Vancouver, BC, Canada, May 30, 2024–TheNewswire – First Tellurium Corp. (CSE:FTEL, OTC:FSTTF), reports it has reached a Memorandum of Understanding ("MOU") with Washington, DC-basedRESOLVE, Inc., a global non-governmental organization (NGO) focused on people and planet solutions, to secure up to approximately US$29 million (CDN$39.5 million) in funding for manufacturing and marketing as well as acquisition of high-purity tellurium, antimony and other critical metals for First Tellurium’s PyroDelta thermoelectric device (reported previously onMay 22,March 21andMarch 13).





"RESOLVE’s mission is to forge sustainable solutions to critical social, health, and environmental challenges by creating innovative partnerships," said First Tellurium’s President and CEO Tyrone Docherty. "This new venture aligns perfectly with that mission."





RESOLVE andPyroDelta Inc., in which First Tellurium currently holds a 75% interest, have formed a partnership called Tellurium Electric to bring the thermoelectric device to market. Under the MOU, RESOLVE will provide governance, administrative, and fundraising support through RESOLVE Enterprises, the organization’s incubator for start-up social enterprises, as well asRegeneration Inc., which re-mines and restores old mine tailings to extract minerals critical for the energy transition and the circular economy. Regeneration is backed by Rio Tinto, Apple, Caterpillar and other partners. A number of Regeneration’s first projects are expected to produce tellurium from copper tailings or as byproduct, which would be used for manufacturing of the PyroDelta device. Additional critical metals would be obtained on the open market.





"This is a huge step forward for us in developing new tellurium-based technologies," said Docherty. RESOLVE is a highly respected NGO, and they provide us with an established and powerful network of relevant policy, political and funding connections, including the US Government, world-leading mining companies and green investors, to help realize the potential of the PyroDelta device."





Manufacturing, marketing and sales of the device have been planned in three stages and funding segments over three years, the first of which is expected to launch near-term with an expected budget of US$1.05 million across approximately 18 months. Phases 2 and 3 are budgeted at US$3.0 million and US$15-25 million respectively.





"I believe the incubation and growth of Tellurium Electric is in the best hands possible," said Docherty. "RESOLVE and its associated partners have the skills, knowledge and networks we’ve been looking for. We will essentially be silent partners, letting RESOLVE do what they do best while we develop our own mineral projects."





Docherty added, "I want to acknowledge the generous support from our Strategic Partner Don Freschi and Fenix Advanced Materials of Trail BC, who donated several kilograms of high-purity tellurium and bismuth to launch the project."

Vancouver, BC, Canada, May 30, 2024–TheNewswire – First Tellurium Corp. (CSE:FTEL, OTC:FSTTF), reports it has reached a Memorandum of Understanding ("MOU") with Washington, DC-basedRESOLVE, Inc., a global non-governmental organization (NGO) focused on people and planet solutions, to secure up to approximately US$29 million (CDN$39.5 million) in funding for manufacturing and marketing as well as acquisition of high-purity tellurium, antimony and other critical metals for First Tellurium’s PyroDelta thermoelectric device (reported previously onMay 22,March 21andMarch 13).





"RESOLVE’s mission is to forge sustainable solutions to critical social, health, and environmental challenges by creating innovative partnerships," said First Tellurium’s President and CEO Tyrone Docherty. "This new venture aligns perfectly with that mission."





RESOLVE andPyroDelta Inc., in which First Tellurium currently holds a 75% interest, have formed a partnership called Tellurium Electric to bring the thermoelectric device to market. Under the MOU, RESOLVE will provide governance, administrative, and fundraising support through RESOLVE Enterprises, the organization’s incubator for start-up social enterprises, as well asRegeneration Inc., which re-mines and restores old mine tailings to extract minerals critical for the energy transition and the circular economy. Regeneration is backed by Rio Tinto, Apple, Caterpillar and other partners. A number of Regeneration’s first projects are expected to produce tellurium from copper tailings or as byproduct, which would be used for manufacturing of the PyroDelta device. Additional critical metals would be obtained on the open market.





"This is a huge step forward for us in developing new tellurium-based technologies," said Docherty. RESOLVE is a highly respected NGO, and they provide us with an established and powerful network of relevant policy, political and funding connections, including the US Government, world-leading mining companies and green investors, to help realize the potential of the PyroDelta device."





Manufacturing, marketing and sales of the device have been planned in three stages and funding segments over three years, the first of which is expected to launch near-term with an expected budget of US$1.05 million across approximately 18 months. Phases 2 and 3 are budgeted at US$3.0 million and US$15-25 million respectively.





"I believe the incubation and growth of Tellurium Electric is in the best hands possible," said Docherty. "RESOLVE and its associated partners have the skills, knowledge and networks we’ve been looking for. We will essentially be silent partners, letting RESOLVE do what they do best while we develop our own mineral projects."





