Mr. Tyrone Docherty reports

FIRST TELLURIUM ANNOUNCES PRIVATE PLACEMENT 2ND TRANCHE CLOSING

First Tellurium Corp. has now completed a second tranche closing of its non-brokered private placement previously announced on Feb. 23, 2026, and increased on March 17, 2026. Under the second tranche, the company has issued 6,302,919 units for gross proceeds of $1,071,496.23. The company paid finders' fees of $52,724.81 in connection with the second tranche. All securities issued under the second tranche are subject to a hold period expiring July 26, 2026, in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Together with the first tranche closing announced March 17, 2026, the company has now raised a total of $1,920,228.88 from the sale of 11,295,464 units. The company expects that a final tranche closing relating to the remaining balance of units available for sale under this private placement will be completed on or before April 9, 2026.

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 under the symbol FSTTF.

We seek Safe Harbor.