File: Attachment 2024 07 25 NRM Update links FINAL.pdf

Noram Lithium Corp. Suite 2150 555 West Hastings Street

Vancouver BC V6B 4N6 ir@noramlithiumcorp.com

NORAMPROVIDES UPDATE

Vancouver, British Columbia July 25, 2024 Noram Lithium Corp. ("Noram" or the "Company") (TSXV: NRM | OTCQB: NRVTF| Frankfurt: N7R) is pleased to provide an update on its 100%owned Zeus Lithium Project ("Zeus" or the "Project"), located in Clayton Valley, Nevada. "Noram is extremely proud of its progress to date. By defining the high-grade pit on the Zeus Property, we are now more confident than ever that no commercial production will be done in the valleywithout Zeus being at the centre ofit" stated Sandy MacDougall, Director. "We are currently in some of the worst markets we have seen, but as with all cycles, this will change. Despite the challenging conditions, the last couple months saw a number of strategic deals being done in the space and we expect to see more in the forthcoming months. The whole industry is ripe for consolidation. Noram has an extremely valuable asset that is well positioned in a still growing lithium market." According to Allan Pedersen, principal analyst for lithium with Wood Mackenzie, "the metallurgy of extracting lithium from clay (sediments) is more complex and less proven than from brine or hard rock sources," Pedersen said in an interview. "Despite their complexity and high capex, these projects are crucial for ensuring a stable, secure supply of lithium, reducing dependency on foreign sources, and supporting the broader goals of national security and economic growth." "The United States will consume about a million tonnes of lithium carbonate equivalent byearlynext decade," Ioneer managing director Bernard Rowe said in an interview. "Ensuring a secure and stable domestic supply is not just about bringing more lithium into the market; it's about national securityand maintaining a competitive edge in the global EV market." See the full article here https://www.mining.com/us-lithium-clay-projects-secure-backing-despite- extraction-hurdles/

*Zeus NI43-101 Technical Report, Mineral Resource Estimation effective date May15, 2024

https://www.sedarplus.ca/csa-party/records/document.html?id=9b92c6686873461e104e61247051714694795f5629dcf33a1e36cbb54c366e58 Will Adams, head of base metals research at Fastmarkets, warned of the sector's precarious state in his presentation at the conference. "The lithium market is in a difficult space --low prices are putting the brakes on development, when in realitythere is no time to waste," he said. In the long term, demand for lithium carbonate equivalent is set to increase to 2.5 million tonnes by 2030, a substantial difference from the 292,000 tonnes of demand recorded in 2020. https://www.nasdaq.com/articles/lithium-market-update-q2-2024-review

*Zeus NI43-101 Technical Report Mineral Resource Estimation effective date May15, 2024.

https://www.sedarplus.ca/csa-party/records/document.html?id=9b92c6686873461e104e61247051714694795f5629dcf33a1e36cbb54c366e58

Recently, Noram engaged Fundamental Research Corp. to provide an updated report on Noram. This report and coverage is available here: https://www.researchfrc.com/stocks/NRM.V/noram-lithium-corp

The Company also announces the resignation of Greg McCunn from the position of CEO and Director.

For additional information: Contacts: In Europe: VP Corporate Development simon.studer@noramlithium.com Elsewhere: Investor Relations at ir@noramlithiumcorp.com Website: www.noramlithiumcorp.com

ON BEHALF OF THE BOARD OF DIRECTORS Sandy MacDougall Director

About Noram Lithium Corp. Noram Lithium Corp. (TSXV: NRM| OTCQB: NRVTF | Frankfurt: N7R) is focusing on advancing its 100%-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 Companyis committed to creating shareholder value through the strategic allocation of capital. Qualified Person The technical information contained in this news release has been reviewed and approved by Brad Peek, M.Sc., CPG, who is a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and Vice President of Exploration for Noram.

Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibilityfor the adequacyor accuracyof this release.

Cautionary Statement Regarding Forward Looking Information

This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, plans for ongoing development of the Zeus Lithium Project. Factors that could cause actual results to differ materiallyfrom such forward- lookinginformation include, but are not limited to, regulatoryapproval processes, results offurther exploration work, and availabilityofcapital on terms acceptable to the Company. Although Noram believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Noram disclaims anyintention or obligation to update or revise anyforward-lookinginformation, whether as a result ofnewinformation, future events or otherwise, other than as required byapplicable securities laws.