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TRR.V ·

Terra Rossa Announces Stock Option Grants

Corporate Updates

Terra Rossa Announces Stock Option Grants

VANCOUVER, British Columbia, May 11, 2026 -- Terra Rossa Gold Ltd. (TSXV:TRR) (OTCQB:TRGXF), (“Terra Rossa” or the

“Company”)   is pleased to announce it has granted an aggregate of 3,350,000 stock options (the “ Options”) to directors,

officers, and consultants of the Company to purchase 3,350,000 common shares (the “Shares”) in the capital of the Company

pursuant to the Company’s share option plan (the “ Option Grant ”). The Options will have a one-year vesting period and are

exercisable at an exercise price of $0.50 per Share for a period of five years from the date of grant.

About Terra Rossa Gold Ltd.

The Company is a gold exploration and development corporation with an experienced mine development team. A local

exploration and administration team is in place in Colombia, and the Company also has a local community relations office in

the town of Vetas. Current Board and Management is focused on building shareholder value through the advanced exploration

and subsequent development of the Vetas gold project.

On Behalf of the Board of Directors

Carter Smith, Chief Executive Officer & Director

T: 604-848-4138 or [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release includes “forward-looking statements” within the meaning of applicable securities legislation. Forward-

looking statements relate to information that is based on assumptions of management, forecasts of future results, and

estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans,

projections, objectives, assumptions, or future events or performance are not statements of historical fact and may be

“forward-looking statements”. Forward-looking statements are subject to a variety of risks and uncertainties which could cause

actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks

related to regulatory approvals, risks related to maintenance of stock exchange listings, risks related to obtaining adequate

financing on a timely basis, political and regulatory risks, and other risks and uncertainties related to the Company’s business

detailed elsewhere in the Company’s disclosure record. Additional information on these and other risk factors can be found in

the Company’s continuous disclosure documents available under its profile on SEDAR+ at www.sedarplus.ca. Investors are

cautioned that any such statements are not guarantees of future performance and that actual results or developments may

differ materially from those projected in the forward-looking statements. Such forward-looking information represents

management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and

actual future results may vary materially. These forward-looking statements are made as of the date hereof and the Company

does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results

could differ materially from the Company’s expectations or projections.