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Noram Ventures Inc (2)
Symbol NRM
Shares Issued 19,783,733
Close 2018-08-28 C$ 0.14
Recent Sedar Documents

ORIGINAL: Noram Ventures increases private placement to $1.05M

2018-08-29 15:36 ET - News Release

Received by email:

File: NRM $1M PP.docx



News Release  

NORAM INCREASES PRIVATE PLACEMENT TO $1,050,000
Vancouver, British Columbia - August 29th, 2018 - Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) ("Noram" or the "Com
--->pany") is pleased to announce the increase in the previously announced private placement from $750,000 to a gross tota
--->l of $1,050,000.  
 Further to the news release dated August 20th 2018 and due to an overwhelming response, Noram will be increasing the 
--->private placement from a gross proceeds of $750,000 to a gross proceeds of $1,050,000. The placement is a unit offerin
--->g of up to 10,000,000 units at a price of $0.105 per unit. Each unit will be comprised of one common share and one tra
--->nsferable share purchase warrant exercisable at a price of $0.14 for two years from the date of TSX Venture Exchange a
--->pproval (the "Approval Date"). 
Additionally, the Company will be offering a Finder's Fee of 8% cash and 8% warrants where applicable. Finder's warran
--->ts will have the same terms as the aforementioned warrants. All shares will be subject to a four month and a day hold 
--->from the Approval Date. This transaction remains subject to TSX Venture Exchange approval.
 For further information, please visit www.noramventures.com.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ "Mark Ireton"
President & Director
Direct: (604) 761-9994
mark@noramventures.com
   This news release contains projections and forward-looking information that involve various risks and uncertainties
---> regarding future events.  Such forward-looking information can include without limitation statements based on current
---> expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Compan
--->y.  The following are important factors that could cause the Company's actual results to differ materially from those 
--->expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty 
--->of access to additional capital.  These risks and uncertainties could cause actual results and the Company's plans and
---> objectives to differ materially from those expressed in the forward-looking information.  Actual results and future e
--->vents could differ materially from anticipated in such information.  These and all subsequent written and oral forward
--->-looking information are based on estimates and opinions of management on the dates they are made and expressed qualif
--->ied in their entirety by this notice. The Company assumes no obligation to update forward-looking information should c
--->ircumstance or management's estimates or opinions change. 
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.
   



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