Mr. Marc Branson reports

PROTIUM CLEAN ENERGY CORP. CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT OFFERING

Protium Clean Energy Corp. has closed its previously announced private placement offering (see press releases dated Jan. 12, 2026, and March 2, 2026).

In connection with the closing of the offering, the company issued 10.28 million units at a price of 10.5 cents per unit for total proceeds of $1,079,400. The offering as previously announced, contemplated a maximum of 10 million units reflecting an oversubscription of 280,000 units.

Each unit consists of one common share and one-half of one whole share purchase warrant. Each warrant is exercisable at a price of 14 cents per share for a period expiring two years from the date of issuance.

All securities issued in connection with the offering will be subject to a four-month-and-one-day statutory hold period.

Where applicable, the company paid a finder's fee of up to 10 per cent cash and 10 per cent warrants to eligible finders.

The proceeds of the offering will be used for hydrogen and mineral exploration as well as general working capital purposes.

Closing of the offering is subject to approval from the Canadian Securities Exchange.

We seek Safe Harbor.