Company Announcements

CSE: GNEM

VANCOUVER, BC , July 28, 2025 /CNW/ - Great Northern Energy Metals Inc. ("GNEM" or the "Company") (CSE: GNEM) is pleased to announce that effective July 31, 2025, the Company will change its name to "American Atomics Inc." to better reflect the Company's business (the "Name Change").

"We are excited to announce our name change and new ticker symbol. This is another step completed in our plans to advance our projects in the US and to assist in positioning us as more than a uranium miner but a company committed to being a participant in the global nuclear energy fuel cycle" stated David Mitchell CEO.

Subject to final approval of the Canadian Securities Exchange (the "CSE"), it is anticipated that the common shares in the capital of the Company (the "Shares") will commence trading on the CSE under the new name on July 31, 2025, with the new stock symbol "NUKE". There is no consolidation or change in the Company's share capital contemplated in connection with the Name Change.

The Name Change and stock symbol was approved by the board of directors of the Company in accordance with the Company's governing corporate legislation, the Business Corporations Act (British Columbia), and the Company's constating documents. Shares certificates bearing the previous company name "Great Northern Energy Metals Inc." continue to be valid in the settlement of trades and will only be replaced with certificates bearing the new name upon transfer. The Company is not requesting, and shareholders are not required to, exchange their existing share certificates for new certificates bearing the new Company name.

On Behalf of the Board of Great Northern Energy Metals Inc.

"David Mitchell"

CEO & Director

About Great Northern Energy Metals Inc.

GNEM is a Canadian-based exploration and development company focused on securing and developing critical energy metals, including uranium. The Company's mission is to support the global transition to clean energy through responsible resource development.

www.greatnorthernenergymetals.com

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

SOURCE Great Northern Energy Metals Inc.