Docherty added, "I want to acknowledge the generous support from our Strategic Partner Don Freschi and Fenix Advanced Materials of Trail BC, who donated several kilograms of high-purity tellurium and bismuth to launch the project."

Vancouver, BC, Canada, May 30, 2024–TheNewswire – First Tellurium Corp. (CSE:FTEL, OTC:FSTTF), reports it has reached a Memorandum of Understanding ("MOU") with Washington, DC-basedRESOLVE, Inc., a global non-governmental organization (NGO) focused on people and planet solutions, to secure up to approximately US$29 million (CDN$39.5 million) in funding for manufacturing and marketing as well as acquisition of high-purity tellurium, antimony and other critical metals for First Tellurium’s PyroDelta thermoelectric device (reported previously onMay 22,March 21andMarch 13).





"RESOLVE’s mission is to forge sustainable solutions to critical social, health, and environmental challenges by creating innovative partnerships," said First Tellurium’s President and CEO Tyrone Docherty. "This new venture aligns perfectly with that mission."





RESOLVE andPyroDelta Inc., in which First Tellurium currently holds a 75% interest, have formed a partnership called Tellurium Electric to bring the thermoelectric device to market. Under the MOU, RESOLVE will provide governance, administrative, and fundraising support through RESOLVE Enterprises, the organization’s incubator for start-up social enterprises, as well asRegeneration Inc., which re-mines and restores old mine tailings to extract minerals critical for the energy transition and the circular economy. Regeneration is backed by Rio Tinto, Apple, Caterpillar and other partners. A number of Regeneration’s first projects are expected to produce tellurium from copper tailings or as byproduct, which would be used for manufacturing of the PyroDelta device. Additional critical metals would be obtained on the open market.





"This is a huge step forward for us in developing new tellurium-based technologies," said Docherty. RESOLVE is a highly respected NGO, and they provide us with an established and powerful network of relevant policy, political and funding connections, including the US Government, world-leading mining companies and green investors, to help realize the potential of the PyroDelta device."





Manufacturing, marketing and sales of the device have been planned in three stages and funding segments over three years, the first of which is expected to launch near-term with an expected budget of US$1.05 million across approximately 18 months. Phases 2 and 3 are budgeted at US$3.0 million and US$15-25 million respectively.





"I believe the incubation and growth of Tellurium Electric is in the best hands possible," said Docherty. "RESOLVE and its associated partners have the skills, knowledge and networks we’ve been looking for. We will essentially be silent partners, letting RESOLVE do what they do best while we develop our own mineral projects."





Docherty added, "I want to acknowledge the generous support from our Strategic Partner Don Freschi and Fenix Advanced Materials of Trail BC, who donated several kilograms of high-purity tellurium and bismuth to launch the project."

Vancouver, BC, Canada –TheNewswire -May 6, 2024– First Tellurium Corp. (CSE:FTEL, OTC:FSTTF), reports that the Company’s President and CEO Tyrone Docherty spoke to an enthusiastic audience at the Energy Transition Metals Summit in Washington DC on April 30th. The presentation focused on First Tellurium’s opportunities in critical metals mining as well as tellurium technologies related to solid-state lithium-tellurium batteries, solar energy and next-generation thermoelectric devices.



"This may have been the most important conference we’ve ever attended," said Docherty. "While our information about the Deer Horn and Klondike tellurium properties was well-received, the lithium-tellurium battery and tellurium-based thermoelectric device led to conversations with both the U.S. Department of Energy and Department of Defense. The U.S. is on a mission to develop domestic sources of critical metals and related technologies, and our story generated strong interest with representatives from both departments. We look forward to taking these discussions further."

http://firsttellurium.com/

First Tellurium Corp.

Tyrone Docherty’s presentation garners interest from high-level U.S. government representatives.

Vancouver, BC, Canada –TheNewswire -May 6, 2024– First Tellurium Corp. (CSE:FTEL, OTC:FSTTF), reports that the Company’s President and CEO Tyrone Docherty spoke to an enthusiastic audience at the Energy Transition Metals Summit in Washington DC on April 30th. The presentation focused on First Tellurium’s opportunities in critical metals mining as well as tellurium technologies related to solid-state lithium-tellurium batteries, solar energy and next-generation thermoelectric devices.



"This may have been the most important conference we’ve ever attended," said Docherty. "While our information about the Deer Horn and Klondike tellurium properties was well-received, the lithium-tellurium battery and tellurium-based thermoelectric device led to conversations with both the U.S. Department of Energy and Department of Defense. The U.S. is on a mission to develop domestic sources of critical metals and related technologies, and our story generated strong interest with representatives from both departments. We look forward to taking these discussions further."

Tyrone Docherty
President & CEO
Former President & CEO of Quinto Mining Inc., where with limited resources in a difficult market he raised more than $30 million and advanced a Quebec iron ore property to a viable project. Sold Quinto to Consolidated Thompson Iron Mines in June 2008 for a share value equal to $175M (starting from $4M). Consolidated Thompson eventually sold to Cliffs Resources for $4.9B. From 2012 to 2018, Tyrone was Director and Chairman of Mason Graphite Inc. Mr. Docherty has worked in the financial and minerals markets for over 30 years.

