Mr. Tyrone Docherty reports

FIRST TELLURIUM INCREASES PRIVATE PLACEMENT FINANCING

First Tellurium Corp., due to strong interest, has increased its recently announced four-million-unit private placement financing with an additional one million units ($100,000), which also includes five million flow-through shares at 12 cents per share, for total proceeds of up to $1-million.

"I'm happy to see the support resulting from our 2023 exploration season at the Deer Horn property," said First Tellurium president and chief executive officer Tyrone Docherty. "We continue to learn more about the extent of the property's mineralization, and we expect further news from Deer Horn in the coming weeks."

About First Tellurium Corp.

First Tellurium's unique business model is to generate revenue and value through mineral discovery, project development, project generation and co-operative access to untapped mineral regions in indigenous territory with sustainable exploration.

The company's 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, non-government organizations, 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.

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