Mr. David Rees reports

NORAM VENTURES GRANTS INCENTIVE STOCK OPTIONS

Noram Ventures Inc. has granted incentive stock options to buy 300,000 shares to certain of its directors. Such options may be exercised at the price of 18 cents until June 18, 2018. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from date of grant. The grant is subject to TSX Venture Exchange acceptance.

We seek Safe Harbor.