Terra Clean Energy to acquire 75 uranium claims in Utah

Mr. Greg Cameron reports TERRA CLEAN ENERGY CORP. ANNOUNCES AGREEMENT TO EARN 100% INTEREST IN 75 PAST PRODUCING URANIUM CLAIMS ON THE SAN RAFAEL SWELL, UTAH, UNITED STATES Terra Clean Energy Corp. has set the terms to acquire up to a 100-per-cent interest in 75 uranium claims in Emery county, Utah. Transaction highlights: Nine past-producing uranium mines covered on the claims having produced several hundred thousand tons of ore grading up to 1 per cnet U308; Visible uranium, vanadium, copper and cobalt at surface with numerous uranium readings up to 21,000 counts per second (CPS) equating to grades 0.22 per cent U308; Close proximity to major roads with good year-round access, power and a uranium mill located 75 miles drive; Strong government support for nuclear power and uranium mining projects and a stated objective to reduce reliance on foreign nuclear fuel; Staged earn-in allows the company to optimize exploration programs; Provides Terra shareholders exposure to two North American assets both with near-surface uranium opportunities in low-risk jurisdictions. Greg Cameron, chief executive officer of Terra, stated: "One of my stated goals with Terra was to add another low-risk uranium project to the company and this transaction does just that. Having toured the properties with our VP, exploration, it is clear from the moment you arrive you are in a uranium district with many old workings, adits, shafts and old infrastructure. I am excited to see work begin this fall and believe there to be a clear path to add significant value for our shareholders." Rationale behind the acquisition The Green Vein Mesa and Wheal Anne claims offer exposure to uranium projects in the United States, with excellent upside in a significant historical uranium district. Terra has made a strategic decision to acquire the Green Vein Mesa and Wheal Anne claims due to the belief there is more minable uranium present. It is important to note that the encompassing claims have a production history. Both sets of claims are in ideal locations, are situated near main roads and secondary roads, and have access to power and water sources. In the past, mining operations focused on ore found at or near surface. The process of oxidation led to the formation of various secondary uranium minerals. The Trump administration has recently enacted historic policies designed to accelerate nuclear power and uranium mining activity in the country. "This initial project in San Rafael swell offers significant upside as it is clear that these old mines were abandoned in the 1970s due to a uranium market collapse not because they ran out of uranium to mine," stated Mr. Cameron. "We believe strongly that we can expand on the previous work through modern exploration technologies like 3-D modelling," added Trevor Perkins, vice-president, exploration. Project overview The San Rafael swell is a large, uplifted, doubly-plunging anticline in east-central Utah and the swell forms part of, but contrasts with the surrounding flat-lying rocks, of the Colorado plateau, a significant uranium mining district in the Western United States. Historical uranium production was undertaken in the region between the late 1940s into the 1970s. No significant work has been completed in the region in the past 50 years. The rocks in the San Rafael swell are predominately sedimentary (Pennsylvanian through Cretaceous), including Triassic and Jurassic formations that are known to host uranium. The project area is underlain by Triassic-aged sedimentary rocks of the Moenkopi and Chinle formations. The Chinle outcrops in a continuous belt around the San Rafael swell and on isolated buttes through the center of the swell. It is widely believed that volcanic ash is the source of uranium for many deposits in the swell. All existing mines and prospects in the Chinle are in the lower, bentonitic part of the Chinle in channel-fill sandstone and surrounding siltstones of the lower Chinle formation. In the Green Vein Mesa area these occur as scour channel fill at the contact with the underlying Moenkopi formation. The project is separated into two claim groups 10 kilometres apart. The Wheal Anne claim group is the southwest of the two and encompasses approximately 130 hectares covering the former-producing Lucky Strike mine and related uranium occurrences. The Lucky Strike mine was discovered in 1949 and produced more than 10,000 tons of ore grading 0.22 per cent U3O8 and 0.09 per cent V2O5. The Green Vein Mesa claim group to the northeast encompasses approximately 300 hectares and covers the former-producing Payday mine, Hertz mine and Green Vein group of mines. Production numbers for these mines were not located, however, the Hertz mine reportedly had local samples up to 1 per cent U3O8. Transaction overview To earn its respective interests in each of the Wheal Anne claims and the Green Vein Mesa claims, the company would be required to make cash payments and common share issuances, and incur exploration expenditures, on the respective claims as detailed in the attached tables. The agreements to acquire an interest in each of the Wheal Anne claims and the Green Vein Mesa claims remain subject to the receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange. All securities issued in connection with these agreements would be subject to a four-month-plus-one-day hold period from the date of issuance in accordance with applicable securities laws. About Terra Clean Energy Corp. Terra Clean Energy is a Canadian-based uranium exploration and development company. The company is currently developing the South Falcon East uranium project within the Fraser Lakes B uranium deposit, located in the Athabasca basin region, Saskatchewan, Canada, as well as developing past-producing uranium mines in the San Rafael swell, Emery county, Utah. Qualified person The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved on behalf of the company by C. Trevor Perkins, PGeo, the company's vice-president, exploration, and a qualified person as defined by National Instrument 43-101. The historical results, production and interpretation described here in have not been verified and are extracted from U.S. Geological Survey reports. The company has not completed sufficient work to confirm and validate any of the historical data contained in this news release. The historical work does not meet NI 43-101 standards. The company considers the historical work a reliable indication of the potential of the San Rafael swell and the information may be of assistance to readers. Information collected during a site visit in September, 2025, was collected using an RS-225 Super-Spec spectrometer manufactured, inspected and calibrated in 2025. We seek Safe Harbor.