File: Attachment 20260409_BSKY_NR_Announces Amendments to Loan Agreements.pdf

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BLUSKY CARBON ANNOUNCES AMENDMENTS TO LOAN AGREEMENTS

April 9th, 2026, VANCOUVER, British Columbia / BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF) (FWB: QE4 /WKN A401NM) ("BluSky" or the "Company"), announces certain amendments to its existing debt facilities.

The Company has amended the loan agreement with its arm's-length lender (the "Lender"), as referenced in the Company's news release dated August 13, 2025, increasing the principal amount of the loan to US$5,680,000 with a maturity of 6 months from the advance date (the "Amended Loan Agreement"). Final deployment of funds under the Amended Loan Agreement remains subject to the due diligence and sole discretion of the lender.

The additional proceeds will be used to satisfy existing liabilities and for general corporate purposes. There will be no finder's fees or commissions payable in connection with these amendments.

Further, the Company has amended the terms of the secured debenture entered into on February 11th, 2025 by extending its maturity date to September 30, 2026 in consideration for payments totaling US$400,000, which payments have been made, and an extension fee of US$150,000.

In addition, the Company has amended the terms of its convertible debenture financing entered into on February 14th, 2025, increasing the principal amount from CAD$750,000 to CAD$900,000 in consideration for the waiver of certain default rights by the holder.

The security described herein has 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 except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any securities in the United States.

About BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF) (FWB: QE4 /WKN: A401NM) BluSky is a renewable energy company that is in the business of putting Carbon back into the ground where it belongs! The Company converts organic and industrial waste into biochar, renewable power and carbonate rocks, as well as the development and sale of carbon capture technology. BluSky's primary objectives are to (1) construct carbon removal equipment; (2) sell the biochar produced by the carbon removal equipment; and (3) sell carbon credits generated from the production of biochar. The Company's business model is based on the growing need for carbon neutrality and demand to reduce CO2 emissions.

BluSky Carbon is publicly listed in Canada on the CSE with the trading symbol BSKY, on the OTCQB as BSKCF, and in Frankfurt, Germany (FWB) with the identifier QE4. BluSky's public filings and related documents are available on the Company's profile page on SEDAR+ at www.sedarplus.ca. For more information about the Company, please visit https://bluskycarbon.com/, watch our video, and sign up to receive news alerts or join us on social media at Facebook, X (formerly twitter), Instagram, or LinkedIn.

ON BEHALF OF THE COMPANY

William ("Will") Hessert Chief Executive Officer

BluSky Carbon Inc. 35 Research Parkway, Old Saybrook, CT, 06475 Tel. (860) 577-2080 Web, https://bluskycarbon.com/ Email. info@bluskycarbon.com

Forward Looking Information

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or" should" occur or be achieved. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the debt settlement transaction and the receipt of all necessary regulatory and other approvals, are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward- looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to obtain the necessary approvals in connection with the Agreement and the transactions contemplated thereby; regulatory requirements being maintained; general business, economic and political conditions; the Company's ability to successfully execute its plans and intentions; the Company's ability to attract and retain skilled staff; market competition; the products and technology offered by competitors; that good relationships with governmental authorities, contractual counterparties, service providers and other third parties will be established and maintained; continued growth of the carbon capture technology industry and positive public opinion with respect to the carbon capture technology industry. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward- looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward- looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.