Mr. Charles Fipke reports

NORTHERN URANIUM - EARLY WARNING NEWS RELEASE

Charles E. Fipke of 203, 1634 Harvey Ave., Kelowna, B.C., V1Y 6G2, has filed an early warning report dated Aug. 4, 2015, advising of his holdings in Northern Uranium Corp.

Mr. Fipke, through C. Fipke Holdings Ltd., has acquired beneficial ownership and control of 12 million common shares of UNO at a price of 3.1 cents per common share, which securities were acquired by way of a private transaction. These securities represent 8.28 per cent of the issued and outstanding common shares of UNO.

Mr. Fipke now directly and indirectly has ownership and control over an aggregate of 55.5 million common shares and 500,000 options, representing 38.18 per cent of the issued and outstanding common shares of UNO, 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 UNO 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.