New Risk • May 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$2.1m). Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$39.4m market cap, or US$28.6m). Ankündigung • Apr 18
First Tellurium Corp. announced that it has received CAD 2.121229 million in funding On April 17, 2026, the First Tellurium Corp. closed the transaction. A director of the Company participated in the Third Tranche, purchasing 100,000 Units for CAD 17,000. No finder’s fees were paid in connection with the Third Tranche. Ankündigung • Feb 23
First Tellurium Corp. announced that it expects to receive CAD 1.7 million in funding First Tellurium Corp announced a non-brokered private placement to issue 10,000,000 units at an issue price of CAD 0.17 for the proceeds of CAD 1,700,000 on February 23, 2026. Each Unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at a price of CAD 0.24 for a period of two years following the close of the Offering. The Company may pay a finder’s fee consisting of cash, shares and/or warrants to eligible finders as permitted under applicable securities laws and CSE policies. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. It is anticipated that some insiders of the Company will participate in the Offering. Ankündigung • Dec 04
First Tellurium Corp. (CNSX:FTEL) agreed to acquire an additional 8% stake in PyroDelta Energy Corp from from Michael Abdelmaseh for $0.24 million. First Tellurium Corp. (CNSX:FTEL) agreed to acquire an additional 8% stake in PyroDelta Energy Corp from from Michael Abdelmaseh for $0.24 million on December 3, 2025. The transaction will bring First Tellurium’s total ownership of PyroDelta to 83%. New Risk • Nov 07
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$365k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Negative equity (-CA$365k). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (20% average weekly change). Market cap is less than US$100m (CA$22.8m market cap, or US$16.2m). New Risk • Sep 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.6m free cash flow). Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$11.5m market cap, or US$8.35m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Recent Insider Transactions • Sep 08
President recently bought CA$450k worth of stock On the 5th of September, Tyrone Docherty bought around 50k shares on-market at roughly CA$9.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tyrone has been a buyer over the last 12 months, purchasing a net total of CA$521k worth in shares. New Risk • May 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.3m (US$9.63m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.6m free cash flow). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.3m market cap, or US$9.63m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). New Risk • May 10
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.6m free cash flow). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (CA$15.0m market cap, or US$10.8m). Ankündigung • Mar 12
First Tellurium Corp., Annual General Meeting, May 09, 2025 First Tellurium Corp., Annual General Meeting, May 09, 2025. Ankündigung • Dec 24
First Tellurium Corp. announced that it has received CAD 2.872137 million in funding from Docherty Capital Corp On December 23, 2024. First Tellurium Corp. closed the transaction. it has issued 4,328,572 flow-through shares (the “FT Shares”) for gross proceeds of CAD 606,000.in its third tranche. The Company paid finders’ fees of $30,300 in connection with the third tranche closing to arm’s-length parties. New Risk • Dec 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.1m free cash flow). Negative equity (-CA$1.4m). Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (CA$14.4m market cap, or US$10.3m). Ankündigung • Nov 15
First Tellurium Corp. (CNSX:FTEL) completed the acquisition of 24% stake in PyroDelta Energy Corp from Michael Abdelmaseh. First Tellurium Corp. (CNSX:FTEL) agreed to acquire 24% stake in PyroDelta Energy Corp from Michael Abdelmaseh for $0.7 million on May 22, 2024. Upon the completion of the 24% acquisition, First Tellurium will own a total of 75% of PyroDelta Energy Corp.
First Tellurium Corp. (CNSX:FTEL) completed the acquisition of 24% stake in PyroDelta Energy Corp from Michael Abdelmaseh on November 14, 2024. Ankündigung • Nov 05
First Tellurium Corp., Annual General Meeting, Dec 31, 2024 First Tellurium Corp., Annual General Meeting, Dec 31, 2024. Ankündigung • Oct 18
First Tellurium Corp. and PyroDelta Energy Corp Announce Development of A Far More Powerful Emergency and Recreational Thermoelectric Generator First Tellurium Corp. and its subsidiary PyroDelta Energy, have reported a ten-fold increase in the power generated by its prototype emergency and recreational thermoelectric generator first announced on October 2, 2024. As a result of ongoing R&D, the original prototype, which generated 20 watts of power, can now generate 200 watts of power with only a slight increase in weight and size. PyroDelta has published a new video demonstrating the upgraded tellurium-based thermoelectric generator, highlighting its power, portability, light weight and effectiveness. In the video, PyroDelta Director of Engineering Michael Abdelmaseh provides a firsthand look at the generator as it charges a cell phone and LED lights using only a 100-gram (3.5-ounce) canister of butane. Abdelmaseh noted that larger canisters, such as the standard 16-ounce versions sold for camp stoves, lanterns and small barbecues, will power the generator for longer periods. The 200-watt version of the generator, weighing approximately four pounds (1.8 kilograms), is designed for easy use and transport and runs on widely available propane or butane canisters. Canister fuels offer the advantages of a very long shelf life (as opposed to gasoline and diesel), plus convenient, odor-free storage. The device contains no moving parts and runs silently. Docherty noted that he and Michael Abdelmaseh will present the latest device at the Top Shelf Partners Commodities Global Expo 2024 in Fort Lauderdale on October 21, 2024. Ankündigung • Jul 12
