File: Attachment UNO NR 2025 09 16 Private Placement and Stock Option Grant.pdf

NORTHERN URANIUM CORP.

702 889 West Pender Street, Vancouver, BC V6C 3B2 / Tel: 604.799.8358

September 16, 2025 News Release

$500,000 PRIVATE PLACEMENT & STOCK OPTION GRANT

Northern Uranium Corp. (the "Company") (TSXV: UNO) September 16, 2025: The Company has agreed to a non-brokered private placement offering of 6,666,666 units in the capital of the Company at a price of $0.075 per unit for gross proceeds of $500,000. Each unit consists of one common share and one transferable warrant, each such warrant entitling the holder to purchase one additional share at a price of $0.10 per share for one year. A portion of the private placement will be on a flow-through basis. Those units will entitle holders to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada). Proceeds of the financing will be used for payment of debt, working capital and for property exploration. A finder's fee is payable on a portion of the private placement. The financing is subject to acceptance for filing by the TSX Venture Exchange.

The Company also announces the grant of a total of 590,000 stock options exercisable at $0.075 per share, for a three-year term. The options are granted pursuant to the Company's stock option plan and will be subject to applicable regulatory hold periods.

All further enquiries regarding the Company should be made to info@northernuraniumcorp.com and/or to 1.604.799.8358.

BY ORDER OF THE BOARD OF DIRECTORS OF NORTHERN URANIUM CORP.

PER: "Vincent Teo"

Vincent Teo, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.