First Tellurium Corp. (CSE: FTEL, OTC: FSTTF), reports that Don Freschi of Fenix Advanced Materials, First Tellurium’s strategic partner for potential future tellurium extraction and purification, recently presented an update on development of Fenix’s solid-state, lithium-tellurium battery. Investors can view a video of Mr. Freschi’s video here.

Fenix is a producer of ultra-high purity metals, achieving purities of up to 99.99999% at its lab and plant in Trail, British Columbia. Metals produced by Fenix include tellurium, antimony, indium and cadmium.

Fenix continues to advance its lithium-tellurium (LiTe) solid-state battery (SSB) developed in partnership with UBC Okanagan (as reported March 2022 and Sep 2022). The Fenix SSB is expected to have a far higher charging capacity, much smaller size, and a battery life up to 400% that of lithium-ion batteries with no chance of catching fire.

“We had to make these batteries safe,” said Freschi in his presentation. “So we started playing around with tellurium, which started working well with a lithium anode. Then we focused on a tellurium-sulfur cathode because tellurium and lithium have the highest theoretical capacity for (electrical) storage. We’re making that system very safe.”

The number of lithium-ion battery-based fires is growing with enormous frequency worldwide. In Toronto, the number of lithium-ion battery fires nearly doubled in 2023, according to Toronto Fire Services. The Wall Street Journal reported on March 17, 2024 that In New York and other cities nationwide, fire departments are increasingly grappling with rapidly burning, toxic blazes ignited or exacerbated by lithium ion-batteries in everything from electric cars, bikes and scooters to cellphones, laptops, power tools and vape pens.

A recent apartment building fire in Harlem, New York that killed a young journalist was caused by a lithium-ion e-bike battery. The New York Times reported that it was the first death in New York City this year to be linked to the batteries, which were blamed for over 250 fires and 18 deaths in 2023.

“This is another key and developing part of the First Tellurium story,” said First Tellurium President and CEO Tyrone Docherty. “We are uniquely positioned amongst junior mining companies, not only because we are focused on tellurium, but also because we are becoming a tellurium-based technology company. In addition to the lithium-battery with Fenix, we are also bringing our tellurium-based thermoelectric generator to market and planning to supply tellurium to the solar industry.”

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 Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia 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’S NEW THERMOELECTRIC DEVICE DEMONSTRATED AT RECENT PRESENTATION
March 13, 2024
Tyrone Docherty
With robust applications for solar power, combustion engines, greenhouses and more, the device is described as a “game changer” by industry insider.

Vancouver, BC, Canada, March 13, 2024 – First Tellurium Corp. (CSE: FTEL, OTC: FSTTF), reports that investors can view a video of the Company’s recent presentation in Vancouver, which included a demonstration of the new tellurium-based thermoelectric generator developed by First Tellurium’s 51%-owned thermoelectric-focused research and development company PyroDelta Energy (“PyroDelta”). Patents for the device have been applied for in Canada and the United States.

The generator was presented to the gathering by PyroDelta co-founder Michael Abdelmaseh, who demonstrated how the device generated power from simple changes in temperature, producing energy from the heat of human skin as well as from ice. However, the generator’s primary and unique advantages come from its robust construction, low manufacturing costs, light weight and ability to withstand temperature extremes.

“Thermoelectric devices have been around for a very long time,” said Abdelmaseh. “However, none of them are suited for long-term, commercial applications that can tolerate high heat. This device can withstand temperatures of six hundred degrees Celsius.”

“This is a Game Changer”

Don Freschi, President and CEO of Fenix Advanced Materials, an industry expert who supplies metals for other thermoelectric devices, commented to the audience, “This is a game changer. I’ve never seen anything like this.”

Freschi noted that by using ultra high-purity tellurium, the device could achieve exceptional efficiencies. “Using lower purity metals, we could charge an iPhone with a tiny device,” said Freschi. “But going to high purity (99.99999 percent) tellurium, this device could power a few households.”

“The generator uses mainly tellurium,” said First Tellurium President and CEO Tyrone Docherty. “This is why Michael contacted us. He was previously in talks with a large, European luxury car manufacturer. However, believing that reliable supplies of high-purity tellurium would be key, Abdelmaseh approached First Tellurium to partner for device manufacturing.”

Production-Ready

Abdelmaseh reported that the device is ready to enter production mode. “We are done with the research and development,” said Abdelmaseh. “We have the data that shows the efficiency, and we are ready to produce it.”

As Abdelmaseh explained, PyroDelta has applied for patents on two configurations. One increases the efficiency of solar panels. The other can replace radiators and alternators in internal combustion engines, making them far more efficient and saving fuel.