First Tellurium Corp. announced that it expects to receive CAD 2.5 million in funding First Tellurium Corp. announced a non-brokered private placement of up to 10,000,000 flow-through shares at a price of CAD 0.14 per unit for the gross proceeds of CAD 1,400,000 and up to 10,000,000 units at a price of CAD 0.11 per unit for the gross proceeds of CAD 1,100,000 for the total gross proceeds of CAD 2,500,000 on July 11, 2024. Each Unit will consist of one non-flow-through common share and one-half of one common share purchase warrant, each whole warrant exercisable at CAD 0.15 for a period of two years following the close of the offering. The company may pay a finder’s fee consisting of cash, shares and/or warrants to eligible finders as permitted under applicable securities laws and CSE policies. New Risk • Jul 02
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$110k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.5m free cash flow). Negative equity (-CA$110k). Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.63m market cap, or US$7.04m). Minor Risk Shareholders have been diluted in the past year (6.3% increase in shares outstanding). New Risk • Apr 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.26m market cap, or US$6.11m). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Significant insider selling over the past 3 months (CA$109k sold). New Risk • Feb 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.66m market cap, or US$6.43m). Minor Risks Shareholders have been diluted in the past year (8.5% increase in shares outstanding). Significant insider selling over the past 3 months (CA$105k sold). Ankündigung • Jan 30
First Tellurium Corp. Receives All Assay Results and Data from its 2023 Exploration Programs At the Deer Horn Polymetallic Property in West-Central British Columbia First Tellurium Corp. reported that it has received all assay results and data from the company's 2023 exploration programs at the Deer Horn polymetallic property in west-central British Columbia. Exploration concluded October 31, as per the 2023 permit. Technical Advisor and Qualified Person Dr. Lee Groat is currently compiling and interpreting the data, and the Company expects to publish results sometime in February 2024. The results will include assays and interpretation from the property-wide mapping and sampling program conducted during the summer, a program that encountered significant amounts of the porphyry indicator bornite and identified further copper-gold porphyry alteration. Dr. Groat's report will also include analysis of the Induced Polarization (IP) geophysical survey conducted in September and the limited drilling that was delayed until October. This program followed up on rock sampling, channel sampling and prospecting conducted in 2022, as well as the August mapping/sampling. Recent Insider Transactions • Jan 23
President recently sold CA$105k worth of stock On the 18th of January, Tyrone Docherty sold around 1m shares on-market at roughly CA$0.11 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Tyrone has been a net seller over the last 12 months, reducing personal holdings by CA$62k. Ankündigung • Jan 10
First Tellurium Corp. Appoints Frederick Jung to Board of Directors First Tellurium Corp. reported it has appointed Frederick Jung, CPA, CFA, to the Company's Board of Directors. Mr. Jung provides First Tellurium with 17 years of international finance experience and leadership for small to large publicly-listed companies across multiple industries. He currently serves as the CFO for Solar Flow-Through Funds, a solar energy and investment company which operates over 70 solar power generation projects in Ontario, where he managed and helped raise over $150 million in equity and debt financing. Mr. Jung began his career with KPMG, one of the Big Four international accounting firms. Ankündigung • Oct 31
First Tellurium Corp., Annual General Meeting, Dec 29, 2023 First Tellurium Corp., Annual General Meeting, Dec 29, 2023. New Risk • Oct 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.20m market cap, or US$5.95m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Ankündigung • Oct 20
First Tellurium Corp. Reports Completion of the First Prototype of an Improved, Tellurium-Based Thermoelectric Generator with Applications for Improving the Efficiency of Electric Vehicles, Solar Power Generation and Combination Engines First Tellurium Corp. reported completion of the first prototype of an improved, tellurium-based thermoelectric generator with applications for improving the efficiency of electric vehicles, solar power generation and combustion engines. The prototype, developed in the U.S. by First Tellurium's 51%-owned thermoelectric-focused research and development company (1406975 BC Ltd.), is being delivered to Vancouver and will undergo further testing in Canada. As reported April 12, 2023, First Tellurium holds a controlling interest in 1406975 BC Ltd., a thermoelectric technology-focused research, development and commercialization business. NewCo aims to explore new uses of tellurium and develop improved thermoelectric generators that could be used in the renewable energy and automotive industries. NewCo allows First Tellurium to focus on opportunities aligned with the Company's long-term strategy to accelerate vertical, innovation-driven growth and will position NewCo to take on research and development projects to unlock potential future value. Ankündigung • Sep 13
