First Tellurium Corp C.FTEL

Alternate Symbol(s): FSTTF

Metals & Mining Industrial Metals & Minerals

First Tellurium Corp is exploring and developing tellurium projects in British Columbia and Colorado. The Company’s business model is to generate revenue and value through mineral discovery, project development, project generation and development of tellurium-based technologies. It has interests in exploration and evaluation assets in British Columbia, Canada and Colorado, USA and its principal business is the exploration of those assets. The Company 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. The Company 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., whose focus helping Indigenous and other communities in Canada achieve better health and well-being.

CSE:FTEL - Post by User

First Tellurium Corp

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Post by StockHawk1on Nov 17, 2021 4:36pm

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Post# 34138053

$FTEL up almost 13% after PP closeing

First Tellurium Corp. ( $FTEL.C $GODYF ) is a mineral discovery, project development, and project generation company that has a focus on cooperative and sustainable exploitation of untapped minerals in Indigenous territory.

Today $FTEL announced the third tranche of a non-brokered private placement where $FTEL issued 3M units for gross proceeds of $240K.

These proceeds are great news for the company and all shareholders.

It was not announced how the company plans to use the proceeds but I am guessing that it may go to further development of their tellurium, gold, silver copper, and tungsten project at Deer Horn (BC, Canada) and/or their Klondike tellurium-gold property (Colorado).

https://www.globenewswire.com/news-release/2021/11/16/2335186/0/en/First-Tellurium-Announces-3rd-Tranche-Close-of-Private-Placement.html

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