First Tellurium Corp. Completes Second Tranche of Private Placement

Vancouver, BC — March 25, 2026 — Leads & Copy — First Tellurium Corp. has completed the second tranche closing of its non-brokered private placement, initially announced on February 23, 2026, and later increased on March 17, 2026.

Under this second tranche, the company issued 6,302,919 units, resulting in gross proceeds of $1,071,496.23. Finder’s fees of $52,724.81 were paid in connection with the second tranche. All securities issued are subject to a hold period expiring on July 26, 2026.

Combined with the first tranche closing announced on March 17, 2026, First Tellurium has now raised a total of $1,920,228.88 from the sale of 11,295,464 units.

The company anticipates a final tranche closing for the remaining units available under this private placement will be completed by April 9, 2026.

First Tellurium's business model focuses on generating revenue and value through mineral discovery, project development, and the development of tellurium-based technologies.

First Tellurium is listed on the Canadian Securities Exchange under the symbol “FTEL” and on the OTC under the symbol “FSTTF”.

“Tyrone Docherty”

Tyrone Docherty

President and CEO

X/Twitter:

https://twitter.com/TelluriumCorp

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

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.

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Source: First Tellurium Corp.