The Company will also participate in the CSE’s landmark Responsible Investment Conference in June.
Vancouver, BC, Canada, June 1, 2023 – First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) (the “Company” or “First Tellurium”), reports that presentations at the Swiss Mining Institute’s Virtual Event, held May 24, 25 and 26, followed by the Metals Investor Forum in Vancouver on May 26 and 27, generated significant interest in the Company with broad support for First Tellurium’s business model and growth strategy. The Company is also one of three mining firms invited to present at the Canadian Stock Exchange’s (CSE) Summit on Responsible Investment in Kelowna, B.C., on June 27.
“I can only describe the response last week as phenomenal,” said First Tellurium President and CEO Tyrone Docherty. “We engaged with a number of high-level, international investors who voiced keen interest and willingness to support us as, both strategically and financially, as we move forward with our business plan.”
Docherty noted that much of the interest was focused on the growing demand for tellurium, aligned with the surge in clean power initiatives around the world. “The investment community is beginning to understand that companies with access to viable critical metals resources, especially in safe jurisdictions, will be in a strategic position to capitalize on the unstoppable growth in electric vehicles, clean, renewable energy and new technologies aimed at reducing greenhouse gases.”
The upcoming Summit on Responsible Investment presents health & wellness, cleantech, and mining companies focused on making a positive impact on the world through their innovative products, services and practices that promote sustainability, social justice, and corporate ethics.
“We were invited to the CSE conference because we are innovators in socially responsible investing for the junior mining space,” said Docherty. “Through our partnerships with Washington, DC-based RESOLVE and its Salmon Gold initiative, working with Tiffany and Apple, as well as the Initiative for Responsible Mining Assurance and supporting Cheona Metals’ exploration work with Indigenous communities, we are far ahead of the game in how mineral exploration must operate for the future.”
First Tellurium was one of 12 companies in total invited to present at the conference, which will be held at the Innovation Centre in downtown Kelowna.
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 Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia 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. First Tellurium is listed on the Canadian Stock Exchange under the symbol “FTEL” and on the OTC under the symbol “FSTTF”. Further information about FTEL and its projects can be found on www.firsttellurium.com.
On behalf of the board of directors of First Tellurium Corp.
President and CEO
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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.