16:47:58 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Noram Lithium Corp
Symbol NRM
Shares Issued 88,907,611
Close 2023-06-01 C$ 0.68
Market Cap C$ 60,457,175
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Noram Lithium hires Creative Direct for marketing

2023-06-01 07:16 ET - News Release

Mr. Sandy MacDougall reports

NORAM LITHIUM ENGAGES CDMG FOR MARKETING SERVICES

Noram Lithium Corp. has engaged Creative Direct Marketing Group Inc. (CDMG) to provide the company with marketing services and to raise public awareness of the company.

"A leader in targeted advertising, Creative Direct Marketing Group, Inc is a full-service, direct response advertising and digital marketing agency with one goal in mind: increasing your response, market presence, and profits through 'accountable advertising.' For more than 40 years, we've helped turn entrepreneurial start-ups into large companies and large companies into multibillion-dollar businesses," commented CDMG.

"This is another significant step forward for Noram. The Zeus project is a U.S.-based project and yet Americans hold a relatively small market share. Engaging the expertise of CDMG, who hosts an enormously successful track record, will allow Noram to further establish its rightful place in the heart of the push for a clean energy economy. America's domestic supply of battery-grade lithium is an indispensable part of this goal, as evidenced by the late 2022 U.S. Department of Energy funding initiatives for domestic supply," said executive chairman Sandy MacDougall. "There is a vulnerability in the domestic supply chain and Noram is well positioned to be a key part of the solution."

Services to be provided by CDMG are anticipated to include investor awareness advertising over an initial term of 12 months commencing June 1, 2023, and continuing through May 31, 2024. CDMG has invoiced the company for an initial amount of $1,003,970 (U.S.) which is payable in tranches.

CDMG does not have any prior relationship with the company and is an arm's-length party. To the best of the company's knowledge, CDMG does not hold, directly or indirectly, any securities of the company or have any right to acquire any such securities. The proposed compensation for CDMG does not include any securities of the company.

About Noram Lithium Corp.

Noram Lithium is focusing on advancing its 100-per-cent-owned Zeus lithium project located in Clayton Valley, Nevada, an emerging lithium hub within the United States. With the upsurge in the electric vehicle and energy storage markets the company aims to become a key participant in the domestic supply of lithium in the United States. The company is committed to creating shareholder value through the strategic allocation of capital and is well financed with approximately $11-million (Canadian) in cash on March 31, 2023, and no debt.

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