Solar Panels Far More Efficient and Deployable

For solar applications, the thermoelectric device can expand the range of locations for solar power deployment, especially for sites with low sunlight and long nights. “When solar is combined with thermoelectric, you can cut down drastically the amount of battery storage required,” said Abdelmaseh.

Automobile Alternators Could Become Obsolete

In automotive applications, the device in a pipe form requires a simple retrofit to internal combustion engines without retooling assembly lines. “If you introduce anything disruptive to an existing production line that costs, say, two hundred million dollars,” said Abdelmaseh, “it’s doomed to failure. Existing vehicles can use new thermoelectric radiators, and they will generate electricity just from the heat differential of the hot liquid going through the (thermoelectric pipe) radiator and the air cooling it from the outside.” PyroDelta is presently building a thermoelectric radiator with a 1-kilowatt capacity for vehicle retrofit.

Added Abdelmaseh, “This can make your alternator obsolete. You can use the energy that’s coming out of your radiator to power all your onboard accessories—your AC, your radio, everything. This will raise the efficiency of your vehicle.”

Making Combustion Engines Significantly More Efficient

Abdelmaseh noted that today’s combustion engines generate peak efficiency of about 30-35 percent from a gallon of gas. Replacing the radiator with the thermoelectric pipe device could theoretically add an additional 12 percent in efficiency. Conservatively, Abdelmaseh estimated the added energy would total at least six-to-eight percent.

According to the U.S. Energy Administration (EIA), Americans used about 134 billion gallons of gas in 2022. An eight-percent savings would amount to over 10 billion gallons per year.

Greenhouse, Commercial Properties and Industrial Waste

Abdelmaseh also identified greenhouses, commercial properties, industrial waste and manufacturing plants as potential markets for the thermoelectric device. “Any facility with waste heat can generate electricity and lower power costs,” he said, adding that the robust construction of the device makes it ideal for harsh environments with high extremes of heat and/or cold. “The more it can withstand extremes, the more efficient it becomes,” said Abdelmaseh.

PyroDelta estimates that deploying the device in greenhouses could provide energy savings of 30 percent.

Extending Drone Battery Life

Due to the device’s small size and low weight, another large potential market would be powering drones. According to Abdelmaseh, the device as drone range extender, weighing only 70 grams (2.5 ounces), could extend a drone’s range from 15 minutes to an hour. The increased battery life could open up vast new markets, including defense and a wide range of commercial uses.

Docherty noted, “The small size of this device, which in this case is only about 50 millimeters by 100 millimeters (approximately two inches by four inches), combined with its light weight, makes it ideal for the drone market. However, any market that could benefit from these advantages of size, weight and power generation becomes accessible to us.”

First Tellurium will provide additional information about the device and potential markets in upcoming news releases.

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 Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia 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. First Tellurium is listed on the Canadian Stock Exchange under the symbol “FTEL” and on the OTC under the symbol “FSTTF”. Further information about FTEL and its projects can be found on www.firsttellurium.com.

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
Twitter: @TelluriumCorp
www.firsttellurium.com

FIRST TELLURIUM’S NEW THERMOELECTRIC DEVICE DEMONSTRATED AT RECENT PRESENTATION
March 13, 2024
Tyrone Docherty
With robust applications for solar power, combustion engines, greenhouses and more, the device is described as a “game changer” by industry insider.

Vancouver, BC, Canada, March 13, 2024 – First Tellurium Corp. (CSE: FTEL, OTC: FSTTF), reports that investors can view a video of the Company’s recent presentation in Vancouver, which included a demonstration of the new tellurium-based thermoelectric generator developed by First Tellurium’s 51%-owned thermoelectric-focused research and development company PyroDelta Energy (“PyroDelta”). Patents for the device have been applied for in Canada and the United States.

The generator was presented to the gathering by PyroDelta co-founder Michael Abdelmaseh, who demonstrated how the device generated power from simple changes in temperature, producing energy from the heat of human skin as well as from ice. However, the generator’s primary and unique advantages come from its robust construction, low manufacturing costs, light weight and ability to withstand temperature extremes.

“Thermoelectric devices have been around for a very long time,” said Abdelmaseh. “However, none of them are suited for long-term, commercial applications that can tolerate high heat. This device can withstand temperatures of six hundred degrees Celsius.”

“This is a Game Changer”

Don Freschi, President and CEO of Fenix Advanced Materials, an industry expert who supplies metals for other thermoelectric devices, commented to the audience, “This is a game changer. I’ve never seen anything like this.”

Freschi noted that by using ultra high-purity tellurium, the device could achieve exceptional efficiencies. “Using lower purity metals, we could charge an iPhone with a tiny device,” said Freschi. “But going to high purity (99.99999 percent) tellurium, this device could power a few households.”

“The generator uses mainly tellurium,” said First Tellurium President and CEO Tyrone Docherty. “This is why Michael contacted us. He was previously in talks with a large, European luxury car manufacturer. However, believing that reliable supplies of high-purity tellurium would be key, Abdelmaseh approached First Tellurium to partner for device manufacturing.”

