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NSU.V ·

North Shore Uranium Announces Change of Transfer Agent

Corporate Actions

JULY 29, 2024 TSX-V:NSU

NORTH SHORE URANIUM ANNOUNCES CHANGE OF TRANSFER AGENT

North Shore Uranium Ltd. (TSX-V: NSU) (“North Shore” or the “Company”) announces that Computershare Investor Services Inc. (“Computershare”) has replaced Odyssey Trust Company (“Odyssey”) as the registrar and transfer agent of the Company effective August 5, 2024. Shareholders need not take any action in respect of the change in transfer agent.

All inquiries and correspondence relating to shareholders’ records, transfer of shares, lost certificates, or change of address should now be directed to Computershare as follows:

Computershare Investor Services Inc.

3rd Floor – 510 Burrard Street Vancouver, British Columbia V6C 3B9 Phone: +1 (604) 661-9400 Fax: +1 (604) 661-9549 Email: [email protected] Website: www.computershare.com

Change of Escrow Agent

In connection with the appointment of Computershare as transfer agent, the Company, Odyssey and Computershare have also entered into two escrow assumption agreements dated August 5, 2024, pursuant to which Computershare will assume the TSX Venture Exchange Form 2F – Amended CPC Escrow Agreement dated March 22, 2022, between the Company, Odyssey, and certain escrowed shareholders of the Company, and the TSX Venture Exchange Form 5D – Value Security Escrow Agreement between the Company, Odyssey, and certain escrowed shareholders of the Company. Computershare will act as escrow agent and disbursing agent for the Company’s shares that are escrowed under each of these agreements.

About North Shore Uranium

The near-term business objectives of North Shore Uranium are to become a major force in exploration for economic uranium deposits in Saskatchewan’s Athabasca Basin, a tier-one jurisdiction for discovering new mineable high-grade uranium deposits. The Company will work to achieve those objectives by conducting exploration programs on its two properties, Falcon and West Bear, located 90 kilometres apart at the eastern margin of the Athabasca Basin, and by evaluating opportunities to increase its portfolio of properties in the region.

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ON BEHALF OF THE BOARD

Brooke Clements, President, Chief Executive Officer and Director

For further information:

Please contact: Brooke Clements, President, Chief Executive Officer and Director Telephone: 604.536.2711 Email: [email protected] www.northshoreuranium.com

Neither the 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 release.

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Forward-Looking Statements

This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “project”, “appear”, “interpret”, “coincident”, “potential”, “confirm”, “suggest”, “evaluate”, “encourage”, “likely”, “anomaly”, “continuous” and variations of these words as well as other similar words or statements that certain events or conditions “could”, “may”, “should”, “would” or “will” occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current and planned exploration activities including the potential for the definition of a mineral deposit of potential economic value within Falcon; that drilling results, geophysical survey results and/or interpretations thereof are defining potentially mineralized corridors; results from future exploration programs including drilling; interpretation and meaning of completed and future geophysical surveys; conclusions of future economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in grades of mineralization and/or future actual recovery rates; accidents, labour disputes and other risks of the mining industry; the availability of sufficient funding on terms acceptable to the Company to complete the planned work programs; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated, or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.