News Release announcing close of private placement

July 30, 2015

Kelowna, British Columbia – July 30, 2015 – Northern Uranium Corp. (TSXV: UNO) (the “Company”) announces that, further to its news release of July 17, 2015, it has closed its private placement, issuing 12,000,000 flow through common shares (the “FT Shares”) at a price of $0.05 per FT Share for gross proceeds of $600,000 (the “Closing”). In connection with the Closing the Company paid finder’s fees in an aggregate amount of $48,000 and issued a total of 960,000 finder’s warrants, exercisable at $0.10 for a period of one year.

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