Production-Ready

Abdelmaseh reported that the device is ready to enter production mode. “We are done with the research and development,” said Abdelmaseh. “We have the data that shows the efficiency, and we are ready to produce it.”

As Abdelmaseh explained, PyroDelta has applied for patents on two configurations. One increases the efficiency of solar panels. The other can replace radiators and alternators in internal combustion engines, making them far more efficient and saving fuel.

Solar Panels Far More Efficient and Deployable

For solar applications, the thermoelectric device can expand the range of locations for solar power deployment, especially for sites with low sunlight and long nights. “When solar is combined with thermoelectric, you can cut down drastically the amount of battery storage required,” said Abdelmaseh.

Automobile Alternators Could Become Obsolete

In automotive applications, the device in a pipe form requires a simple retrofit to internal combustion engines without retooling assembly lines. “If you introduce anything disruptive to an existing production line that costs, say, two hundred million dollars,” said Abdelmaseh, “it’s doomed to failure. Existing vehicles can use new thermoelectric radiators, and they will generate electricity just from the heat differential of the hot liquid going through the (thermoelectric pipe) radiator and the air cooling it from the outside.” PyroDelta is presently building a thermoelectric radiator with a 1-kilowatt capacity for vehicle retrofit.

Added Abdelmaseh, “This can make your alternator obsolete. You can use the energy that’s coming out of your radiator to power all your onboard accessories—your AC, your radio, everything. This will raise the efficiency of your vehicle.”

Making Combustion Engines Significantly More Efficient

Abdelmaseh noted that today’s combustion engines generate peak efficiency of about 30-35 percent from a gallon of gas. Replacing the radiator with the thermoelectric pipe device could theoretically add an additional 12 percent in efficiency. Conservatively, Abdelmaseh estimated the added energy would total at least six-to-eight percent.

According to the U.S. Energy Administration (EIA), Americans used about 134 billion gallons of gas in 2022. An eight-percent savings would amount to over 10 billion gallons per year.

Greenhouse, Commercial Properties and Industrial Waste

Abdelmaseh also identified greenhouses, commercial properties, industrial waste and manufacturing plants as potential markets for the thermoelectric device. “Any facility with waste heat can generate electricity and lower power costs,” he said, adding that the robust construction of the device makes it ideal for harsh environments with high extremes of heat and/or cold. “The more it can withstand extremes, the more efficient it becomes,” said Abdelmaseh.

PyroDelta estimates that deploying the device in greenhouses could provide energy savings of 30 percent.

Extending Drone Battery Life

Due to the device’s small size and low weight, another large potential market would be powering drones. According to Abdelmaseh, the device as drone range extender, weighing only 70 grams (2.5 ounces), could extend a drone’s range from 15 minutes to an hour. The increased battery life could open up vast new markets, including defense and a wide range of commercial uses.

Docherty noted, “The small size of this device, which in this case is only about 50 millimeters by 100 millimeters (approximately two inches by four inches), combined with its light weight, makes it ideal for the drone market. However, any market that could benefit from these advantages of size, weight and power generation becomes accessible to us.”

First Tellurium will provide additional information about the device and potential markets in upcoming news releases.

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 Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia 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. First Tellurium is listed on the Canadian Stock Exchange under the symbol “FTEL” and on the OTC under the symbol “FSTTF”. Further information about FTEL and its projects can be found on www.firsttellurium.com.

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
Twitter: @TelluriumCorp
www.firsttellurium.com

Back at .10 again and this time CDEL is selling

I read that too. Did you notice the disclaimer at the end of it? Written by AI and reviewed by an editor. That analysis is not worth much in my human opinion

I agree too. I try to invest logically, but that seems to be a mistake.

I can see 155000 buys @ .10 since CDEL posted the Ask @ .10 but his ask amount hasn't changed. Is that an all or none ask? or short selling?

I have been buying @.10 but CDEL 260,000 Ask doesn't change. Naked short selling?

Tellurium is the key for the new thermoelectric technology, as it is with the superior lithium-tellurium (LiTe), solid-state batteries under development by First Tellurium’s partner FenixAdvance Materials, and highly efficient cadmium-tellurium (CdTe) solar panels that now account for approximately 55%of new installations in the United States.

Vancouver, BC, Canada – TheNewswire -- January 31, 2024– First Tellurium Corp. (CSE:FTEL) (OTC:FSTTF), reports that the Company has received a prototype of its tellurium-based thermoelectric generator, firstannouncedin October 2023. The generator, developed in the U.S. by First Tellurium’s 51%-owned thermoelectric-focused research and development company (1406975 BC Ltd.), represents a transformative step in thermoelectric technology, energy efficiency and sustainability. Potential applications include the automotive, solar power and defense industries, amongst others.

