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File: NRM $1M PP.docx
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
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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