Mr. Tyrone Docherty reports

FIRST TELLURIUM REPORTS EXERCISE OF ALL WARRANTS FROM OCTOBER 2023 FINANCING

All warrants from First Tellurium Corp.'s October, 2023, private placement financing have been exercised. The 1.89 million warrants, priced at 15 cents per share, generated $283,500. The company also reports that over 1.5 million options have been exercised since mid-September.

"We're pleased and excited to see this faith in the company's future," said First Tellurium president and chief executive officer Tyrone Docherty. "There is great interest in the thermoelectric technology being developed by our subsidiary, PyroDelta Energy, and I believe shareholders can see the potential for growth in the coming months and years."

Michael Abdelmaseh, PyroDelta's head engineer, noted: "We continue to field inquiries from and engage with a variety of industries that see the potential for saving energy and making operations more efficient. Our devices are being reviewed, tested and assessed, and I believe we are on the cusp of some major breakthroughs as these companies realize the value of PyroDelta's disruptive technology."

About First Tellurium Corp.

First Tellurium's unique business model is to generate revenue and value through mineral discovery, project development, project generation and development of tellurium-based technologies.

First Tellurium is listed on the Canadian Securities Exchange under the symbol FTEL and on the OTC (over-the-counter) exchange under the symbol FSTTF.

We seek Safe Harbor.