Kelowna, British Columbia – February 25, 2015 – Northern Uranium Corp. (TSXV: UNO) (the “Company”) announces that it intends to proceed with a private placement of its securities so as to raise up to $2,500,000 (the “Offering”). The Offering is to be comprised of a combination of flow through common shares of the Company at a price of $0.05 per share and non flow through units of the Company (the “Units”) at a price of $0.05 per Unit. Each Unit is comprised of one common share and one-half of a share purchase warrant with each whole warrant entitling the holder to acquire a further common share of the Company at a price of $0.10 per share for a term of 2 years.
