Mr. Aleksandar Miskovic reports

TERRA BALCANICA ANNOUNCES PRIVATE PLACEMENT FINANCING

Terra Balcanica Resources Corp. intends to complete a non-brokered private placement for gross proceeds of up to $750,000 through the issuance of up to 15 million units at a purchase price of five cents per unit. Each unit will comprise one common share in the capital of the company and a common share purchase warrant to purchase an additional one common share of the company at an exercise price of 10 cents per warrant share for a period of 24 months from the closing date of the private placement.

The units will be offered by way of prospectus exemptions in Canada, in the United States pursuant to available exemptions from the registration requirements, and in certain jurisdictions outside of Canada and the United States, as determined by the company. The common shares, warrants and warrant shares, if issued within four months of the closing date, will be subject to a hold period of four months plus one day from the closing date in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange, if applicable. The closing date is expected to occur on or before July 17, 2026, subject to certain conditions, including any requisite approval of the CSE and certain other customary conditions, including, but not limited to, execution of subscription agreements between the company and the subscribers. In certain circumstances, the company may pay finders' fees in cash and warrants on a portion of the private placement. The company intends to use the proceeds of the private placement to pay for: (i) the costs of a United Kingdom stock exchange listing; (ii) executing a ground geophysical survey at the Cumavici target; and (iii) commencing the phase IV drilling program at Cumavici within its Viogor project in Bosnia and Herzegovina.

About Terra Balcanica Resources Corp.

Terra Balcanica is a silver and antimony-focused polymetallic exploration company targeting large-scale mineral systems in the Balkans of southeastern Europe. The company has 100-per-cent interest in the Viogor project in eastern Bosnia and Herzegovina. Terra owns a 48-per-cent stake in Terra North Resources Corp. and its Canadian assets that comprise a 100-per-cent-optioned portfolio of uranium-prospective claims surrounding the world-renowned Athabasca basin. The company emphasizes responsible engagement with local communities and stakeholders. It is committed to pro-actively implementing good international industry practice (GIIP) and sustainable health, safety and environmental management.

We seek Safe Harbor.