Longeveron Inc. (NASDAQ: LGVN) Granted US Patent Allowance for Key Technology Behind Lead Investigation Product
Longeveron (NASDAQ: LGVN), a clinical-stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, has received notice from the United States Patent and Trademark Office (“USPTO”) of patent allowance for Medicinal Signaling Cells (“MSCs”). The patent covers the technology behind LGVN’s lead investigational product Lomecel-B(TM) and will impact patients with Aging-related Frailty receiving vaccines for conditions such as COVID-19 and the flu. Lomecel-B is a living-cell product made from MSCs that are essential to the body’s endogenous biological repair mechanism and that have been shown to perform complex functions in the body, including the formation of new tissue. The patent covers the impact of Lomecel-B on favorable modulation of the immune system, which is a foundational mechanism of action of the product. Longeveron is currently conducting trials in Aging-Related Frailty and Alzheimer’s disease as well a phase 2 trial for Hypoplastic Left Heart Syndrome (“HLHS”), a rare and often fatal cardiac condition in newborn infants. “These newly allowed claims extend our patent estate to include the use of Lomecel-B in conjunction with or after patients receive vaccines to enhance vaccine immune response,” said Longeveron cofounder, chief scientific officer and chair Joshua M. Hare, MD, FACC, FAHA, in the press release. “We believe this use for Lomecel-B and the broader potential it holds for patients in our current Aging-Related Frailty and Alzheimer’s disease trials reflects the broader potential of Lomecel-B.”

To view the full press release, visit https://ibn.fm/pIscy

Thermal Energy International Reports 71% Revenue Growth and Improved Profitability in Second Quarter
01/25/2024 7:01:00 AM
Bid and Ask @ .20. That's twenty cents!! Why?


Turn-Key Projects and Custom Equipment businesses up significantly year-over-year


Ottawa, Ontario--(Newsfile Corp. - January 25, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today reported its financial results for the second quarter ended November 30, 2023. All figures are in Canadian dollars.


Highlights:



Revenue: $7.1 million, a 71% increase from the same quarter last year

Gross profit: $3.5 million, a 97% increase from the same quarter last year

EBITDAi: $830 thousand compared to a loss of $28 thousand in the second quarter of last year

Net income: $486 thousand compared to a loss of $266 thousand in the same quarter last year

Order intake: $12.8 million for the quarter and $22.2 million for fiscal 2024 year-to-date (as at January 23, 2024)

Order backlogii: $17.5 million as at Nov 30, 2023 and $23.6 million as at January 23, 2024

Thermal Energy International Reports 71% Revenue Growth and Improved Profitability in Second Quarter
01/25/2024 7:01:00 AM

The stock market is a mystery to me. Why is this going down with results like this? A penny stock that's making a profit and nobody wants it?


Turn-Key Projects and Custom Equipment businesses up significantly year-over-year


Ottawa, Ontario--(Newsfile Corp. - January 25, 2024) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today reported its financial results for the second quarter ended November 30, 2023. All figures are in Canadian dollars.


Highlights:



Revenue: $7.1 million, a 71% increase from the same quarter last year

Gross profit: $3.5 million, a 97% increase from the same quarter last year

EBITDAi: $830 thousand compared to a loss of $28 thousand in the second quarter of last year

Net income: $486 thousand compared to a loss of $266 thousand in the same quarter last year

Order intake: $12.8 million for the quarter and $22.2 million for fiscal 2024 year-to-date (as at January 23, 2024)

Order backlogii: $17.5 million as at Nov 30, 2023 and $23.6 million as at January 23, 2024

Thermal Energy Subsidiary Receives Purchase Order for 8 Boiler Economizers 01/10/2024
Thermal Energy International Inc., a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today announced that its wholly owned subsidiary, Boilerroom Equipment, Inc., has received a purchase order valued at approximately $540,000 from a Fortune 500 food processing and commodities...(Newsfile Corp)

GLOBENEWSWIRE

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Half a million shares bought at the open of regular trading. Why would a short seller do that? Hoping to start a run? That's a big gamble. Or maybe there will be news. Somebody knows, I don't.

According to https://nakedshortreport.com/company/RNAZ this stock is being shorted anywhere from 45% to 55% every day.
How to Detect Naked Short Trades
There are many tell tale signs that a company is being naked short sold. Do you think your company or investment is under attack? Here is what you should keep your eye out on:
1. Has the stock been on a continual downtrend over the past several months with no material events or known reasons for why it has depreciated?
2. Does the stock see downwards pressure anytime the company outs out a press release?
3. Do you notice any unscrupulous posts or new handles popping in bashing the company, it’s story or management? It is common for short sellers – both regular and naked short sellers to hire bashers and deploy them on the stock message boards and social media.
4. Do you ever notice weird uneven trade lots? Example, someone traded 1,172 shares or an odd lot, but frequently? This is sometimes a way that market makers and short sellers communicate with each other in the marketplace without the evidence of a text message, email or recorded phone call.

I notice that in replying to my post Tacostocks said nothing about all the shorting. Go to https://nakedshortreport.com/company/RNAZ and see for yourself. He is here for one reason and that is to drive down the price. Push the ignore button and forget him.

