Terra Clean Energy Corp. Applauds Utah's Mission Critical Policy Framework for Critical Minerals Announced by Governor Cox

Industry Overview - Utah's "Mission Critical" strategy aims to establish the state as the leading destination for critical mineral extraction and processing in the U.S. by approving five mining projects in 2026 and bringing a national lab by 2031 [1] - The U.S. Government has added uranium to its list of critical minerals, recognizing its importance to the economy, which may influence federal and state policies [2] Company Positioning - Terra Clean Energy Corp. is focused on developing its portfolio of U.S. uranium assets, particularly in Utah, to benefit from the new legislation [2] - The company is currently developing the South Falcon East uranium project, which contains an inferred resource of 6.96 million pounds of uranium within the Fraser Lakes B Deposit in Saskatchewan, Canada [3] - Terra also holds past producing uranium mines in Utah and exploration properties in Wyoming, enhancing its strategic positioning in the uranium market [3] Strategic Goals - "Mission Critical" aims to capture 25% of the critical mineral market share, reduce permitting timelines by 50%, and ensure that 50% of minerals extracted in Utah are processed within the state [2] - The CEO of Terra Clean Energy Corp. anticipates that 2026 will be a pivotal year for uranium, with a focus on expanding its uranium claims in Utah [2]