Ms. Anita Algie reports
NORAM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Noram Ventures Inc. intends to proceed with a private
placement to raise up to $270,000 by selling up to a maximum of 3.6 million units at a price of 7.5 cents per
unit. Each unit sold will contain one common share and one transferrable share purchase warrant.
Each warrant will be exercisable at a price of 10 cents for a period of five years from the date of issuance.
Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and
regulatory approvals, including approval of the TSX Venture Exchange. All securities issued in connection
with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance,
in accordance with applicable securities legislation.
About Noram Ventures Inc.
Noram Ventures' goal is developing lithium deposits and becoming a low-cost supplier.
We seek Safe Harbor.
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