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First American Uranium Announces Grant of Options

Share Capital & Compensation

First American Uranium Announces Grant of Options

Vancouver, British Columbia – October 22, 2025 – First American Uranium Inc. (CSE: URM) (FSE: IOR)

(OTCPK: FAUMF) (the “Company”) announces that pursuant to the Company’s Share Option Plan dated

August 10, 2023, and subject to regulatory approva l, the Company has granted 1,950,000 stock options

(the “Options”) to Directors, Officers and a Consultant. The Options are exercisable into common shares

in the capital of the Company ( the “Shares”) at an exercise price of $1.20 per Share for a period of five

years from the date of grant of the Options and vesting over 12 months. The Shares to be issued on the

exercise of the Options will be subject to a hold period of four months and a day from the date of grant

of the Options.

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 ar e

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 (416) 300-7398

CSE:URM

OTCPK:FAUMF

FSE:IOR

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