On August 13, 2025, Terra Balcanica Resources Corp. (“Terra Balcanica”) announced the final closing of its non-brokered private placement financing (the “Private Placement”) consisting in the total issuance of 11,174,950 units (each, a “Unit”) in the Private Placement at a purchase price of $0.10 per Unit for total gross proceeds of $1,117,495. Each Unit was comprised of one common share in the capital of Terra Balcanica and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable to purchase one common share of Terra Balcanica (a “Warrant Share”) at an exercise price of $0.20 per Warrant Share for a period of 24 months from the closing date of the Private Placement or its respective tranches.

The Private Placement utilized the listed issuance financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemption. The securities issued to purchasers in reliance on this prospectus exemption are not subject to a hold period pursuant to applicable Canadian securities laws. In connection with this exemption, Terra Balcanica filed on SEDAR+ an amended and restated Form 45-106F19 offering document, which provides a short description of the business of Terra Balcanica and the terms of the Private Placement.

Terra Balcanica is a polymetallic and energy metals exploration company targeting large-scale mineral systems in the Balkans of southeastern Europe and northern Saskatchewan, Canada.

Further details regarding Terra Balcanica and the financing can be found on Terra Balcanica’s website. Terra Balcanica trades under the symbol “TERA” on the Canadian Securities Exchange.