Delisting does not make a stock worthless. Lots stocks do very well on the OTC. RNAZ is shorted almost 50% every day, I expect Nasdaq will look at that too. Check out https://nakedshortreport.com/company/RNAZ.

Interesting. Your alias was created just today and you make one uninformed post. You have to do your research before you can make useful posts.
Delisting is not a given and it will not happen any time soon.

Company's order intake up 130% in fiscal 2023


Ottawa, Ontario--(Newsfile Corp. - September 27, 2023) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("Thermal Energy" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, today reported its financial results for the fourth quarter and year ended May 31, 2023. All figures are in Canadian dollars.


Highlights:



Revenue: $21.1 million for the year and $8.2 million for the quarter, a 84% increase compared to the same quarter last year

EBITDAi: $1.7 million for the year and $1.2 million for the quarter, a 476% increase compared the same quarter last year

Net income: $720 thousand for the year and $971 thousand for the quarter

Order intake: $27.3 million for the year and $5.2 million for the quarter

Order backlogii: $13 million as at May 31, 2023 and $21.4 million as at September 26, 2023

Check the OTC short report. Xcrt has been shorted big time over the last few days.

Quote from Finra:
When a Chapter 11 filing doesn't result in a Section 363 sale, however, it may provide a small glimmer of hope for investors seeking to recoup at least some of their money. That's because reorganization plans sometimes include provisions for shareholder relief.

To reorganize under Chapter 11, a company must negotiate a reorganization plan with a government-appointed committee of company stakeholders, which is typically made up of creditors and can also ---include company stockholders.--The plan will stipulate how much of the company’s debt it will pay off, how much it will discharge, and it may also offer shareholders some sort of compensation for their shares.

The plan is typically put to a vote, but even if creditors or stockholders reject the plan, the court may still determine that the plan is fair and should be implemented. Learn more about how reorganization plans are structured.

In a small number of cases, shareholders may receive substantial compensation—such as cash or shares in the new company—if the company that filed for Chapter 11 protection was in relatively good health and chose to pursue bankruptcy protection for strategic reasons.

Major Holders
Major Holders Currency in USD
Breakdown:
25.94% % of Shares Held by All Insider
58.70% % of Shares Held by Institutions
79.26% % of Float Held by Institutions
137 Number of Institutions Holding Shares

Top Institutional Holders
Holder Shares Date Reported % Out Value
BC Partners Advisors L.P. 47,676,705 Mar 30, 2023 26.44% 2,231,269
Starboard Value LP 20,767,571 Mar 30, 2023 11.52% 971,922
FMR, LLC 17,795,118 Mar 30, 2023 9.87% 832,811
Vanguard Group Inc 3,979,626 Mar 30, 2023 2.21% 186,246
Blackrock Inc. 2,586,166 Mar 30, 2023 1.43% 121,032
Blue Owl Capital Holdings LP 1,500,000 Mar 30, 2023 0.83% 70,199
State Street Corporation 1,408,430 Mar 30, 2023 0.78% 65,914
Millennium Management Llc 1,242,240 Mar 30, 2023 0.69% 58,136
Balyasny Asset Management 1,194,494 Mar 30, 2023 0.66% 55,902
Geode Capital Management, 1,067,120 Mar 30, 2023 0.59% 49,941
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
Fidelity Value Fund 6,000,092 Feb 27, 2023 3.34% 280,804
Fidelity Central Investment Port-Real Estate Equity Central Fd 2,029,127 Dec 30, 2022 1.13% 94,963
Fidelity Strategic Dividend & Income Fund 1,805,027 Feb 27, 2023 1.00% 84,475
Fidelity Strategic Real Return Fund 1,805,027 Feb 27, 2023 1.00% 84,475
Fidelity Series Small Cap Opportunities Fund 1,625,595 Jan 30, 2023 0.90% 76,077
Fidelity Stock Selector Small Cap Fund 1,186,027 Jan 30, 2023 0.66% 55,506
Vanguard Total Stock Market Index Fund 1,124,515 Dec 30, 2022 0.63% 52,627
Fidelity Central Investment Port-U.S. Equity Central Fd 1,097,194 Dec 30, 2022 0.61% 51,348
Fidelity Advisor Stock Selector Mid Cap Fund 1,045,600 Feb 27, 2023 0.58% 48,934
Fidelity Small Cap Stock Fund 960,865 Jan 30, 2023 0.53% 44,968

Do your own DD but I don't think all these corporate investors have divested yet. Are they going to agree to have their shares cancelled? I think they will have a major say in the proceedings.

Ontario’s Ring of Fire region is one of the most promising mineral development opportunities for critical minerals in the province. It’s located approximately 500 kilometres northeast of Thunder Bay and covers about 5,000 square kilometres.

