First American Uranium Announces Settlement of Debt by Issuance of Shares

• NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES -

Vancouver, British Columbia – August 20, 2025 – First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK: FAUMF) (the “Company”) announces, further to its news release of August 8, 2025, that it has issued 2,000,000 common shares in the capital of the Company (the “Shares”) at a deemed price of $0.205 per Share to three creditors (the “Creditors”) in settlement of debts totaling $410,000 (the “Shares for Debt Settlement”) for consulting, legal and administrative services provided to the Company by the Creditors, including $73,500 owed to a Director and Officer of the Company.

All Shares issued under the Shares for Debt Settlement are subject to a statutory hold period of four months plus a day ending on December 16, 2025, in accordance with applicable securities legislation and the policies of the Canadian Securities Exchange.

About First American Uranium Inc.

First American Uranium Inc. 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 km southeast of the town of Houston, in the Omineca Mining Division, British Columbia.

ON BEHALF OF THE BOARD

“Murray Nye”

Murray Nye, Chief Executive Officer

For further information, please contact: Telephone: (604) 961-0296

The CSE does not accept responsibility for the adequacy or accuracy of this release.

LEGAL_47401753.1