Mr. Murray Nye reports

FIRST AMERICAN URANIUM ANNOUNCES CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT OF SHARES

Further to the news releases of Aug. 14 and Aug. 29, 2025, First American Uranium Inc. has closed the second tranche of the previously announced non-brokered private placement of common shares in the capital of the company by the issuance of 1,611,000 shares at 30 cents per share for gross proceeds of $483,300. The company expects to close a third and final tranche of the offering on or before Oct. 1, 2025.

In connection with the second tranche, the company paid finders' fees to eligible finders consisting of $13,020 in cash and 43,400 common share purchase warrants. Each finder's warrant is exercisable to acquire one share at an exercise price of 30 cents per share for a period of 24 months from the date of issuance.

All securities issued in connection with the first tranche are subject to a statutory hold period of four months plus a day ending on Jan. 20, 2026, in accordance with applicable securities legislation and policies of the Canadian Securities Exchange.

The company intends to use the net proceeds from the offering to finance exploration work programs, mineral property acquisitions, marketing and general working capital purposes.

About First American Uranium Inc.

First American Uranium is engaged in the business of mineral exploration and the acquisition of mineral property assets in North America. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration programs on the Silver Lake property. The Silver Lake property is situated around Goosly Lake and approximately 30 kilometres southeast of the town of Houston in the Omineca mining division, British Columbia.

We seek Safe Harbor.