Mr. Vincent Teo reports

TRADING REINSTATEMENT

Northern Uranium Corp.'s shares will be reinstated to trading effective on or about Sept. 13, 2025, following the completion of a reinstatement review by the TSX Venture Exchange.

The TSX-V had suspended trading in the company's securities as a result of the cease trade order (CTO) issued by the British Columbia Securities Commission (BCSC) on May 7, 2025. The CTO was issued by the BCSC as the company had not yet filed its annual audited financial statements for the year ended Dec. 31, 2024, annual management discussion and analysis (MD&A) for the year ended Dec. 31, 2024, and certification of annual filings for the year ended Dec. 31, 2024. The CTO was revoked on June 2, 2025, after the financial statements, MD&A, and certification were filed by the company.

The company is also pleased to announce that it intends to advance exploration and development on its Northwest Manitoba uranium project.

The company further announces that, at this time, it is not proceeding with the private placement announced on May 7, 2025.

The company will issue an update news release should any material developments occur concerning the company.