Mr. Greg Cameron reports

TERRA CLEAN ENERGY ANNOUNCES FULL ALLOCATION OF $2.0 MILLION BROKERED PRIVATE PLACEMENT LED BY CENTURION ONE CAPITAL

The full amount of Terra Clean Energy Corp.'s previously announced brokered private placement has been fully allocated (see press release issued on Sept. 8, 2026).

The offering is being conducted by Centurion One Capital Corp. as lead agent and sole bookrunner, and is expected to close on or about Oct. 5, 2026, subject to customary closing conditions and receipt of all required regulatory approvals, including approval of the Canadian Securities Exchange.

Under the offering, the company expects to issue 14,285,714 units at a price of 14 cents per unit for aggregate gross proceeds of approximately $2-million.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of 22 cents for a period of three years following the closing date.

"We are very pleased with the strong support received for this financing and the full allocation of the offering," stated Greg Cameron, chief executive officer of Terra Clean Energy. "The proceeds will allow us to fund the previously announced work program at our Marysvale uranium mines project in Utah. Field crews are scheduled to mobilize during the final week of September to begin construction of the drill pads and excavation of the permitted trenches, positioning the company for its planned 10,000-foot core drilling program."

The net proceeds from the offering will be used primarily to finance the company's previously announced and permitted work program at the Marysvale uranium mines project, including the construction of five drill pads, excavation of seven exploration trenches and preparations for the planned 10,000-foot core drilling program. A portion of the proceeds will also be used for general working capital purposes.

The securities issued under the offering will be subject to a statutory hold period of four months and one day from the closing date.

The offering remains subject to customary closing conditions and all necessary regulatory approvals. There can be no assurance that the offering will close on the terms described herein or at all.

About Terra Clean Energy Corp.

Terra Clean is a Canadian-based uranium exploration and development company. The company is currently developing the South Falcon East uranium project located in the Athabasca basin region, Saskatchewan, Canada, as well as past-producing uranium mines in Utah and uranium exploration properties in Wyoming, United States. The company's strategy is to find and advance late-stage uranium projects to support growing demand for nuclear power and secure domestic mineral supply chains.

We seek Safe Harbor.