Terra Clean Energy Corp. Enters into Definitive Agreements to Acquire Uranium Claims on The San Rafael Swell, Utah, United States
Terra Clean Energy Corp. Enters into Definitive Agreements
to Acquire Uranium Claims on
The San Rafael Swell, Utah, United States
Vancouver B.C., September 24, 2025 – TERRA CLEAN ENERGY CORP. (“Terra” or the “Company”)
(CSE: TCEC, OTCQB: TCEFF, FSE: C9O0), is pleased to announce that, further to its press release
dated September 16, 2025, and to clarity t he press release issued earlier today, it has entered
into definitive agreements with arm’s length parties to acquire up to a 100% interest in each of
the Wheel Anne Claims and the Green Vein Mesa Claims (each of the properties are located in
Emery County, Utah, United States).
“The quick execution of the agreements shows the Company’s commitment and excitement to
these assets and to our already significant portfolio of low-risk uranium assets in world renowned
uranium basins" state Greg Cameron, CEO of Terra. “Our plan is to have our team on the ground
in Utah in the coming weeks working closely with our local partner.”
To earn its respective interests in each of the Wheal Anne Claims and the Green Vein Mesa, the
Company would be required to make the following cash payments, common share issuances and
incur exploration expenditures on the respective claims as follows:
Wheal Anne Claims
Cash Payment Share Issuance Exploration
Expenditures
To earn a 20%
interest
USD$20,000 on the
Effective Date
500,000 common
shares within five
business days of the
Effective Date
Incur USD$100,000 in
expenditures on or
before the 1st year
anniversary of the
Effective Date
To earn a 40%
interest
Additional
USD$33,333 on or
before the 1st year
anniversary of the
Effective Date
Additional 500,000
common shares on or
before the 1st year
anniversary of the
Effective Date
Incur additional
USD$33,333 in
expenditures on or
before the 2nd year
anniversary of the
Effective Date
To earn a 60%
interest
Additional
USD$46,666 on or
Additional 500,000
common shares on or
Incur additional
USD$33,333 in
before the 2nd year
anniversary of the
Effective Date
before the 2nd year
anniversary of the
Effective Date
expenditures on or
before the 3rd year
anniversary of the
Effective Date
To earn an 80%
interest
Additional
USD$60,000 on or
before the 3rd year
anniversary of the
Effective Date
Additional 500,000
common shares on or
before the 3rd year
anniversary of the
Effective Date
Incur additional
USD$33,334 in
expenditures on or
before the 4th year
anniversary of the
Effective Date
To earn a 100%
interest
Additional
USD$73,333 on or
before the 4th year
anniversary of the
Effective Date
Additional 500,000
common shares on or
before the 4th year
anniversary of the
Effective Date
Incur additional
USD$33,333 in
expenditures on or
before the 5th year
anniversary of the
Effective Date
** Subject to the retention by the Vendors of a two percent (2%) net royalty on the Wheal Anne
Claims (the “Wheal Anne Royalty”), with Terra Clean having the option to purchase fifty percent
(50%) of the Wheal Anne Royalty at any time by making a total cash payment to the Vendors in
the amount of USD$666,666.
Green Vein Mesa Claims
Cash Payment Share Issuance Exploration
Expenditures
To earn a 20%
interest
USD$10,000 on the
Effective Date
250,000 common
shares within five
business days of the
Effective Date
Incur USD$50,000 in
expenditures on or
before the 1st year
anniversary of the
Effective Date
To earn a 40%
interest
Additional
USD$16,667 on or
before the 1st year
anniversary of the
Effective Date
Additional 250,000
common shares on or
before the 1st year
anniversary of the
Effective Date
Incur additional
USD$13,334 in
expenditures on or
before the 2nd year
anniversary of the
Effective Date
To earn a 60%
interest
Additional
USD$23,334 on or
before the 2nd year
anniversary of the
Effective Date
Additional 250,000
common shares on or
before the 2nd year
anniversary of the
Effective Date
Incur additional
USD$13,334 in
expenditures on or
before the 3rd year
anniversary of the
Effective Date
To earn an 80%
interest
Additional
USD$30,000 on or
before the 3rd year
anniversary of the
Effective Date
Additional 250,000
common shares on or
before the 3rd year
anniversary of the
Effective Date
Incur additional
USD$13,334 in
expenditures on or
before the 4th year
anniversary of the
Effective Date
To earn a 100%
interest
Additional
USD$36,667 on or
before the 4th year
anniversary of the
Effective Date
Additional 250,000
common shares on or
before the 4th year
anniversary of the
Effective Date
Incur additional
USD$13,334 in
expenditures on or
before the 5th year
anniversary of the
Effective Date
** Subject to the retention by the Vendors of a two percent (2%) net royalty on the Green Vein
Mesa Claims (the “Green Vein Royalty”), with Terra Clean having the option to purchase fifty
percent (50%) of the Green Vein Royalty at any time by making a total cash payment to the
Vendors in the amount of USD$333,334.