First Tellurium Corp. Launches September Drill Program and IP Survey At Deer Horn First Tellurium Corp. reported that its September drill program is scheduled to launch in the second half of September at the Company's Deer Horn property in west-central British Columbia. Drilling will focus on the Pond zone copper-gold porphyry target, where the objective is to intersect disseminated mineralization and help locate the main mineral zone in the subsurface. This information, combined with results from work over the past two years, would inform an expected much larger drill program in 2024. First Tellurium is also launching an Induced Polarization (IP) geophysical survey in September. The Company has engaged Dias Geophysical of Saskatoon, Saskatchewan to conduct the survey. The program will follow up on successful rock sampling, channel sampling and prospecting conducted in 2022, and mapping and rock sampling conducted in August 2023. This combined work has extended the copper-gold porphyry targets to five kilometers (3.1 miles) in length, which includes a possible 1.1-kilometer (0.7 miles) extension of the existing 2.4-kilometer (1.5 miles) gold-silver-tellurium vein system, which now extends a total of 3.5 kilometers (2.2 miles) within the overall porphyry target. Ankündigung • Sep 12
First Tellurium Corp. announced that it expects to receive CAD 1 million in funding from Docherty Capital Corp and other investor First Tellurium Corp. announced a non-brokered private placement to issue 5,000,000 flow-through shares at a price of CAD 0.12 per share for the gross proceeds of CAD 600,000 and 4,000,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 400,000; aggregate gross proceeds of CAD 1,000,000 on September 11, 2023. Each Unit will consist of one non-flow-through common share and one common share purchase warrant exercisable at a price of CAD 0.15 for a period of two years following the close of the offering. The transaction will include participation from Tyrone Docherty who have subscribed for 1,000,000 flow-through shares at an issue price of CAD 0.12 for the gross proceeds of CAD 120,000 and returning investor Docherty Capital Corp. The Company may pay a finder’s fee consisting of cash, shares and/or warrants to eligible finders as permitted under applicable securities laws and CSE policies. New Risk • Jul 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$12.1m market cap, or US$9.05m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Ankündigung • Feb 16
First Tellurium Corp. Reports Purchase of New Diamond Drill to Support Planned Drilling At the Company's Deer Horn Tellurium-Gold-Silver Project in West Central British Columbia First Tellurium Corp. reported purchase of a new diamond drill to support planned drilling at the Company's Deer Horn tellurium-gold-silver project in west central British Columbia. The drill, built by Canadian Recon Manufacturing of Maple Ridge, BC, was designed specifically for power and portability and is considered ideal for the needs at Deer Horn. The drill was purchased in a shares-only transaction from an Alaskan contractor that had never used it. The consideration totaled 2,000,000 First Tellurium shares at a deemed price of $0.235 per share. The shares issued in connection with this asset purchase are subject to a hold period expiring June 11, 2023, in accordance with applicable Canadian securities laws and the policies of the CSE. McLean added that Canadian Recon's drills are known for durability and dependability. They have operated on hundreds of projects for over 30 years in North and South America, Central America, and Africa. First Tellurium President and CEO Tyrone Docherty noted there are numerous advantages to purchasing a drill for the Deer Horn Project, including logistics and economics. First Tellurium plans to test new targets identified during the 2022 season, as well as pre-existing drill targets identified in the 2018 Preliminary Economic Assessment. Recent Insider Transactions • Feb 10
Independent Director recently sold CA$216k worth of stock On the 7th of February, Allen Schwabe sold around 55k shares on-market at roughly CA$3.93 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$371k more than they bought in the last 12 months. Board Change • Feb 07
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. 3 highly experienced directors. President, CEO & Director Tyrone Docherty is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • Jan 19
First Tellurium Corp. Plans Geophysical Survey At Deer Horn in 2023 First Tellurium Corp. reported the Company is finalizing plans to conduct induced polarization (IP) geophysics on the Deer Horn Project during the 2023 exploration season. The program is designed to help develop drill targets for a planned campaign this summer. Deer Horn is located in West-central BC, 36 km south of the Huckleberry Cu-Mo mine and 135 km southwest of the community of Burns Lake. The IP survey will follow up on successful rock sampling, channel sampling and prospecting conducted in 2022, which identified a possible 1.1-kilometer (0.7 miles) extension of the existing 2.4 kilometer (1.5 miles) gold-silver-tellurium vein system. This system may now extend a total of 3.5 kilometers (2.2 miles). Drill targets from the IP survey will augment additional drill targets, identified in the Deer Horn Preliminary Economic Assessment (PEA) as ‘…infill and tightly-spaced step-out diamond drilling focused both on upgrading and expanding the existing resource.’ The upcoming season at Deer Horn will also include a planned, property-wide soil sampling program led by First Tellurium QP and Advisor Dr. Lee Groat and a team of University of British Columbia grad students. Due to receding glaciers, a significant amount of ground is now open that has never been explored. Ankündigung • Jan 12
First Tellurium Corp. Appoints Dr. Paul Spry to its Advisory Board First Tellurium Corp. reported that Dr. Paul Spry, one of the authorities on tellurium, has joined the company's Advisory Board. Dr. Spry is a Professor of Economic Geology at Iowa State University's Department of Geological and Atmospheric Sciences. He is a widely recognized expert on the genesis of ore deposits and metamorphosed ore deposits around the world and has coauthored more than 110 refereed papers in international journals. He has also written three books. Dr. Spry earned his B.Sc. and M.Sc. degrees from the University of Adelaide, South Australia, and his doctorate at the University of Toronto in 1984. Ankündigung • Jan 05
First Tellurium Corp. announced that it has received CAD 2.906195 million in funding from Docherty Capital Corp On January 3, 2022, First Tellurium Corp. closed the transaction. The company issued 10,646,000 units for the gross proceeds of CAD 1,130,600 and 2,750,000 flow-through common shares for the gross proceeds of CAD 385,000 in the third and final tranche. All securities issued under this third tranche closing are subject to a hold period expiring April 30, 2023, in accordance with applicable securities laws and the policies of the CSE. Under the terms of the agreement, MARS will receive cash consideration of $144,000 over a period of twelve months and 500,000 incentive stock options, effective January 2023. Ankündigung • Jan 04
First Tellurium Corp. announced that it has received CAD 2.9062 million in funding from Docherty Capital Corp On January 3, 2022, First Tellurium Corp. closed the transaction. The company issued 10,646,000 units for the gross proceeds of CAD 1,130,600 and 2,750,000 flow-through common shares for the gross proceeds of CAD 385,000 in the third and final tranche. All securities issued under this third tranche closing are subject to a hold period expiring April 30, 2023, in accordance with applicable securities laws and the policies of the CSE. Under the terms of the agreement, MARS will receive cash consideration of $144,000 over a period of twelve months and 500,000 incentive stock options, effective January 2023. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Al Schwabe was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 05
First Tellurium Corp., Annual General Meeting, Dec 30, 2022 First Tellurium Corp., Annual General Meeting, Dec 30, 2022. Ankündigung • Nov 03
First Tellurium Corp. announced that it expects to receive CAD 1.4 million in funding First Tellurium Corp. announced a private placement of CAD 1.4 million on November 2, 2022. The transaction will include participation from Tyrone Docherty, Chief Executive Officer of the company. Ankündigung • Oct 27
First Tellurium Corp. Completes Soil Sampling Program At Klondike Project in Colorado First Tellurium Corp. reported that its US-based team of geologists has completed soil sampling at the Company's Klondike tellurium-gold project in south-central Colorado. Data and interpretations from this program willinform a Phase 1 drilling program at Klondike planned for 2023, helping to better formulate drillhole targeting and permitting drill sites. A total of 343 soil samples were collected over nine days on a grid measuring 1 kilometer x 1 kilometer, with variable sample spacing of 30 to 60 meters east-west and 60 meters north-south. The original grid plan and budget called for 550 samples. The number of samples needed to complete the program's goals was reduced by eliminating samples from areas of transported alluvial deposits, areas of excessively steep terrain with rock talus/scree and little or no soil and eliminating a few peripheral grid lines in areas of lower priority as determined by the geological team on site. All samples will be shipped to ALS Geochemistry for trace-level analysis of 51 elements, including tellurium and gold. Results are expected to be received by mid-to late December. A slide show from the soil sampling program can be viewed here on the First Tellurium website. Using this new soil geochemical data in concert with First Solar's previous rock-chip sampling, geology, and geophysics will help the team make better drillhole-targeting decisions before submitting the needed permitting application documents. Samples were collected by digging into the generally rocky soil to a depth where the soil changed color and organic matter decreased, usually between 15 and 35 cm. Soil from the deeper horizon was then sieved to -10 mesh (approx. 2 mm) until approximately 0.75 kg of material was collected and securely bagged. The team enjoyed dry and mild early fall weather, which helped keep the sample material generally dry and easy to screen. Ankündigung • Oct 20
First Tellurium Corp. Reports on Recent Channel Sampling At Deer Horn First Tellurium Corp. reports that channel and rock sampling conducted Oct 5-7 at the Company's Deer Horn Property in west-central British Columbia has confirmed the presence of porphyry mineralization while encountering new mineralization in areas not previously sampled. Channel samples were taken from the Pond and H-Spot porphyry targets. The samples compliment rock samples obtained from the North Pond porphyry target and other mineral showings in August and September. Information obtained from three sampling programs in 2022 supports the premise from the May 2018 Preliminary Economic Assessment that Deer Horn hosts at least one copper-gold-silver porphyry system. Ankündigung • Oct 17
First Tellurium Corp. announced that it expects to receive CAD 2.1 million in funding First Tellurium Corp. announces a non-brokered private placement of up to 10,000,000 flow-through shares for gross proceeds of CAD 1,400,000 and up to 7,000,000 units for gross proceeds of CAD 700,000; for aggregate gross proceeds of CAD 2,100,000 on October 16, 2022. Each unit will consist of one non-flow-through common share and one common share purchase warrant exercisable at CAD 0.15 per share for a period of two years following the close of the transaction. Ankündigung • Oct 14
First Tellurium Launches Soil Sampling Program At Klondike Project in Colorado First Tellurium Corp. reported it has launched a soil sampling program at its Klondike tellurium-gold project in Saguache County, south-central Colorado. This work is designed to provide further guidance for a subsequent diamond drilling program, as announced August 17, 2022. The sampling follows up on previous work conducted by First Solar Inc., when the property was being explored to supply tellurium for First Solar's cadmium-telluride solar panels. Due to the property's exceptional tellurium grades, Klondike was considered one of First Solar's top tellurium prospects worldwide. First Solar planned to use Klondike as a potential primary source of tellurium for manufacture of the company's cadmium-telluride (CdTe) solar panels. Ankündigung • Oct 07
