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First Tellurium Corp. Raises $1.5 Million Funding

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First Tellurium Corp. Raises $1.5 Million Funding

First Tellurium Corp (TSE:FTEL) has released an update.

First Tellurium Corp. has successfully closed the first tranche of its non-brokered private placement, raising a total of $1.5 million through the issuance of flow-through shares and units. The funds will be directed towards exploration activities at the Deer Horn Project and the Colorado Klondike property, marking a significant step in the company’s strategic development. The participation of the company’s CEO in the offering underscores insider confidence in the venture.

For further insights into TSE:FTEL stock, check out TipRanks’ Stock Analysis page.

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