Terra Balcanica Closes Fully Subscribed Life Offering

CSE: TERA | FRA: UB10 | OTCQB: TEBAF #1100 – 1111 Melville Street, Vancouver, BC, Canada V6E 3V6

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

TERRA BALCANICA CLOSES FULLY SUBSCRIBED LIFE OFFERING

Vancouver, British Columbia – August 13th, 2025 – Terra Balcanica Resources Corp. (“Terra”

or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce the closing of the second

and final tranche of its non- brokered, listed issuer financing exemption private placement (the

“Private Placement” or “Offering”) for gross proceeds of C$ 302,581 through the issuanc e of

3,025,809 units (each a “Unit”) at a purchase price of C$0.10 per Unit. Each Unit is comprised of

one common share in the capital of the Company ( “Common Share ”) and one-half of one

Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable

to purchase one Common Share (“Warrant Share”) at an exercise price of C$0.20 per Warrant

Share for a period of 24 months from the closing date of the Private Placement or its respective

tranches (the “Closing Date”). In connection with the final tranche of the Offering, f inders’ fees

in the amount of C$7,000 were paid and 70,000 non- transferable finder’s warrants (each, a

“Finder’s Warrant”) were issued to arm’s length finders . Each Finder’s Warrant is exercisable

for one Common Share at an exercise price of C$0.20 per Common Share for a period of 24 months

from the Closing Date. The Company closed an initial tranche of the Offering on July 11, 2025 in

the amount of 8,149,141 Units for gross proceeds of C$814,914, as described in the Company’s

press release dated July 11, 2025. The Company has thus closed on the maximum offering amount

of C$1,117,495.

Aleksandar Mišković, President and CEO of the Company commented: “We are very pleased

to have raised the full allowable LIFE amount as interest for the offering kept growing by the

week. The Phase III drill campaign at Viogor-Zanik in Bosnia is now fully funded and commences

imminently. I am on the site to personally oversee the rig turning at Brezani while Terra’s team is

excited for a robust news release stream to come in the days ahead.”

Kim Oishi, Director of the Company (the “Insider”), purchased 25,809 Units as part of the final

tranche of the Offering. The issuance of the Units to the Insider constitutes a “related party

transaction” as this term is defined in Multilateral Instrument 61 -101 – Protection of Minority

Securityholders in Special Transactions (“ MI 61-101”). There has not been a material change in

the percentage of the outstanding securities of the Company that are owned by the Insider as a

result of his participation in the Offering. The Company is relying on the exemption from the

valuation requirement and minority approval requirement pursuant to subsection 5.5(a) and

5.7(1)(a) of MI 61-101, respectively, as the fair market value of the Insider participation does not

represent more than 25% of the Company’s market capitalization, as determined in accordance

with MI 61-101. The participation by the Insider in the Offering was approved by directors of the

Company who are independent in connection with this transaction. No materially contrary view or

abstention was expressed or made by any director of the Company in relation thereto.

The Private Placement was conducted pursuant to the listed issuer financing exemption under Part

5A of National Instrument 45- 106 – Prospectus Exemptions. The securities issued to purchasers

CSE: TERA | FRA: UB10 | OTCQB: TEBAF #1100 – 1111 Melville Street, Vancouver, BC, Canada V6E 3V6

in the Private Placement are not subject to a hold period under applicable Canadian securities laws.

The Finder’s Warrant issued to finders in connection with the final tranche of the Offering, and

the Common Shares issuable on exercise thereof, are subject to a hold period expiring on

December 14, 2025 in accordance with applicable Canadian securities laws.

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his news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the

securities in the United States. The securities have not been and will not be registered under the

United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities

laws and may not be offered or sold within the United States or to U.S. Persons unless registered

under the U.S. Securities Act and applicable state securities laws or an exemption from such

registration is available.

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bout the Company

Terra Balcanica is a polymetallic and energy metals exploration company targeting large- scale

mineral systems in the Balkans of southeastern Europe and norther n Saskatchewan, Canada. The

Company has a 90% interest in the Viogor-Zanik Project in eastern Bosnia and Herzegovina. The

Canadian assets comprise a 100% optioned portfolio of uranium -prospective licences at the

outskirts of the Athabasca basin: Charlot -Neely Lake, Fontaine Lake, Snowbird, and South

Pendleton. The Company emphasizes responsible engagement with local communities and

stakeholders. It is committed to proactively implementing Good International Industry Practice

(GIIP) and sustainable health, safety, and environmental management.

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N BEHALF OF THE BOARD OF DIRECTORS

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erra Balcanica Resources Corp.

“Aleksandar Mišković”

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leksandar Mišković

President and CEO

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or the complete information on this news release, please contact Aleksandar Mišković at

[email protected], +1 (514) 796-7577 or visit www.terrabresources.com/en/news.

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autionary Statement

This news release contains certain forward- looking information and forward-looking statements

within the meaning of applicable securities legislation (collectively “forward -looking

statements”). The use of any of the words “will”, “intends” and similar expressions are intended

to identify forward-looking statements. Forward-looking statements contained in this press release

include, but are not limited to, the use of proceeds for the Offering. These statements involve known

and unknown risks, uncertainties and other factors that may cause actual results or events to differ

materially from those anticipated in such forward- looking statements. These forward-looking

statements are based on a number of assumptions which may prove to be incorrect including, but

not limited to, volatility and sensitivity to market prices; volatility and sensitivity to capital market

CSE: TERA | FRA: UB10 | OTCQB: TEBAF #1100 – 1111 Melville Street, Vancouver, BC, Canada V6E 3V6

fluctuations; and fluctuations in metal prices. Such forward- looking statements should not be

unduly relied upon. Actual results achieved may vary from the information provided herein as a

result of numerous known and unknown risks and uncertainties and ot her factors. The Company

believes the expectations reflected in those forward -looking statements are reasonable, but no

assurance can be given that these expectations will prove to be correct. The Company does not

undertake to update these forward-looking statements, except as required by law.