First Tellurium Conducts Channel Sampling on Multiple Copper Targets At Deer Horn First Tellurium Corp. reports that channel sampling is underway at the Company's Deer Horn Property in west-central British Columbia, following up on rock sampling at the Pond and H Spot showings in August and September which encountered widespread porphyry-style mineralization (assays pending). The team will also conduct channel sampling on a third zone of porphyry-style mineralization northeast of the Pond and H Spot zones. This target was first identified in 2012 and never explored. In addition, a prominent quartz vein outcrop at least three meters wide, discovered in September, will be sampled and measured. The third porphyry-style showing of copper-gold mineralization occupies the northeast quadrant of Deer Horn's 51-square kilometer claim holdings, on a ridge crest 1.8 km northwest of Kenney Lake. Select grab samples from this showing in 2012 graded from 10 to 4,540 ppm Cu, from 0.07 to 7.72 ppm Ag and from <5 to 262 ppb Au. Channel sampling of the zone, led by Dr. Lee Groat of the University of British Columbia, will further investigate its porphyry potential. A key objective of the current sampling is to identify drill targets for this third zone. Ankündigung • Sep 22
First Tellurium Corp. Plans October Drill Campaign to Investigate Copper Porphyry Target At Deer Horn Property First Tellurium Corp. reports that, further to the recently completed copper porphyry investigation at the Company’s Deer Horn Property in west-central British Columbia, a follow-up drill campaign is planned for mid-October at the Pond copper porphyry target. The Pond is one of three porphyry-style showings discovered at Deer Horn in 2012. Dr. Lee Groat of the University of British Columbia, who led the August investigation, will direct the upcoming, small-scale drill campaign at Deer Horn. The August investigation followed up on copper showings discovered at Deer Horn in 2012. First Tellurium’s latest PEA noted that these showings were indicative of a copper porphyry system hidden from previous explorers due to glaciation. The Deer Horn Property, located 36 km south of Imperial Metals’ Huckleberry Cu-Mo mine and Surge Copper’s Ootsa-Berg Project, is a polymetallic asset covering 51 square-kilometers. In addition to copper, tellurium, silver and gold, Deer Horn hosts other mineralized targets and zones containing tungsten, bismuth, lead, zinc and molybdenum. Ankündigung • Sep 02
First Tellurium Corp. Announces Investigation of Potential Copper Porphyry Systems Now Underway At First Tellurium's Deer Horn Property First Tellurium Corp. announced that the work is now underway to investigate potential copper porphyry systems at the Company’s Deer Horn Project in west-central British Columbia. The program, led by Dr. Lee Groat of the University of British Columbia, is following up on three copper showings first discovered at Deer Horn in 2012. The Company’s latest PEA noted that these showings were indicative of a copper porphyry system hidden from previous explorers due to glaciation. Two of the showings are located about one kilometer west-northwest of the known Te-Ag-Au resource and are indicative of bulk tonnage, porphyry style copper-silver mineralization and associated alteration. Full extent of either showing is unknown and open. A third copper target is situated northeast of the resource along ridge crests above Kenney Lake, spanning approximately four kilometers from the original showings. Prospecting includes the use of a portable spectrometer, which can greatly enhance identification and measurement of mineral systems. Ankündigung • Aug 26
First Tellurium Secures Drilling Team for Exploration in Colorado and British Columbia First Tellurium Corp. reports that it has secured Canadian Remote Drilling Services ("CRDS") of Maple Ridge, BC and Las Vegas, Nevada to conduct exploration drill campaigns at both the Klondike tellurium-gold project in Colorado and the Deer Horn tellurium-gold-silver project in British Columbia. FTEL's immediate focus is at the Deer Horn Project, while the Klondike campaign is expected to launch later this year. Ankündigung • Aug 24
First Tellurium Mobilizes Crew for Copper Porphyry Exploration At Deer Horn Property First Tellurium Corp. reports that a work crew is mobilizing for further investigation of potential copper porphyry systems at the Deer Horn Project in west-central British Columbia. Deer Horn is located 36 kilometers south of Imperial Metals’ Huckleberry open pit copper mine and Surge Copper’s Ootsa-Berg project. The program, expected to begin before Labor Day, is led by Dr. Lee Groat of the University of British Columbia. Dr. Groat is a Professor at UBC’s Dept. of Earth and Ocean Sciences and a former NATO Postdoctoral Fellow at Cambridge University. The May 2018 PEA noted that bulk-tonnage, porphyry-style copper-silver mineralization and associated alteration was discovered north of the Deer Horn adit. Another new area of anomalous copper-gold mineralization was discovered along ridge crests northwest of Kenney Lake. The extent of both discoveries remains open and unknown at this time. The copper showings are located about one kilometer west-northwest of the known Te-Ag-Au resource zone and also northeast of the resource. Prospecting of these showings will include use of portable spectrometer, which can greatly enhance identification and measurement of mineral systems. The area around the Huckleberry Mine and Surge Copper’s Ootsa-Berg project is being recognized as one of the province’s most exciting emerging copper districts with significant untapped exploration potential. Recent discoveries by Surge Copper have added to interest in the region. Ankündigung • Aug 18
