07:56:51 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Noram Ventures Inc (2)
Symbol NRM
Shares Issued 43,481,802
Close 2020-07-10 C$ 0.10
Market Cap C$ 4,348,180
Recent Sedar Documents

ORIGINAL: Noram Ventures arranges $270,000-unit private placement

2020-07-10 17:33 ET - News Release

Received by email:

File: Attachment NRM - Announce $0.075 PP NR (07.10.20).pdf

  TSX.V: NRM
  Frankfurt: N7R
  OTCPINK: NRVTF




FOR IMMEDIATE RELEASE

              NORAM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia   July 10, 2020   Noram Ventures Inc. ("Noram") (TSX - Venture: NRM /
Frankfurt: N7R / OTCPINK: NRVTF) is pleased to announce that it intends to proceed with a private
placement to raise up to $270,000 by selling up to a maximum of 3,600,000 units at a price of $0.075 per
unit. Each unit sold will contain one (1) common share and one (1) transferrable share purchase warrant.
Each warrant will be exercisable at a price of $0.10 for a period of five (5) 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 issuamce,
in accordance with applicable securities legislation.

About Noram Ventures Inc.

Noram Ventures Inc. (TSX - Venture: NRM / Frankfurt: N7R / OTCPINK: NRVTF) is a Canadian based
junior exploration company, with a goal of developing lithium deposits and becoming a low - cost supplier.
The Company's primary business focus since formation has been the exploration of mineral projects.
Noram's long term strategy is to build a multi-national lithium minerals company to produce and sell lithium
into the markets of Europe, North America and Asia.

Please visit our web site for further information: www.noramventures.com

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ "Anita Algie"
Chief Financial Officer
Direct: (604) 553-2279


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release. 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 op
--->portunities to differ materially from those expressed
or implied by such forward-looking information. Forward-looking information in this news release includes statements r
--->egarding, among other things, the completion
transactions completed in the Agreement. Factors that could cause actual results to differ materially from such forwar
--->d-looking information include, but are not limited
to, regulatory approval processes. 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 pl
--->aced 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 any intention or obligation
to update or revise any forward-looking information, whether as a result of new information, future events or otherwis
--->e, other than as required by applicable securities
laws.
 


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