Mr. Tyrone Docherty reports

FIRST TELLURIUM TO ACQUIRE ADDITIONAL INTEREST IN SUBSIDIARY PYRODELTA ENERGY

First Tellurium Corp. is acquiring an additional 8-per-cent interest in its subsidiary PyroDelta Energy Inc. from Michael Abdelmaseh, bringing First Tellurium's total ownership of PyroDelta to 83 per cent. Under the terms of the purchase agreement, First Tellurium will pay Mr. Abdelmaseh $240,000 (U.S.) for the additional shares.

"This purchase is part of a gentlemen's agreement we had with Michael when we made our original investment in PyroDelta," said First Tellurium president and chief executive officer Tyrone Docherty. "Michael, who is PyroDelta's only other shareholder, had agreed to sell an additional interest under these favourable terms. The increased ownership gives First Tellurium greater control and a stronger negotiating position as we engage with customers and investors. We are grateful for his support."

Mr. Docherty noted that various parties and technology companies continue to express interest in acquiring part of PyroDelta. "The stronger control position will provide better opportunities to monetize the thermoelectric technology and our investment in PyroDelta," said Mr. Docherty. "Ultimately, we believe it will help us provide better value for our shareholders."

About First Tellurium Corp.

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

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

We seek Safe Harbor.