First Tellurium Corp. Finalizes Upcoming Work Programs in British Columbia and Colorado First Tellurium Corp. reported that the Company is finalizing upcoming work programs for both its Deer Horn Project in British Columbia and Klondike Project in Colorado. Exploration will focus initially on the Deer Horn Property, with work expected to begin in September. Deer Horn’s May 2018 Preliminary Economic Assessment noted that copper showings there may be evidence of a largely hidden porphyry copper systems. Samples collected from this zone produced results as high as 4240 ppm Cu and 6.6 g/t Ag. This new copper porphyry potential adds further exploration value to the property. The copper showings are located about one kilometer west-northwest of the known Te-Ag-Au resource zone and also northeast of the resource. In Colorado, First Tellurium’s exploration at the Klondike Project will focus on drilling the property’s significant tellurium potential. Surface sampling by First Solar Inc. in 2006 found very high tellurium grades of up to 3.3% (33,000 ppm) at Klondike, along with locally high gold grades. Tellurium grades at Klondike were the higher encountered in the company’s nationwide exploration program. Ankündigung • Jun 09
First Tellurium Corp. Reports that Rio Tinto Kennecott has Begun Processing Tellurium at its Bingham Canyon Copper Mine Near Salt Lake City, Utah First Tellurium Corp. reported that Rio Tinto Kennecott has begun processing tellurium at its Bingham Canyon Copper Mine near Salt Lake City, Utah. As a result, Kennecott is now one of only two U.S. producers of tellurium. The recently-completed, $2.9 million recovery circuit will produce approximately 20 tons of tellurium annually, or about 4% of global annual production estimated at 580 tonnes. The Deer Horn Project, located south of Smithers, holds one of the world’s few 43-101-compliant resources of tellurium. The Klondike Project was held originally by First Solar, one of the world’s largest solar panel manufacturers, as a potential primary tellurium source for its cadmium-telluride (CdTe) solar panels. Kennecott reported that the recovered tellurium will be refined in North America by 5N Plus. The refined tellurium will be supplied to Arizona-based First Solar Inc., the lone American company amongst the world’s ten largest solar panel firms. Advanced thin-film, cadmium telluride (CdTe) photovoltaic are highly efficient, rapidly manufactured and lower-cost when compared with conventional silicon-based panels. A recent article by S&P Global Intelligence noted that First Solar's plan to spend $1.36 billion to increase module capacity to 16 GW by 2024 seems certain to strain the tellurium market. If First Solar achieves its goals, its annual demand for the mineral will exceed last year's estimated global tellurium production by up to 70%, according to researchers at the Institute of Environmental Science and Technology at the Autonomous University of Barcelona. Ankündigung • Jun 02
First Tellurium Corp. Reports Historical Data Provides Eight New Porphyry Targets at First Tellurium’s Deer Horn Property First Tellurium Corp. reported that ongoing reviews of historical data from the Company’s Deer Horn polymetallic project in west-central British Columbia have provided management with at least eight fresh targets for porphyry-type and other mineral deposit targets, while further enhancing the property’s porphyry potential. These targets are under consideration for the next round of exploration at Deer Horn. In April 2012, Precision GeoSurveys Inc. of Langley, British Columbia conducted an airborne and radiometric survey over the Deer Horn Property. The intent was to provide a regional context to complement the detailed geological and geophysical survey of the property where exploration has focused on the current NI 43-101 resource of tellurium, gold and silver. Interpretation and analysis of the survey was conducted by Geosci Data Analysis (Geosci). Based on this geophysical interpretation, the author recommended further exploration of these eight targets. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Al Schwabe was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 22
First Tellurium Corp. Reports Assays Confirm Presence of High-Grade Mineralization At the Klondike Project in Colorado First Tellurium Corp. reported that all assays have been received for seven surface samples collected and shipped recently from First Tellurium's Klondike Project in Saguache County, Colorado. All samples confirmed the presence of high-grade tellurium (> 1%, or 10,000 ppm) in two samples. Moderate to high-grade gold and silver, as well as locally strong but variable copper, lead, and zinc were also present. Table 1 below provides a summary of the assay results of the samples. Klondike is a high-grade tellurium prospect held previously by First Solar Inc., one of the world's large solar panel producers. Due to the property's tellurium grades, Klondike was considered one of First Solar's top tellurium prospects worldwide. Assay results from surface samples at the Klondike Project, Colorado. The new samples were collected within the previously identified core area of historic mining and strongly mineralized surface exposures, which is roughly 130 m x 90 m in size. This area is also within a geophysical anomaly identified in a 2010 IP conductivity-resistivity survey sponsored by First Solar and performed by Zonge Geophysics. The geophysical anomaly measures at least 650 m in length, 80-150 m in width, and is situated at a depth of between 45 and over 100 m below surface. The anomaly is elongated northwest-southeast, and open to the southeast. Confirming of sampling conducted previously by First Solar The purpose of this limited sampling program was to confirm the presence of potentially high grade tellurium and other metals that were indicated by previous substantial surface sampling at the property by First Solar from 2006 to 2011. Several samples collected over that time showed tellurium levels over 1%, including two samples from the area of an old ore loadout bin which assayed over 3% tellurium. First Solar never publicly reported details of any assay results or other exploration work, since neither mineral exploration nor mining was considered part of their core business. Work was performed at that time by experienced mineral exploration geologists according to accepted industry standards, but results were not published according to N.I. 43-101 reporting requirements for mineral exploration companies on Canadian stock exchanges. Samples were collected from historic mine dumps and one outcrop exposed in an old trench. A delay in assay results was caused by the need to run four of the seven samples using an overage method for Te, since the normal analysis technique had an upper reporting limit of 500 ppm. Recent Insider Transactions • Mar 05
