Mr. Jon Nix reports

CLINCH RESOURCES LTD. ANNOUNCES ACQUISITION OF SECOND EQUIPMENT SPREAD FOR LANES BRANCH SURFACE MINE

Clinch Resources Ltd. has acquired a second equipment spread for the Lanes Branch surface mining operation. The equipment will be fully deployed and in production in early September, 2026.

Management commentary

"Following our first production sold from our high-quality Lanes Branch surface mine in Wyoming county, West Virginia, we continue to validate our operational strategy with a second equipment spread to support our year-end production targets. This follows the recently purchased Cat HW 300 Highwall Miner mobilized to Lanes Branch, which starts production this month," said Jon Nix, Clinch chief executive officer.

About Clinch Resources Ltd.

Clinch Resources is a Tennessee-based metallurgical coal mining company with operations in West Virginia. The company will supply high-quality coking coal to steel manufacturers, both domestically and in seaborne export markets, for critical global infrastructure. Clinch is currently opening its first two mines.

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