Mr. Carter Smith reports

TERRA ROSSA GOLD LTD. PROVIDES PROJECT UPDATE AND ANNOUNCES INVESTOR MARKETING ENGAGEMENTS

Terra Rossa Gold Ltd. has provided an update on recent work at the company's wholly owned Vetas gold project in the Santander gold district of Colombia, and has made a series of investor marketing engagements. The company's phase 1 drilling campaign is on track to commence before the end of August.

Project update

Preparations for the drill program have been prioritized in advance of the mobilization of the drill, including the construction of the first drill platform. Hiring for the support roles, including junior geologists, core cutters and auxiliary helpers, is essentially complete. The Vetas municipality was integral in the process in the hiring for many of the positions that were filled by the drill contractor through the community job board, reinforcing our commitment to create local jobs.

"With the first drill platform built and local hiring nearly complete, we are approaching the first drilling at Vetas in more than a decade," said Carter Smith, chief executive officer of Terra Rossa. "The program will build on more than 71,000 metres of historical drilling in a district that hosts the seven Moz Soto Norte project just eight km away. We look forward to announcing the commencement of drilling shortly."

Investor marketing engagements

As the drill program nears commencement, the company is pleased to announce the following investor relations and marketing engagements, subject to TSX Venture Exchange acceptance where required.

Adelaide Capital Markets Inc.

The company has retained Adelaide Capital, a leading investor relations and capital market advisory firm, as an investor relations consultant, subject to acceptance for filing by the TSX Venture Exchange. The agreement was signed Aug. 24, 2026, and is effective starting Aug. 25, 2026. The term of the agreement is for a period of six months unless otherwise extended. Adelaide will provide digital investor relations and social media services, including content production and distribution across the company's social media channels, investor webinars and on-line investor engagement. As consideration for services to be provided, the company will pay Adelaide a cash fee of $15,000, payable in monthly instalments of $2,500. Adelaide Capital is principally owned by Deborah Honig, based in Vancouver, and is an arm's-length party to the company. Baaba Hughes will be the primary service provider. Adelaide neither holds any securities of the company nor has any interest, direct or indirect, in Terra Rossa. Adelaide and its principals do not engage in market-making activities and will restrict their services to digital investor relations and social media services.

Access Capital Partners Inc.

The company has retained Access, an investor outreach and meeting generation firm, as an investor relations consultant, subject to acceptance for filing by the TSX Venture Exchange. The agreement was signed Aug. 24, 2026, and is effective starting Aug. 28 2026. The term of the agreement is for a period of three months unless otherwise extended. Access is a privately held Ontario corporation with its principal place of business in Toronto, Ont. Michelle West, an owner and director of Access Capital, will be the principal responsible for providing investor relations services to Terra Rossa. As consideration for services to be provided, the company will pay Access a cash fee of $15,000, payable in monthly instalments of $5,000 plus applicable taxes. Access neither holds any securities of the company nor has any interest, direct or indirect, in Terra Rossa. Access and its principals do not engage in market-making activities, and will restrict their services to investor outreach and meeting generation.

About Terra Rossa Gold Ltd.

The company is a gold exploration and development corporation with an experienced mine development team. A local exploration and administration team is in place in Colombia, and the company also has a local community relations office in the town of Vetas. Current board and management are focused on building shareholder value through the advanced exploration and subsequent development of the Vetas gold project.

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