Private placement funds will contribute to development of thermoelectric generator, while the flow-through share financing will be reduced by 2,000,000 shares. Vancouver, BC, Canada, October 28, 2024 -
First Tellurium Corp. announces that the Company is increasing the size of its recently-announced private placement financing from up to 14 million units to up to 15 million units at a price of $0.11 per Unit for gross proceeds of up to $1,650,000. Each Unit will consist of one common share and one-half of one warrant , exercisable for a period of two years at $0.15 per Warrant. The previously announced sale of up to 10,000,000 flow-through common shares at a price of $0.14 per flow-through will be reduced to up to 8,000,000 shares. Tyrone Docherty, First Tellurium's President ...