First Tellurium announces that it has closed the third and final tranche of a non-brokered private placement previously announced on Oct 28, 2024. Under the Third Tranche, the Company has issued 4,328,572 flow-through shares for gross proceeds of $606,000. Together with the first tranche closing announced October 23, 2024 for $1,831,637, the second tranche closing of announced Decr 9, 2024 for $452,500 and the third [...]
First Tellurium Corp. reports that USA Today has featured a story on First Tellurium subsidiary PyroDelta Energy and PyroDelta's new tellurium-based thermoelectric generator. The December 11 article, titled "How PyroDelta's Thermoelectric Technology Could Change Energy Independence," presents the generator as a possible solution to the challenges of power storage and efficiency. "Imagine a device that could produce power [...]
CSE: FTEL Vancouver, December 9, 2024 - First Tellurium Corp. , announces that it has closed the second tranche of a non-brokered private placement previously announced on October 28, 2024. Under the Second Tranche, the Company has issued 931,818 units for gross proceeds of $102,500 and 2,500,000 flow-through common shares for gross proceeds of $350,000. Each Unit consists of one common share and one common share purchase [...]
First Tellurium Corp. reports that Fenix Advanced Materials , a world leader in the supply of ultra-high purity metals, has signed a Letter of Intent with First Tellurium's 75% owned subsidiary PyroDelta Energy Corp to be the preferred supplier of tellurium and other critical metals for manufacture of PyroDelta's thermoelectric generators. As previously reported by First Tellurium, PyroDelta is developing thermoelectric [...]
First Tellurium Corp. reports that the Company's application to the U.S. Defense Industrial Base Consortium , first announced in July 2024, has been approved. The DIBC is a worldwide industrial complex that helps the Department of Defense access commercial solutions for defense requirements and innovations from industry, academia, and non-traditional contractors. Strategic and Critical Materials are considered essential [...]
First Tellurium Corp. reports the Company has submitted its final payment to Michael Abdelmaseh to acquire a 75% interest in First Tellurium's subsidiary PyroDelta Energy Corp. First Tellurium had committed in May, 2024 to acquire its interest from Mr. Abdelmaseh, PyroDelta's Chief Engineer and inventor of PyroDelta's next-generation, tellurium-based thermoelectric generator. More information about the device can be found [...]
Private placement funds will contribute to development of thermoelectric generator, while the flow-through share financing will be reduced by 2,000,000 shares. Vancouver, BC, Canada, October 28, 2024 - First Tellurium Corp. announces that the Company is increasing the size of its recently-announced private placement financing from up to 14 million units to up to 15 million units at a price of $0.11 per Unit for gross [...]
First Tellurium Corp. announces it has amended the number of units issued pursuant to the first tranche closing of a non-brokered private placement announced on October 15, 2024. The Company issued 9,223,970 units at a price of $0.11 per unit for gross proceeds of $1,014,637. Each Unit consists of one common share and one common share purchase warrant exercisable at $0.15 for a period of two years following the close of [...]
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 [...]
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 [...]
First Tellurium Corp. announces it has closed the first tranche of a non-brokered private placement previously announced on September 24, 2024. The Company has issued 5,707,143 flow-through shares at a price of $0.14 per share for gross proceeds of $799,000 and 6,345,991 units at a price of $0.11 per unit for gross proceeds of $698,600. Each Unit consists of one common share and one common share purchase warrant [...]
First Tellurium Corp. , reports that, further to its recent disclosures regarding the various PyroDelta thermoelectric generators under development, the Company has received inquiries about the materials involved in building the generators, as well as First Tellurium's related business strategy and PyroDelta Energy's relationship with First Tellurium. Following is further information to help answer those questions. The [...]
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