Tellurium Mining
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First Tellurium Reports Exercise of all Warrants from October 2023 Financing
Thenewswireยท 2025-11-04 12:30
Core Insights - First Tellurium Corp. has successfully exercised all warrants from its October 2023 Private Placement financing, totaling 1,890,000 warrants at a price of $0.15 per share, generating CDN$283,500 [1] - The company has seen over 1.5 million options exercised since mid-September, indicating strong shareholder confidence [1] - There is significant interest in the thermoelectric technology developed by the subsidiary PyroDelta Energy, suggesting potential for growth in the coming months and years [2] Company Overview - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and the development of tellurium-based technologies [3] - The company is listed on the Canadian Securities Exchange under the symbol "FTEL" and on the OTC under "FSTTF" [3] Technological Developments - PyroDelta Energy is actively engaging with various industries that recognize the potential for energy savings and operational efficiency through its technology [2] - The company is on the verge of major breakthroughs as its devices are being reviewed and tested by potential clients [2]