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NIOB.CN ·

Appointment of Clyde McMillan as VP of Exploration

Management Changes

First American Uranium Inc. Appoints Clyde McMillan as Vice

President of Exploration and Advances Quebec Critical Mineral

Strategy

Vancouver, British Columbia – November 19, 2025 – First American Uranium Inc. (CSE:

NIOB) (FSE: IOR) (OTC QB: NIOMF) (“First American Uranium” or the “Company”) is

pleased to announce the appointment of Clyde McMillan, P.Geo., as Vice President of Exploration

(VP of Exploration).

Mr. McMillan is a Professional geologist with 10 years of mineral exploration experience, with

expertise across Quebec’s most prolific mining districts. His industry background includes roles

at Azimut Exploration and Osisko Mining, followed by three years in a senior technical position

at Benz Mining . His experience spans gold–copper vein systems, lithium pegmatites, and

niobium–rare earth deposits and includes an important contribution to the team that helped triple

the gold resources at the Eastmain Mine.

As Vice President of Exploration, Mr. McMillan will lead First American Uranium’s exploration

strategy across its growing portfolio of critical -mineral assets. His responsibilities will include

program design, technical oversight, target generation, and advancing the Company’s Quebec

exploration initiatives. Mr. McMillan’s experience in both precious and critical minerals

strengthens First American Uranium’s technical leadership and supports its strategy to unlock the

potential of its land position within the Grenville geological province.

“We are very pleased to welcome Clyde McMillan as our Vice President of Exploration. His

extensive track record and technical leadership will strengthen our exploration program and ensure

that our disclosures are of the highest standard,” said Murray Nye, CEO of First American

Uranium. “The Grenville Province of Quebec offers exceptional potential for critical mineral

discoveries and offers entry into a world- class jurisdiction close to the U.S border. With rising

demand for rare earths and niobium, this land package positions us to build long-term shareholder

value while aligning with U.S / Canadian initiatives to strengthen domestic critical minerals supply

chains.”

ABOUT FIRST AMERICAN URANIUM INC.

First American Uranium Inc. is a North American mineral exploration company focused on the

acquisition and development of precious, base, and critical mineral assets. Its portfolio includes

the Silver Lake property in British Columbia’s Omineca Mining Division and a recently acquired

land package in Quebec’s Grenville Province. The Quebec properties add exposure to rare earth

elements (REE), niobium (Nb), and nickel-copper (Ni-Cu) occurrences, expanding the Company’s

footprint into critical minerals that are strategically important for energy and defense applications.

ON BEHALF OF THE BOARD OF DIRECTORS:

Murray Nye

Chief Executive Officer

1055 West Georgia Street, Suite 1500

Vancouver, BC V6E 0B6

Canada

For further information, please contact:

Murray Nye, CEO

Email: [email protected]

Phone: +1 (647) 984-4204

CSE:NIOB

OTCQB: NIOMF

FSE:IOR

This news release does not constitute an offer to sell or a solicitation of an offer to buy any

securities in the United States. The securities described herein have not been and will not be

registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”),

or any applicable state securities laws, and may not be offered or sold within the United States or

to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act

and applicable state securities laws, or pursuant to an available exemption from such registration

requirements.

Forward-Looking Statements

This news release contains “forward -looking statements” within the meaning of applicable

Canadian securities legislation. All statements in this release, other than statements of historical

fact, that address events, results, outcomes or developments that the Company expects, anticipates

or intends to occur in the future, or that otherwise reflect management’s expectations or beliefs

about future events, are forward- looking statements. Forward- looking statements are generally,

but not always, identified by the use of words and phrases such as “expects,” “plans,” “anticipates,”

“believes,” “intends,” “estimates,” “projects,” “potential,” “opportunity,” “strategy,” “target,”

“forecast” and similar expressions, or statements that events, conditions or results “will,” “would,”

“may,” “could,” or “should” occur or be achieved.

Forward-looking statements in this release include, but are not limited to: (i) statements regarding

the Properties and their mineral prospectivity; (ii) the Company’s planned exploration,

development and evaluation activities on the Properties; (iii) the anticipated benefits of the

Acquisition, including the expansion of the Company’s exploration portfolio, increased exposure

to critical mineral targets, and the potential to enhance long -term shareholder value; and (iv) the

potential for the Grenville Province to host significant rare earth element, niobium, nickel-copper

or other critical mineral deposits. Such forward- looking statements are based on the Company’s

current plans, intentions, expectations and beliefs and are subject to certain assumptions, including,

without limitation, assumptions that required regulatory approvals will be obtained in a timely

manner, that financing will be available on reasonable te rms, and that exploration results will

continue to support the prospectivity of the Properties.

Although the Company believes the expectations expressed in such forward- looking statements

are reasonable, such statements are not guarantees of future performance or outcomes and actual

results may differ materially from those expressed or implied in the forward-looking statements.

Factors that could cause actual results to differ materially from those anticipated include, but are

not limited to: the timing and receipt of required regulatory approvals; changes in commodity

prices and market conditions; the availability of capital and financing on acceptable terms; general

economic, business and political conditions; risks inherent in mineral exploration and

development, including operational risks, geological uncertainties, environmental risks and

accidents; changes in government regulation or policy; and the speculative nature of mineral

exploration and development. Additional information regarding risks and uncertainties faced by

the Company is available in the Company’s public disclosure record on SEDAR+

(www.sedarplus.ca).

Readers are cautioned that forward-looking statements are not guarantees of future performance,

and undue reliance should not be placed on them. The forward- looking statements contained in

this release are made as of the date hereof and are based on information currently available and

management’s beliefs, estimates, expectations and opi nions at that time. Except as required by

applicable securities laws, the Company undertakes no obligation to update or revise any forward-

looking statements, whether as a result of new information, future events or otherwise.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of

this release and has neither approved nor disapproved the contents of this press release