FTEL:CC - First Tellurium Appoints Frederick Jung to Board

(TheNewswire)

Solar power and internationalfinance specialist provides crucial experience and perspective for theCompany.

Vancouver, BC, Canada – TheNewswire - January 10, 2024 –First Tellurium Corp. (CSE: FTEL ) ( OTC: FSTTF ), reports ithas appointed Frederick Jung, CPA, CFA, to the Company’s Board ofDirectors. Mr. Jung provides First Tellurium with 17 years ofinternational finance experience and leadership for small to largepublicly-listed companies across multiple industries. He currentlyserves as the CFO for Solar Flow-Through Funds, a solar energy andinvestment company which operates over 70 solar power generationprojects in Ontario, where he managed and helped raise over $150million in equity and debt financing. Mr. Jung began his career withKPMG, one of the “Big Four” international accounting firms.

“We’re very pleased to welcome Fred to theboard,” said First Tellurium President and CEO Tyrone Docherty.“His knowledge and experience within the solar sector will beessential as we move forward with our plans to provide tellurium forthe solar industry, one of our key target markets along with nextgeneration batteries and thermoelectric devices.”

The Company also reports completion of its AnnualGeneral Meeting held December 29, 2023, where all items voted uponreceived 98% approval.

“I greatly appreciate the support shown by ourshareholders,” said Docherty. “We’ve had an active andsuccessful year, and I look forward to delivering a lot more good newsto our shareholders in 2024.”

Stock Option Grant

The Company also announces that it has granted2,150,000 incentive stock options to a director of, and consultantsto, the Company, exercisable at a price of $0.10 per share for aperiod of 10 years.

About First Tellurium Corp.

First Tellurium’s unique business model is togenerate revenue and value through mineral discovery, projectdevelopment, project generation and cooperative access to untappedmineral regions in Indigenous territory with sustainableexploration.

Our Klondike tellurium-gold property in Colorado andpolymetallic Deer Horn Project in British Columbia anchor adiversified search for metals, working in alliance with Indigenouspeoples, NGOs, governments and leading metals buyers. This is thefuture of mineral exploration—generating revenue by exploringresponsibly and leveraging diverse partnerships.

First Tellurium proudly adheres to, and supports, theprinciples and rights set out in the United Nations Declaration on theRights of Indigenous Peoples and in particular the fundamentalproposition of free, prior and informed consent. First Tellurium islisted on the Canadian Stock Exchange under the symbol “FTEL” andon the OTC under the symbol “FSTTF”. Further information aboutFTEL and its projects can be found on www.firsttellurium.com .

Neither theCanadian Securities Exchange nor its regulations services acceptresponsibility for the adequacy or accuracy of this release.

Forward-lookinginformation

All statements included in thispress release that address activities, events or developments that theCompany expects, believes or anticipates will or may occur in thefuture are forward-looking statements.  These forward-lookingstatements involve numerous assumptions made by the Company based onits experience, perception of historical trends, current conditions,expected future developments and other factors it believes areappropriate in the circumstances. In addition, these statementsinvolve substantial known and unknown risks and uncertainties thatcontribute to the possibility that the predictions, forecasts,projections and other forward-looking statements will proveinaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-lookingstatements.  Except as required by law, the Company does not intendto revise or update these forward-looking statements after the datehereof or revise them to reflect the occurrence of futureunanticipated event.

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