First Tellurium Corp C.FTEL

Alternate Symbol(s): FSTTF

Metals & Mining Industrial Metals & Minerals

First Tellurium Corp is engaged in exploring and developing tellurium projects in British Columbia and Colorado. The Company has interests in exploration and evaluation assets in British Columbia, Canada and Colorado, USA and its principal business is the exploration of those assets. It has a 50% interest in the Deer Horn Property, located in British Columbia. It also has an option to acquire the Colorado Klondike Property, located in south-central Colorado, USA. It also has a 49% equity interest in Cheona Metals Inc., whose focus in on underexplored mineral lands in northern British Columbia. Additionally, the Company has a 49% equity interest in Cheona Health Inc., focuses on helping Indigenous and other communities in Canada achieve better health and well-being. It also owns 75% of PyroDelta Energy Corp., which is focused on bringing thermoelectric generators to the automotive and emergency/recreational markets while exploring other applications with potential purchasers and users.

CSE:FTEL - Post by User

First Tellurium Corp

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Comment by Stoogeon Feb 16, 2011 10:24am

335 Views

Post# 18142534

RE: Odd, no?

Don't own any but I was watching it after it repeatedly popped up with insider selling.

I figure people, including insiders, are blowing off the five cent pp and warrants to participate in the current pp. A name change tends to obscure a company's past. Here is the pp release.

A report by INK Research shows insiders selling 1,417,500 shares over the last 60 days - obviously mostly in the last few days.

Golden Odyssey Mining Inc (C-GOE) - Private Placement

Golden Odyssey 14.06-million-unit private placement

2010-10-01 15:35 PT - Private Placement
Shares issued 59,325,787
GOE Close 2010-10-01 C$ 0.085

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 16, 2010, Aug. 27, 2010, Sept. 22, 2010, and Sept. 28, 2010.

Number of shares: 14.06 million units (Each unit consists of one common share and one common share purchase warrant.)

Purchase price: Five cents per unit

Warrants: 14.06 million share purchase warrants to purchase 14.06 million shares

Warrant exercise price: 10 cents for up to 24 months from date of issuance

Hidden placees: 29 hidden placees

Insiders: Tyrone Docherty, 100,000; Docherty Capital Corp. (Tyrone Docherty), 500,000; Pamela Lynch, 25,000

Pro group: Kevin Sands, 60,000

Finders' fees: $18,400 cash payable to Ryan Blue; $3,150 cash payable to Canaccord Ingenuity

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