First Tellurium to Acquire Additional Interest in Subsidiary PyroDelta Energy

(TheNewswire)

Vancouver, BC, Canada, December 3,2025 – TheNewswire - First Tellurium Corp. (CSE: FTEL , OTC: FSTTF )reports that the Company is acquiring an additional 8% interest in itssubsidiary PyroDelta Energy Inc. from Michael Abdelmaseh, bringingFirst Tellurium’s total ownership of PyroDelta to 83%. Under theterms of the purchase agreement, First Tellurium will pay AbdelmasehUS$240,000 for the additional shares.

“This purchase is part of a ‘gentlemen’sagreement’ we had with Michael when we made our original investmentin PyroDelta,” said First Tellurium President and CEO TyroneDocherty. “Michael, who is PyroDelta’s only other shareholder, hadagreed to sell an additional interest under these favorable terms. Theincreased ownership gives First Tellurium greater control and astronger negotiating position as we engage with customers andinvestors. We are grateful for his support.”

Docherty noted that various parties and tech companiescontinue to express interest in acquiring part of PyroDelta. “Thestronger control position will provide better opportunities tomonetize the thermoelectric technology and our investment inPyroDelta,” said Docherty. “Ultimately, we believe it will help usprovide better value for our shareholders.”

About First Tellurium Corp.

First Tellurium’s unique business model is togenerate revenue and value through development of tellurium-basedtechnologies as well as mineral discovery, project development andproject generation.

First Tellurium is listed on the Canadian SecuritiesExchange under the symbol “FTEL” and on the OTC under the symbol“FSTTF”. Further information about FTEL and its projects can befound at www.firsttellurium.com .

Neither theCanadian Securities Exchange nor its regulations services acceptresponsibility for the adequacy or accuracy of this release.

Forward-lookinginformation

All statements included in thispress release that address activities, events or developments that theCompany expects, believes or anticipates will or may occur in thefuture are forward-looking statements.  These forward-lookingstatements involve numerous assumptions made by the Company based onits experience, perception of historical trends, current conditions,expected future developments and other factors it believes areappropriate in the circumstances. In addition, these statementsinvolve substantial known and unknown risks and uncertainties thatcontribute to the possibility that the predictions, forecasts,projections and other forward-looking statements will proveinaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-lookingstatements.  Except as required by law, the Company does not intendto revise or update these forward-looking statements after the datehereof or revise them to reflect the occurrence of futureunanticipated event.

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