President recently sold CA$58k worth of stock On the 24th of February, Tyrone Docherty sold around 282k shares on-market at roughly CA$0.20 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$83k. Tyrone has been a seller over the last 12 months, reducing personal holdings by CA$505k. Recent Insider Transactions • Feb 24
Chairman of the Board recently sold CA$59k worth of stock On the 18th of February, Josef Fogarassy sold around 205k shares on-market at roughly CA$0.29 per share. In the last 3 months, they made an even bigger sale worth CA$83k. Josef has been a seller over the last 12 months, reducing personal holdings by CA$239k. Recent Insider Transactions Derivative • Feb 20
Chairman of the Board exercised options to buy CA$293k worth of stock. On the 15th of February, Josef Fogarassy exercised options to buy 900k shares at a strike price of around CA$0.10, costing a total of CA$90k. This transaction amounted to 166% of their direct individual holding at the time of the trade. Since March 2021, Josef's direct individual holding has decreased from 802.10k shares to 639.18k. Company insiders have collectively sold CA$588k more than they bought, via options and on-market transactions in the last 12 months. Ankündigung • Feb 10
First Tellurium Initiates 2022 Exploration Program of Its Colorado Based Klondike Claim First Tellurium Corp. put boots on the ground to reconfirm previous assay results in preparation for its 2022 drill program. Tellurium (Te) is a very rare element that averages only . 3 parts per billion. Previous exploration on the property yielded tellurium grades of up to 3.3% (33,000 ppm), along with high gold and silver grades. The Colorado Geological Survey (CGS), in collaboration with the Colorado School of Mines, published reports on First Solar’s exploration at Klondike in the 2015 Colorado Mineral and Energy Industry Activities 2014 to 2015 publication. The Klondike property is situated in the San Juan Mountains in Colorado and was previously owned by First Solar Inc. First Solar is one of the biggest solar panel manufacturers in the world with a market cap of 9.4 billion Canadian. First Solar originally eyed the property as a potential primary tellurium source for its cadmium-telluride (CdTe) solar panels. The company then decided to leave exploration and mining to the experts and First Tellurium was able to acquire the claim. In late January 2022, Mr. Keller was on the property and took samples from various areas of the claim. They have been sent out for testing and the company expects those results within 6 to 8 weeks. In preparation of its drilling program, and based on the results of the various laboratory samples, the Company intends to implement the following: Produce an updated surface geology map of the claim. Create additional maps showing existing surface assays of tellurium, gold and silver. Illustrate cross section models to identify drilling targets, Prepare a detailed map of potential drill sites with proposed depths and angles. Begin the 2022 drill exploration program. Tellurium is a naturally occurring element found in the earth's crust, but is extremely rare. The use of tellurium (Te) in the past decade or more has been in the manufacture of thin-film photovoltaic solar panels. Tellurium, along with cadmium, is an essential component of the thin photovoltaic layer which generates the electricity from solar radiation. Increasingly used in thermoelectric devices, including solar panels. Tellurium is also used in vulcanization of rubber, percussion caps, battery plate protectors and electrical resistors. Ankündigung • Feb 03
First Tellurium Corp. Appoints Don Freschi to the Company's Advisory Board First Tellurium Corp. announced that Don Freschi, an expert in ultra-high purity metals and semiconductor development, has joined the company's advisory board. Don is the founder of Fenix Advanced Materials Inc., a world leader in ultra-high purity metals including tellurium. Don has always been a serial entrepreneur. In 1993, he co-founded a semiconductor company, Firebird Semiconductors, running it successfully until 2009. In 2009 he exited from a sale to 5N Plus Inc., a Montreal based developer and producer of high-purity metals. In 2015, Don with his previous business partner, founded Fenix Advanced Materials, a clean technology company specializing in the manufacture of ultra-high purity (UHP) metals. Don has always had an attraction to tellurium and its high conductive properties and has applied the element in the production of solar panels and semiconductors. Over the past several years he has turnedhis attention to tellurium battery technology and formed a collaboration with the University of British Columbia, Okanagan campus. After years of research, and having pledged a million dollars of capital, the next generation telluriumlithium-ion battery project has had great success. The collaboration recently announced on a Global News broadcast that they could be in commercial production within the year. The technology using tellurium could see a battery that lasts up to 4 times longer and holds more power than conventional lithium-ion batteries, a game changer. Recent Insider Transactions • Feb 03