The definitive agreements to acquire an interest in each of the Wheal Anne Claims and the Green
Vein Mesa Claims remain subject to the receipt of all regulatory approvals, including the approval
of the Canadian Securities Exchange (with the “ Effective Date ” being the date that all such
regulatory approvals have been received).
All securities issued in connection with these agreements would be subject to a four-month plus
one day hold period from the date of issuance in accordance with applicable securities laws.
Marketing Agreements
Terra Clean is also pleased to announce that it has engaged the services of Green Crescent Capital
(“GCC”) with a business address of 1266 E. Main Street, 7 th Floor, Stamford, Connecticut, 06902
(Email: [email protected] and Phone: 214 -810-5549) to conceive and create
marketing, advertising collateral and to develop and distribute digital content to increase
awareness in the investment community in compliance with the policies and guidelines of the
CSE Exchange and other applicable legislation. GCC will be paid a one-time fee of USD$5,000. The
agreement between the Company and GCC was signed in September 2025 for a one-month term.
There are no performance factors contained in the agreement and no stock options or other
compensation in connection with the engagement. GCC and its clients may acquire an interest in
the securities of the Company in the future.
The Company has also engaged the services of OTCWagon (“OTCW”) with a business address of
20218 49th Avenue, Langley, British Columbia, V3A 6W9 (Email: [email protected] and
Phone: 604-427-0369) for a 38 day market awareness program in compliance with the policies
and guidelines of the CSE Exchange and other applicable legislation. OTCW will be paid a one-
time fee of C$7,500. The agreement between the Company and OTCW was signed in September
2025 for a 38-day term. There are no performance factors contained in the agreement and no
stock options or other compensation in connection with the engagement. OTCW and its clients
may acquire an interest in the securities of the Company in the future.
About Terra Clean Energy Corp.
Terra Clean Energy is a Canadian -based uranium exploration and development company . The
Company is currently developing the South Falcon East uranium project within the Fraser Lakes
B Uranium Deposit, located in the Athabasca Bas in region, Saskatchewan, Canada as well as
developing past producing Uranium mines in the San Rafael Swell Emery County, Utah, United
States
ON BEHALF OF THE BOARD OF TERRA CLEAN ENERGY CORP.
“Greg Cameron”
Greg Cameron, CEO
Qualified Person
The technical information in this news release has been prepared in accordance with the
Canadian regulatory requirements set out in National Instrument 43 -101, reviewed and
approved on behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President,
Exploration, and a Qualified Person as defined by National Instrument 43-101.
Forward-Looking Information
This news release contains forward-looking information which is not comprised of historical facts.
Forward-looking information is characterized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “estimate” and other similar wo rds, or statements that certain
events or conditions “may” or “will” occur. Forward -looking information involves risks,
uncertainties and other factors that could cause actual events, results, and opportunities to differ
materially from those expressed or implied by such forward -looking information, including
statements regarding the potential development of mineral resources and mineral reserves which
may or may not occur. Factors that could cause actual results to differ materially from such
forward-looking information include, but are not limited to, changes in the state of equity and
debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or
governmental approvals, and general economic and political conditions. Forward-looking
information in this news release is based on the opinions and assumptions of management
considered reasonable as of the date hereof, including that all necessary approvals, including
governmental and regulatory approvals will be received as and when e xpected. Although the
Company believes that the assumptions and factors used in preparing the forward -looking
information in this news release are reasonable, undue reliance should not be placed on such
information. The Company disclaims any intention or obligation to update or revise any forward-
looking information, whether because of new information, future events or otherwise, other than
as required by applicable laws. For more information on the risks, uncertainties and assumptions
that could cause our actual results to differ from current expectations, please refer to the
Company’s public filings available under the Company’s profile at www.sedarplus.ca.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of
the CSE) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Greg Cameron, CEO
Phone: 416-277-6174
Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy