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First Tellurium Announces Private Placement Fourth and Last Tranche Closure, Canadian Business Journal

This release is not intended for distribution to US news agencies or distribution in the United States.

Vancouver, British Columbia (GLOBE NEWSWIRE), November 26, 2021 — First Tellurium Corp. (CSE: FTEL) (“Company” or “First Tellurium”) is the fourth and final tranche (“First Tellurium”).4th tranche“) Non-mediated private placement (“RecruitmentIt was previously announced on October 4, 2021. Under the 4th tranche, we issued 7,375,000 units for a total revenue of $ 590,000. Together with the first tranche closing announced on October 15, 2021, the second tranche closing announced on November 2, 2021 and the third tranche closing announced on November 16, 2021. We have raised a total of $ 1,804,000 from the sale of 22,550,000 units.

No fees or finder fees were paid in connection with the closing of the 4th tranche.

All securities issued under this fourth and final tranche closing are subject to a holding period expiring March 27, 2022, in accordance with applicable securities law and CSE policy.

About First Tellurium Corp
First Tellurium’s unique business model is to generate revenue and value through cooperative access to undeveloped mineral areas of indigenous areas with mineral discovery, project development, project generation, and sustainable exploration. ..

British Columbia’s Multi-Metal (Teruru, Gold, Silver Copper, Tungsten) Deerhorn Project and Colorado’s Klondai Ktellu-Gold Assets Work with Indigenous Peoples, NGOs, Governments and Major Metal Buyers to Diversity of Metals Supports a wide range of searches. This is the future of mineral exploration. Generate revenue by responsibly exploring and leveraging diverse partnerships.

First Tellurium proudly adheres to and upholds the principles and rights set out in the UN Declaration on the Rights of Indigenous Peoples, especially the basic proposals for free and informed consent.

On behalf of the board of directors
First Tellurium Co., Ltd.

“Tyrone Docherty”
Tyrone Docherty
President and Chief Executive Officer

For more information, please contact:

Tyrone Docherty
604.789.5653
tyrone@firsttellurium.com

Neither the Canadian Stock Exchange nor its regulatory services are responsible for the validity or accuracy of this release.

Information about the future outlook
All statements contained in this press release that address activities, events, or developments that occur or may occur in the future are forward-looking statements. These forward-looking statements are based on our experience, perceptions of past trends, current conditions, expected future trends, and other factors we deem appropriate in response to the circumstances. Contains a number of assumptions made by. In addition, these statements contain substantive known and unknown risks and uncertainties that contribute to the possibility that forecasts, forecasts, forecasts, and other forward-looking statements may turn out to be inaccurate. Included, some of which are beyond our control. Readers should not place undue reliance on forward-looking statements. Except as required by law, we intend to revise or update these forward-looking statements after the date of this document or to reflect the occurrence of unforeseen future events. there is no.


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First Tellurium Announces Private Placement Fourth and Last Tranche Closure, Canadian Business Journal

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