Mr. Charles Fipke reports

Charles E. Fipke of 203, 1634 Harvey Ave., Kelowna, B.C., V1Y 6G2, has filed an early warning report dated March 30, 2015, advising of his holdings in Northern Uranium Inc.

Mr. Fipke, through C. Fipke Holdings Ltd., has acquired beneficial ownership and control of 20 million common shares of Northern Uranium at a price of five cents per common share, which securities were acquired by way of private placement. These securities represent 18.68 per cent of the issued and outstanding common shares of Northern Uranium.

Mr. Fipke now directly and indirectly has ownership and control over a total of 43.5 million common shares and 500,000 options, representing 40.91 per cent of the issued and outstanding common shares of Northern Uranium, assuming the exercise of the options held by Mr. Fipke.

The securities were acquired for investment purposes, and Mr. Fipke may acquire further securities of Northern Uranium in the future.

The securities were issued under an exemption from the prospectus requirements set out in Section 2.3 of National Instrument 45-106.

A copy of the report filed in accordance with applicable securities legislation may be obtained by contacting Keiven Bauer at 250-860-8582.