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S eptember 11, 2026 - TORONTO, ON - The Newswire - Clean Energy Transition Inc. (TSX-V: TRAN) (“ transition.inc ” or the “ Company ”) announces that, further to its June 22, 2026 news release, it continues to proceed with its previously announced non-brokered private placement and concurrent royalty rights offering. The Company currently expects to complete the financing within the next two weeks.

The TSX Venture Exchange has also approved three minor amendments to the Royalty Right Certificate, clarifying the pro rata denominator, providing for the carry forward of negative Cash Flow for Distribution (“CFD”), and preserving flexibility to sell, transfer, refinance, securitize or reorganize the Pilot Portfolio.

All other terms of the financing remain unchanged from what was previously announced.  

The financing remains structured as two separate offerings, a non-brokered private placement of up to 7,500,000 units (“Units”) at a price of $0.04 per Unit and concurrent offering of up to 7,500,000 contractual royalty rights (“Royalty Rights”) at a price of $0.01 per Royalty Right (“Concurrent Offering”). Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”), with each Warrant entitling the holder thereof to purchase one additional Share at a price of $0.08 per Share for a period of two years from closing, subject to the Company’s option to accelerate the expiry date if the volume-weighted average price of the Shares on the TSXV equals or exceeds $0.10 per Share for any 10 consecutive trading sessions. The Royalty Right entitles holders, on a pro rata basis by number of Royalty Rights held relative to the total Royalty Rights issued in the Concurrent Offering, to receive quarterly distributions in arrears equal to 50% of the Company’s CFD generated by the Energy Assets of TranFin’s Pilot Phase.

The Company has now received conditional acceptance, but final closing remains subject to final TSX Venture Exchange approval.

About Clean Energy Transition Inc.

transition.inc is focused on opportunities to generate positive cash flow across the energy transition. The Company currently holds a portfolio of Critical Minerals assets, including the Aurora Nickel Project in Ontario, where it is advancing a potential low-carbon production opportunity to supply growing North American demand for nickel, and high-quality Silica/Quartz projects at Snow White in Ontario and Silicon Ridge in Québec, which may serve as feedstock for silicon metal used in solar energy systems and advanced manufacturing. Alongside the Critical Minerals assets, transition.inc is also looking for additional opportunities, more broadly, from across the energy transition. TranFin, the Company’s Energy-as-a-Service platform for Canadian homeowners, is one of those opportunities.

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively, “forward-looking information”). Such forward-looking information is provided to inform the Company’s shareholders and potential investors about management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking information may be identified by words such as “anticipate”, “expect”, “intend”, “plan”, “may”, “will”, “would” and similar expressions, although not all forward-looking information contains these identifying words.

More particularly and without limitation, the forward-looking information in this news release includes statements regarding: (i) the timing and completion of the Company’s previously announced non-brokered private placement and concurrent royalty rights offering; (ii) the receipt of final TSX Venture Exchange approval in respect of the financing; and (iii) the implementation and development of TranFin’s Pilot Phase, including the acquisition and deployment of Energy Assets and related funding arrangements.

Forward-looking information is based on a number of factors and assumptions that may prove to be incorrect and is inherently subject to significant business, economic, regulatory and other risks, uncertainties and contingencies. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Actual results may differ materially from those expressed or implied by the forward-looking information.

The forward-looking information in this news release reflects the Company’s current expectations, assumptions and beliefs based on information currently available to the Company. Any forward-looking information speaks only as of the date on which it is made and, except as required by applicable securities laws, the Company disclaims any intention or obligation to update or revise such forward-looking information as a result of new information, future events or otherwise. All forward-looking information is expressly qualified by this cautionary statement.

Contact Information

For further information, visit www.transition.inc

Or contact: Sean Samson, President, CEO and Director at:

Clean Energy Transition Inc.

200 – 150 King St. W.

Toronto, ON M5H 1J9

info@transition.inc

+1-647-243-6581

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

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