ut
orado Klondi
MARS Investo
e terms of th
months and
1,200,000 inc
est in accorda
share, includ
rate revenue
perative acce
ngsten) Deer
or a diversifie
leading meta
onsibly and le
ATES NEWSW
ED STATES
nche of P
nts Stock
. (CSE: FTEL, O
tranche (the
nced on Octob
gether with th
600,000 flow
unit for proc
0 (comprised o
00 units at $0.
sed a total of
rough shares
he Third Tran
ng are subject
d the policies
tilized for exp
ke properties
or Relations I
e agreement,
500,000 ince
entive stock o
nce with the
ing 500,000 s
and value th
ss to untappe
Horn Project
ed search for
als buyers. Th
everaging div
WIRE SERVICE
Private Pl
Options
OTC FSTTF) (t
"Third Tranc
ber 16, 2022.
he first tranch
through shar
eeds of $40,0
of 150,000 flo
.10 per unit fo
f $1,130,600
s.
che closing.
t to a hold pe
s of the CSE.
ploration and
s, as well as fo
nc. ("MARS")
, MARS will re
entive stock o
options to a d
policies of th
stock options
rough minera
edm i n e r a l r e
t in British Co
metals, work
his is the futu
verse partners
ES OR FOR
lacement
the “Compan
che") of a non
The Compan
he closing
res at a price
000), the seco
owthrough
or proceeds o
from the sale
riod expiring
other costs
or general
) to provide
eceive cash
ptions, effect
director and
e CSE at vary
issued to MA
al discovery,
gions in
lumbia and
king in allianc
re of mineral
ships.
t,
y”
n
ny
of
ond
of
e of
tive
ying
ARS
ce
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.
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 serv ices accept responsibility for the adequacy or accuracy of
this release.
Forwardlooking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the
future are forwardlooking statements. These forwardlooking 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 in 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 forwardlooking
statements will prove inaccurate, certain of which are beyond th e Company’s control. Readers should not place undue reliance o n forward looking statements.
Except as required by law, the Company does not intend to revise or update these forward looking statements after the date hereof or revise them to reflect the
occurrence of future unanticipated event.