Independent Director recently sold CA$50k worth of stock On the 28th of January, Allen Schwabe sold around 100k shares on-market at roughly CA$0.50 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$89k. Insiders have been net sellers, collectively disposing of CA$586k more than they bought in the last 12 months. Board Change • Feb 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Al Schwabe was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 31
First Tellurium Corp. announced that it has received CAD 0.14 million in funding On December 30, 2021, First Tellurium Corp. closed the transaction. The company has issued 400,000 units for gross proceeds of CAD 140,000 in the transaction. The transaction included participation from Tyrone Docherty, director and chief executive officer of the company through Docherty Capital Corp for 350,000 units for proceeds of CAD 122,500. The company did not pay any commission or finder's fee with respect to the transaction. All securities issued are subject to restriction period expiring on May 1, 2022. Board Change • Dec 31
High number of new directors Member of Advisory Board John Keller was the last director to join the board, commencing their role in 2021. Ankündigung • Dec 17
First Tellurium Corp. announced that it expects to receive CAD 0.15 million in funding First Tellurium Corp. announced a non-brokered private placement of up to 600,000 flow through units at a price of CAD 0.25 per unit for gross proceeds of up to CAD 150,000 on December 16, 2021. Each unit consists of one flow through common share and one share purchase warrant. Each warrant will entitle the holder to purchase a common share at a price of CAD 0.40 for a period of 2 years from closing. The company may pay finder's fee consisting of cash to eligible finders. Recent Insider Transactions • Nov 29
President recently sold CA$89k worth of stock On the 23rd of November, Tyrone Docherty sold around 318k shares on-market at roughly CA$0.28 per share. In the last 3 months, they made an even bigger sale worth CA$381k. Tyrone has been a seller over the last 12 months, reducing personal holdings by CA$468k. Ankündigung • Nov 27
First Tellurium Corp. announced that it has received CAD 1.804 million in funding On November 26, 2021, First Tellurium Corp. closed the transaction. The company issued 7,375,000 units for gross proceeds of CAD 590,000 in its final tranche. The company has raised a total of CAD 1,804,000 from the sale of 22,550,000 units. No commissions or finder’s fees were paid in connection with the final tranche closing. All securities issued under the final tranche closing are subject to a hold period expiring March 27, 2022. Recent Insider Transactions • Oct 27
President recently sold CA$381k worth of stock On the 21st of October, Tyrone Docherty sold around 4m shares on-market at roughly CA$0.10 per share. This was the largest sale by an insider in the last 3 months. Tyrone has been a seller over the last 12 months, reducing personal holdings by CA$378k. Ankündigung • Feb 20
Deer Horn Capital Inc. Reports Ford Motor Company's New Membership in Irma to Support Its $22B Electric Vehicle Commitment Deer Horn Capital Inc. reports that, further to its February 16, 2021 news release regarding staking of mineral claims on Indigenous lands and Deer Horn's membership with the Initiative for Responsible Mining Assurance (IRMA), Ford Motor Company has become the first American automaker to join IRMA alongside BMW and Mercedes-Benz. IRMA's world-leading responsible mining standard was formed to meet the global demand for more socially and environmentally responsible mining. In a recent news release, Ford stated that its IRMA membership represented an expansion of the company's commitment to safeguard human rights, communities where such work is done, and the broader environment. Ford has also committed to lead the electric vehicle and sustainable mobility revolution, nearly doubling to $22 billion what it will invest in developing electric vehicles and creating environmental solutions. To date, Deer Horn Capital is the only junior mining company to gain IRMA membership. Ankündigung • Feb 12
Deer Horn Capital Inc. Provides an Update on Plans for Exploring Its Deer Horn Property in West-Central British Columbia Deer Horn Capital Inc. has provided an update on plans for exploring its 51.3-square-kilometer Deer Horn property in west-central British Columbia. The Deer Horn property hosts an NI 43-101 resource of high-grade gold, silver and tellurium as well as known zones of copper and tungsten. Exploration to date at Deer Horn has outlined several key mineral zones across a 2.4-kilometer strike length that remain open for expansion in three directions. A 2018 Technical Report and Preliminary Economic Assessment (PEA), calculated on only 20% of the known mineralization, generated positive results for a small-scale, open-pit operation based on prices of $1,300 for gold, $17 for silver and $100 per kg for tellurium. Underlying much of the proposed work for 2021 is a five-year exploration permit, for which Deer Horn is awaiting provincial approval. The permit will be used for drilling and other exploration to expand the property's current NI 43-101 resource. Deer Horn also plans further exploration of copper mineralization identified in past prospecting west of the gold-silver-tellurium resource. The showings, which were revealed by a receding glacier, are indicative of a buried copper porphyry system. Sampling in this area produced results as high as 4240 ppm Cu and 6.6 g/t Ag, and the limits of the zone remain unknown. Docherty referenced the recent pledge by General Motors to make most of its vehicles electric by 2035. Electric vehicles currently contain about 180 pounds of copper, while hybrid vehicles contain approximately 85 pounds of copper. Ankündigung • Nov 14
Deer Horn Capital Inc., Annual General Meeting, Dec 31, 2020 Deer Horn Capital Inc., Annual General Meeting, Dec 31, 2020.