Canalaska agreement

December 22, 2014

Kelowna, British Columbia – December 22, 2014 – Northern Uranium Corp. (TSXV: UNO) (the “Company”) announces that further to its news release dated December 12, 2014 and pursuant to the terms of an option agreement signed with CanAlaska Uranium Ltd. (“CanAlaska”) dated September 23, 2014, as amended, the Company has issued 2,500,000 common shares and 1,250,000 warrants to CanAlaska with each warrant exercisable into common shares of the Company at an exercise price of $0.05 per share for a period of two years.

These securities are issued in connection with the right to earn a 70% interest in the project. In order to complete the acquisition of the 70% interest the Company must incur further
expenditures of $2,800,000 over the next two years.


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