Terra Clean Provides Corporate Update and Welcomes the United States Department of Energy’S Recent New Domestic Nuclear Fuel Supply Chain & Uranium Focus
TERRA CLEAN PROVIDES CORPORATE UPDATE AND
WELCOMES THE UNITED STATES DEPARTMENT OF ENERGY’S
RECENT NEW DOMESTIC NUCLEAR FUEL SUPPLY CHAIN &
URANIUM FOCUS
Vancouver B.C., January 5, 2026 – TERRA CLEAN ENERGY CORP. (“Terra” or the “ Company”)
(CSE: T CEC, OTC QB: TCEFF, FSE: C9O0) welcomes the recent U.S. Department of Energy
announcement on uranium and announces the appointment of Jon Li as Chief Financial Officer
of the Company effective January 1, 2026.
In late December 2025, th e United States Department of Energy (“DOE”) announced the
implementation of a New Domestic Nuclear Fuel Supply Chain & Uranium Agreement . The DOE
is establishing a new consortium under the Defense Production Act (“DPA”) to strengthen the
U.S. nuclear fuel supply chain, including uranium mining, milling, enrichment and fuel fabrication.
This aims to reduce dependence on foreign enriched uranium and critical minerals . The DOE is
actively inviting companies with US assets to join the NUCLEAR FUEL CYCLE CONSORTIUM via
voluntary agreements with industry under DPA Section 708 which will unlock federal incentives,
targeted funding, and expedited permitting for U.S. uranium projects.
“With past producing uranium mines in the U.S. , Terra will no doubt benefit from this sweeping
new legislation as it develops its portfolio of U.S. uranium assets ” said Greg Cameron CEO . “I
strongly believe that 2026 will be the year of uranium and with uranium assets in Utah and
additional uranium claims being staked, Terra will have a significant portfolio of U.S. Uranium
assets to complement its Fraser Lakes B uranium deposit in the Athabasca Basin, Saskatchewan.”
Mr. Li’s appointment as Chief Financial Officer of the Company follows the resignation of Brian
Shin and follows the C ompany’s strategy of centralizing its operations and management to
Toronto. Terra would like to thank Mr. Shin and wish him all the best for his future endeavors.
Jon Li brings more than 20 years of finance experience with speciality in mining, technology and
financial service industry. As the Vice President of WD Numeric, a full -service accounting firm
that provides financial and support services for both public a nd private companies, Jon leads
ongoing process improvement efforts, conducts quality control reviews of client files, and
provides CFO services to a portfolio of clients.
Prior to WD Numeric, Jon was the Financial Controller at Strategic Pricing Management Group
(SPMG) and was responsible for managing all financial activities of the company including set-up
and maintenance of general ledger accounting system, budgeting, forecasting, cash management
and financial reporting. Jon is a CPA (US & Canada) and holds an MBA with concentration in
Accounting.
Additionally, the Company reports that all matters up for consideration at the annual general
meeting of shareholders held on December 8, 2025 (the “ Meeting”) were approved . At that
Meeting, shareholders re-elected the current directors of the Company (being Greg Cameron,
Alex Klenman and Tony Wonnacott) and elected two additional directors, being Michael Gabbani
and Brian Polla . In addition, shareholders ratified the appointment of Crowe MacKay LLP,
Chartered Professional Accountants as auditors for the ye ar ended December 31, 2024 and
approved their appointment as auditors for the ensuing year.
“Mike is an accomplished engineer having spent decades in the nuclear industry a nd has a high
level of understanding of where the industry is going and the contacts to allow us to position the
Company to benefit. Brian is a serial entrepreneur and seasoned veteran of the capital markets
as well as a significant shareholder of Terra . We are lucky to have their expertise to help steer
the Company forward” said Greg Cameron CEO.
The Company also announces a n award of 2,000,000 restricted share units (each, an "RSU")
pursuant to its Omnibus Incentive Plan to directors, officers and consultants of the Company .
Each RSU entitles the recipient to receive one common share of the Company o n vesting. The
RSUs vest on the date that is one year from the date of grant. The grant of RSUs remains subject
to the receipt of all regulatory approvals, including the approval of the Canadian Securities
Exchange.
About Terra Clean Energy Corp.
Terra Clean Energy Corp. is a Canadian-based uranium exploration and development company.
The Company is currently developing the South Falcon East uranium project, which holds a 6.96M
pound inferred uranium resource within the Fraser Lakes B Deposit, located in the Athabasca
Basin region, Saskatchewan, Canada as well as past producing uranium mines in 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.
*The historical resource is described in the Technical Report on the South Falcon East Property,
filed on sedarplus.ca on February 9, 2023. The Company is not treating the resource as current
and has not completed sufficient work to classify the resource a s a current mineral resource.
While the Company is not treating the historical resource as current, it does believe the work
conducted is reliable and the information may be of assistance to readers.
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 words, 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 Offering and 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 condit ions. 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 recei ved as and when expected.
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 a ny 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
416-277-6174
Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy