First Tellurium Engages Corporate Communications Provider

Rhea-AI Summary

First Tellurium Corp. has signed a corporate consulting agreement with Dutchess Group LLC for corporate communications services, including public material dissemination and social media management. The engagement will span an initial three-month term at a rate of $15,000 per month, with a review for continuation thereafter. The company emphasizes its focus on responsible mineral exploration and collaboration with Indigenous peoples, aiming to develop its polymetallic assets like the Deer Horn Project in British Columbia and Klondike property in Colorado, while adhering to the United Nations Declaration on the Rights of Indigenous Peoples.

Positive

• Engagement with Dutchess Group for corporate communications may enhance public visibility.
• Focus on sustainable exploration aligns with current industry trends.
• Collaboration with Indigenous communities for responsible mineral exploration.

Negative

• Consulting fees total $45,000 over three months, affecting short-term financial outlay.

Vancouver, BC, Canada, Aug. 10, 2022 (GLOBE NEWSWIRE) -- First Tellurium Corp. (CSE: FTEL) (the “Company” or “First Tellurium”), announces it has entered into an agreement for engagement of corporate consulting services (the “Agreement”) with Dutchess Group LLC (“Dutchess”) to provide corporate communications services. Services will include dissemination of public company materials and social media management.

Under the terms of the Agreement, Dutchess will be engaged for an initial term of 3 months at a rate of $15,000 per month. Upon review following the initial three-month period, the Company and Dutchess will discuss continuance of the contract.

About First Tellurium Corp.
First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration.

Our polymetallic (tellurium, gold, silver copper, tungsten) Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships.

First Tellurium proudly adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent.

On behalf of the board of directors of First Tellurium Corp. “Tyrone Docherty”                         Tyrone Docherty President and CEO	For further information please contact: Tyrone Docherty 604.789.5653 tyrone@firsttellurium.com

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.

Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.

FAQ

What is the consulting agreement signed by First Tellurium Corp. on August 10, 2022?

First Tellurium Corp. signed a corporate consulting agreement with Dutchess Group LLC for communications services, set for an initial term of three months.

How much will First Tellurium Corp. pay Dutchess Group for consulting services?

First Tellurium Corp. will pay Dutchess Group $15,000 per month for their consulting services.

What are the goals of First Tellurium Corp. regarding mineral exploration?

First Tellurium Corp. aims to generate revenue through responsible mineral exploration and cooperation with Indigenous peoples.

What projects are mentioned in First Tellurium Corp.'s press release?

The Deer Horn Project in British Columbia and the Klondike tellurium-gold property in Colorado are highlighted.

How does First Tellurium Corp. support Indigenous rights?

The company adheres to the United Nations Declaration on the Rights of Indigenous Peoples, emphasizing free, prior, and informed consent in its operations.