Mr. Robert Gaylor reports

CLINCH RESOURCES LTD. ANNOUNCES LISTING ON TORONTO STOCK EXCHANGE

Effective today, the common shares of Clinch Resources Ltd. will commence trading on the Toronto Stock Exchange under the ticker symbol CLCH.

The listing follows the closing of Clinch's reverse takeover (RTO) and concurrent $46-million (U.S.) financing and 38.8-per-cent indirect acquisition of JJ Resources Inc., owner of the fully permitted 24,000-acre Sewell Mountain mid-vol metallurgical coal mine in West Virginia.

Clinch intends to use the net proceeds of the financing to develop its large met coal project, ARI, which has an estimated measured and indicated mineral resource of approximately 111 million tons of met coal located over 54,000 acres with an extensive drill history and verified geological continuity (approximately 64 million tons of measured resources and 47 million tons of indicated resources. For further breakdown, refer to the attached tables). The company also plans to use the financing's net proceeds for general and administrative expenses and working capital.

Management commentary

"We are excited to complete the RTO and concurrent offering and to become a public entity by listing our shares on the TSX," said Clinch chief executive officer Jon Nix. "Met coal, which is essential for steelmaking and is in tight supply due to permitting constraints, has recently seen pricing support strengthen due to strong global demand.

"These factors, as well as the addition, in November, 2025, of met coal to the U.S. Department of Interior's critical mineral list, will contribute, we believe, to a stronger global market demand for met coal."

The U.S. Department of Interior's Critical Mineral List comprises about 60 minerals considered crucial for the economic well-being of the global economy -- and whose supply may be at risk due to geological, economic or geopolitical circumstances. "It is exciting to be the newest met coal producer in the U.S. at a time where the commodity has gone from targeted to protected," said Clinch executive vice-president of capital development and investor relations Robert Gaylor.

Technical information

Please see the technical report in respect of the ARI project entitled "Pre-Feasibility Technical Report on the Coal Resource and Coal Reserve Controlled by Active Resources Inc., West Virginia, USA -- Prepared in Accordance with National Instrument 43-101 for Disclosure for Mineral Projects" dated Dec. 15, 2025, with an effective date of June 30, 2025, for further details, which is available for review under the company's SEDAR+ profile.

The scientific and technical information contained in the technical report, some of which is included herein, has been reviewed and approved by Justin S. Douthat, PE, MBA, Michael G. McClure, CPG, Timothy J. Myers, PE, John W. Eckman, CPG, David J. McChesney, PE, and Dr. Chad M. Sechrist, PhD, PE, MBA, of Marshall Miller & Associates Inc. Each of Mr. Douthat, Mr. McClure, Mr. Myers, Mr. Eckman, Mr. McChesney and Dr. Sechrist is a qualified person and independent of the company with the meanings ascribed to those terms under NI 43-101.

About Clinch Resources Ltd.

Clinch Resources is a Tennessee-based metallurgical mining company with its corporate office located in Knoxville, Tenn., and operations in West Virginia. The company will supply high-quality coking coal to steel-based manufacturing facilities both domestically and for critical global infrastructure. Clinch is currently opening its first two mines.

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