First Tellurium Corp. Addresses Shareholder Concerns, Cites Progress in Thermoelectric Technology

Vancouver, BC — February 11, 2026 — Leads & Copy — First Tellurium Corp. (CSE: FTEL, OTC:FSTTF) has responded to shareholder concerns regarding recent pressure on the company’s share price, stating that there have been no fundamental changes within the company to warrant the drop.

According to President and CEO Tyrone Docherty, the company is making good progress on developments announced over the past several months, particularly concerning thermoelectric technology with its subsidiary PyroDelta Energy Corp.

PyroDelta is currently focused on drone technology, slated to be showcased at the U.S. Department of Defense’s DARPA Heavy Lift Challenge later this year. The subsidiary is also pursuing revenue streams based on its proprietary Capillary Casting manufacturing process.

The drone design for the DARPA contest incorporates tellurium-based thermoelectric technology to capture waste heat from the drone engine, providing supplemental power. Docherty believes this design will be competitive and will highlight the advantages of First Tellurium's technology to influential parties within the drone industry and the U.S. government. The company is also exploring manufacturing opportunities to serve the thermoelectric sector and anticipates news on this front soon.

First Tellurium continues to receive inquiries from industry, media, and government representatives as awareness of its thermoelectric technology grows. The company is prioritizing applications that it believes will deliver the greatest value for shareholders in the shortest amount of time.

Docherty noted that he was recently interviewed by The Wall Street Journal. Last year, USA Today also featured a story about PyroDelta’s technology.

First Tellurium has contacted Canadian Prime Minister Mark Carney, Minister of Artificial Intelligence and Digital Innovation Evan Solomon, and MP for Delta, BC, and Associate Minister of National Defence Jill McKnight, regarding the potential of its thermoelectric technology to provide clean energy for industry and defense applications.

Docherty stated he is scheduled to meet with MP Jill McKnight this week to explore possible avenues for government support to advance the company’s technology in Canada.

First Tellurium generates revenue and value through mineral discovery, project development, project generation, and the development of tellurium-based technologies.

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

Source: First Tellurium Corp.