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TERA.CN ·

Terra Balcanica Dually Lists ON Frankfurt Stock Exchange

Listings & Exchange

TERRA BALCANICA DUALLY LISTS ON FRANKFURT STOCK EXCHANGE

Vancouver, British Columbia – December 28th, 2022 – Terra Balcanica Resources Corp.

(“Terra” or the “Company”) (CSE:TERA) is pleased to announce that it became dually listed

issuer on the Frankfurt Stock Exchange as of the 23rd of December 2022.

Frankfurt Stock Exchange Listing

Terra has become a dual -listed company by commencing trading on the Frankfurt Stock

Exchange (“FSE”) under the code “ UB1”. The F SE listing enlarges the Company’s investor

reach and increases its exposure to European markets at a crucial time in its development.

Terra Balcanica CEO, Dr. Aleksandar Mišković, comments: “In line with our growth

strategy, we are pleased to have listed on the FSE to broaden our stakeholder engagement on

the continent where explore for critically needed metals. We look forward to expanding our

network of stakeholders and welcom e new retail a s well as institutional investors to our

Company while we advance polymetallic exploration across the Balkans.”

About the Company

Terra Balcanica is a polymetallic exploration company targeting large -scale mineral systems

in the Balkans of southeastern Europe. The Company has 90% interest in the Viogor -Zanik

Project in Bosnia and Herzegovina, 100% of the Kaludra and Ceovishte mineral exploration

licences in southern Serbia. 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.

ON BEHALF OF THE BOARD OF DIRECTORS

Terra Balcanica Resources Corp.

“Aleksandar Mišković”

Aleksandar Mišković

President and CEO

For further information, please contact [email protected], or visit our website

at www.terrabresources.com.

Cautionary 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. 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. 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 know n and unknown risks and

uncertainties and other 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.