The region has long-term potential to produce:

chromite
cobalt
nickel
copper
platinum
Critical minerals like these play a role in the future of low- and zero-emission vehicles and transportation, and help support the transition to a cleaner, sustainable global economy.

Ring of Fire News
February 24, 2023
KWG Resources Chromite Targets in Ring of Fire Are Confirmed by a Magnetotelluric Survey
February 23, 2023
Ring of Fire Northern Road Link Project - Participant Funding Available
February 21, 2023
Ring of Fire Northern Road Link Project - Public Comments Invited on the Summary of the Initial Project Description
February 9, 2023
KWG on Annual and Special Shareholders' Meeting held Feb.7 2023
December 15, 2022
Marten Falls First Nation and The Northern Road Link - A better life for our youth

SHARES OF KWG RESOURCES INC. (CARRYING ON BUSINESS AS THE CANADIAN CHROME COMPANY) TO COMMENCE TRADING ON CSE AS CACR AND CACR.A ON JULY 14, 2023
12 Jul 2023, Posted by Canada Chrome in 2023, News, Uncategorised
KWG PRESS RELEASE No.347 Subordinate shares issued & outstanding (CSE-KWG) 1,223,779,432 Convertible into Multiple-voting shares (100:1) equal to: 12,237,794 Multiple-voting shares issued & outstanding: 8,109,337 If all shares convert to Multiple-voting (CSE-KWG.A) 20,347,131 SHARES OF KWG RESOURCES INC. (CARRYING ON BUSINESS AS THE CANADIAN CHROME COMPANY) TO COMMENCE TRADING ON CSE AS C

I don't think we are going to see a safe working model in the near future. If they were as close as they claim, why wouldn't they wait until the demonstration model was in place and producing ammonia to make a stock offering? The share price would have soared and they wouldn't have had to screw over their investors.

I don't know about the 'cozy' relationship namtae, many others don't either. Could you be more specific?

George, Why would the company do that? Short sellers were almost 50% of trades yesterday. Easy to see the somebody is trying to keep the SP below .17

OTC Short Report
Historical Short Volume Data for QBIO
Date Close High Low Volume Short Volume % of Vol Shorted
Feb 13 NA NA NA 39,753,535 19,495,771 49.04
Feb 10 NA NA NA 30,196,783 13,765,045 45.58
Feb 09 NA NA NA 518,114 71,575 13.81
Feb 08 NA NA NA 1,729,046 18,500 1.07
Feb 07 NA NA NA 4,036,053 1,982,438 49.12
Feb 06 NA NA NA 2,361,534 1,067,011 45.18
Feb 03 NA NA NA 2,072,724 22,777 1.10
Feb 02 NA NA NA 1,247,378 747,224 59.90
Feb 01 NA NA NA 1,962,202 632,898 32.25
Jan 31 NA NA NA 2,384,696 720,403 30.21

[OTC Short report shows PCTL being shorted every day. Draw your own conclusions.

Historical Short Volume Data for PCTL
Date Close High Low Volume Short Volume % of Vol Shorted
Feb 06 NA NA NA 98,436 10,000 10.16
Feb 03 NA NA NA 1,338,743 888,236 66.35
Feb 02 NA NA NA 1,062,137 635,431 59.83
Feb 01 NA NA NA 483,601 160,000 33.09
Jan 31 NA NA NA 6,214,931 3,932,604 63.28
Jan 30 NA NA NA 3,040,803 351,600 11.56
Jan 27 NA NA NA 342,875 132,775 38.72
Jan 26 NA NA NA 24,655 11,225 45.53
Jan 25 NA NA NA 3,860,900 2,374,000 61.49

When an investor or trader enters a short position, they do so with the intention of profiting from falling prices. This is the opposite of a traditional long position where an investor hopes to profit from rising prices. There is no time limit on how long a short sale can or cannot be open for. Thus, a short sale is, by default, held indefinitely.
How a Short Sale Works
A brokerage firm lends shares or contracts to the customer who engages in the short sale. The firm uses its own inventory, another customer's margin account or another lender to supply the shares or contracts to the shorting customer. The investor shorting a stock typically pays interest on that loan.
In theory, you could keep a short position open indefinitely to take advantage of a falling market. In practice, you can be required to "buy to cover" this position if the lender demands the shares or contracts back, but again, this is uncommon.

Go to OTC Short Report for reliable information.

Thanks aandt
That client must be a happy customer. Many more to follow.

From Investopedia:
Are Spinoffs Good for Investors?
Historically, spinoffs have been good for investors. On average, both the parent company and the subsidiary outperform the market during the 24-month period following a spin off. Investors who have been able to withstand the unpredictability of the initial days and weeks may see nice gains. New investors looking to take advantage of a spinoff's benefits can choose to invest in the parent, the subsidiary, or both.

Aggressive investors with a high tolerance for risk are often drawn to the subsidiary. As a smaller company, the subsidiary has more potential for growth. Its now singular focus on its own core operations can lead to profitability and a higher stock price. Its wide open future can attract investors, boosting share price.