First Tellurium Applies for U.S Listing, Engages IR Consultants to Enhance U.S. Exposure

Rhea-AI Summary

First Tellurium has applied for its shares to trade on the OTCQB marketplace in the U.S., aiming to boost exposure and facilitate U.S. investor access. CEO Tyrone Docherty noted that the listing could open up a market ten times the size of Canada. The company is ramping up exploration at its Klondike tellurium property in Colorado and has hired investor relations consultants to enhance its public profile. The consulting agreement is set at $30,000 USD per month for an initial three-month period.

Positive

• Application for OTCQB listing to increase market exposure.
• Potential access to a U.S. market ten times larger than Canada.
• Engaged investor relations consultants to improve communications.

Negative

• None.

Vancouver, BC, Canada, June 13, 2022 (GLOBE NEWSWIRE) -- First Tellurium Corp. (CSE: FTEL) (the “Company” or “First Tellurium”), reports it has applied to have the Company’s shares trade on the OTCQB marketplace in the United States to enhance its exposure and trading within the U.S. equities market.

“We know there’s a lot of interest in First Tellurium’s shares in the United States,” said FTEL CEO Tyrone Docherty. “The OTCQB listing will give investors streamlined access to purchase our shares, and it will expose us to a market ten times the size of what we have currently in Canada.”

Docherty added, “As we ramp up exploration of our Klondike tellurium property in Colorado, there will be more interest from U.S investors. We are preparing for that and will be ready.”

To coincide with the added U.S. exposure, First Tellurium has engaged the services of investor relations consultants Grant Galloway and Christopher Biggin of San Diego, California (the “Consultants”). Mr. Galloway and Mr. Biggin will assist the Company in presenting its business plans, strategy and personnel to the financial community, creating the foundation for subsequent financial public relations efforts.

Under the Agreement, the Consultants will receive $30,000 USD per month for an initial period of three months. The Agreement may be terminated by either party canceling with 30 days’ notice.

The Consultants operate their business from offices at 2014 Chicago Street, San Diego, CA, 92110, (858) 869 1752.

About First Tellurium Corp.
First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration.

Our polymetallic (tellurium, gold, silver copper, tungsten) Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships.

First Tellurium proudly adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent.

On behalf of the board of directors of First Tellurium Corp. “Tyrone Docherty”                         Tyrone Docherty President and CEO	For further information please contact: Tyrone Docherty 604.789.5653 tyrone@firsttellurium.com

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.

Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.

FAQ

What is First Tellurium's recent development regarding its stock trading?

First Tellurium has applied to trade its shares on the OTCQB marketplace to enhance exposure to U.S. investors.

Who is the CEO of First Tellurium and what did he say about the OTC listing?

CEO Tyrone Docherty stated that the OTCQB listing will provide streamlined access for U.S. investors and potentially increase interest in the company.

How much is First Tellurium paying its investor relations consultants?

First Tellurium has agreed to pay its investor relations consultants $30,000 USD per month for an initial period of three months.

What property is First Tellurium exploring to increase investor interest?

First Tellurium is ramping up exploration at its Klondike tellurium property in Colorado.