First Tellurium Corp. , announces a non-brokered private placement to raise up to $1,600,000 through the sale of up to 20,000,000 units at a price of $0.08/unit. Each unit consists of one common share and one common share purchase warrant exercisable at $0.12 per warrant share for a period of two years following the close of the offering. The Company may pay a finder's fee consisting of cash, shares and/or warrants to [...]
Deer Horn Capital Inc. reports that it has changed its name to “First Tellurium Corp.” in order to better reflect the focus of its property interests. The Company’s common shares are expected to commence trading on the Canadian Securities Exchange under the new name “First Tellurium Corp.” on or about May 27, 2021, under the Company new symbol “FTEL”. A new CUSIP (33716L109) and ISIN (CA33716L1094) has been obtained to [...]
Deer Horn Capital Inc. reports that a new tellurium recovery plant under construction by Rio Tinto in Utah points to growing tellurium demand for solar panels and other applications such as next-generation lithium-tellurium (Li-Te) batteries. The new plant will be part of Rio Tinto’s Kennecott copper mine near Salt Lake City. A recent article in U.S. News & World Report notes that “Rio Tinto is diving into the growing [...]
Deer Horn Capital has provided further information on its acquisition of the Klondike tellurium-gold-silver property from Colorado Klondike LLC. The Klondike property is located in Colorado’s San Juan Mountains and was held previously by First Solar Inc., as a potential primary source of tellurium for the company’s cadmium-telluride (CdTe) solar panels. First Solar discontinued their tellurium development program in early [...]
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