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 approval, 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 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 (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