File: Attachment NR 2025 10 30 PP Closed.pdf

NORTHERN URANIUM CORP.

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

October 30, 2025 News Release

NORTHERN URANIUM CLOSES $500,000 FINANCING

Northern Uranium Corp. ("Northern Uranium") (TSX.V-UNO.H) has closed its previously announced private placement financing, issuing 6,666,661 units at $0.075 per unit for proceeds of $500,000. Each unit is comprised of one common share and one one-year transferable warrant with each warrant entitling the holder to purchase one additional share at a price of $0.10 per share. $70,000 was issued on a flow-through basis. The flow-through shares comprising the 933,333 flow-through units and 933,333 flow-through shares issuable upon exercise of the warrants comprising the flow-through units will entitle holders to receive 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 property exploration. The financing terms have been accepted for filing by the TSX Venture Exchange. The units are restricted from trading until March 1, 2026. A cash finder's fee of 6%, totaling $27,600, representing 6% of the gross proceeds from a portion of the financing, will be paid to T-Bone Ventures Inc. in accordance with TSX Venture Exchange policies.

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.