Mr. Tyrone Docherty reports

FIRST TELLURIUM ANNOUNCES DEBT SETTLEMENT

First Tellurium Corp. has negotiated a debt settlement with an arm's-length creditor pursuant to which it will settle aggregate debt of $300,000 in consideration for which it will issue 1.5 million common shares at a deemed price of 20 cents per share. All shares issued in connection with this debt settlement will have a hold period expiring four months and one day after their date of issuance in accordance with the policies of the Canadian Securities Exchange and applicable securities laws.

About First Tellurium Corp.

First Tellurium's unique business model is to generate revenue and value through the development of tellurium-based technologies as well as mineral discovery, project development and project generation.

First Tellurium is listed on the Canadian Securities Exchange under the symbol FTEL and on the OTC under the symbol FSTTF.

We seek Safe Harbor.