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Noram Lithium Corp.
Suite 2150 - 555 West Hastings Street
Vancouver BC V6B 4N6
T: 604.553.2279
ir@noramlithiumcorp.com

NEWS RELEASE
NORAM ANNOUNCES STRATEGIC ADDITION TO THE ADVISORY BOARD; PRE-FEASIBILITY STUDY IN FINAL STAGES
Vancouver, British Columbia - October 6, 2022 - Sandy MacDougall, CEO of Noram Lithium Corp. ("Noram" or the "Company"
--->) (TSXV: NRM | OTCQB: NRVTF | Frankfurt: N7R) is pleased to announce the appointment of Dr. Vahid Sohrabi, Senior Hydr
--->ogeologist/Geochemist to the Advisory Board. 
Founder and CEO Mr. MacDougall states: "As we accelerate and finalize a new updated resource model and subsequent pref
--->easibility study in Q4 of 2022, we are pleased to add Dr. Sohrabi to Noram's advisory board, and add further strength 
--->to our technical team in the important components of hydrogeology and geochemistry. Dr. Sohrabi, is a respected leader
---> as a hydrogeologist/geochemist and geoscientist, and brings an extensive ESG-friendly environmental, groundwater, sur
--->face water and soil-related global expertise. We look forward to Dr. Sohrabi's significant contributions in assisting 
--->the Company with the completion of the upcoming prefeasibility and definitive feasibility studies of the Zeus Lithium 
--->Deposit."
Dr. Sohrabi is a Senior Hydrogeologist/Geochemist at Ecoventure and has more than 19 years of experience in the field 
--->of environmental services in Canada and internationally. He earned his Ph.D. with a major in hydrogeology/geochemistry
---> from the University of Waterloo, Ontario, Canada. 
Dr. Sohrabi has been involved in numerous mining/oil and gas/environmental projects including different resource proje
--->cts in the O&G and Mining industries. His hydro-geochemical knowledge and environmental management expertise have been
---> instrumental in a wide array of resource projects in different stages of their lifecycle, including the design of fea
--->sibility studies of mines and mineral processing units. 
More recently Dr. Sohrabi has been involved in several lithium projects and played a major role in the feasibility stu
--->dy of lithium brine projects in the Middle East by contributing to the field program testing design, the onsite trial 
--->management, the result evaluations and the decision-making for ongoing activities of such deposits, in addition to the
---> final mine development planning. 
About Noram Lithium Corp. 

Noram Lithium Corp. is a well-financed, development-stage junior mining company based in Vancouver, Canada. 

The company's flagship asset is the Zeus lithium project, located in Clayton Valley, Nevada. The Zeus project contains
---> a current NI 43-101 measured and indicated resource estimate of 363 million tonnes grading 923 ppm lithium, and an in
--->ferred resource of 827 million tonnes grading 884 ppm lithium utilizing a 400 ppm Li cut-off. 

In December, 2021, a robust PEA indicated an after-tax net present value (8 per cent) of $1.3-billion (U.S.) and an in
--->ternal rate of return of 31 per cent using $9,500 (U.S.) per tonne lithium carbonate equivalent (LCE). Using the LCE l
--->ong-term forecast of $14,000 (U.S.) per tonne, the PEA indicates an after-tax NPV (8 per cent) of approximately $2.67-
--->billion (U.S.) and an IRR of 52 per cent at $14,250 (U.S.) per tonne LCE.

Noram is aggressively advancing its Zeus lithium project through the development-stage level towards the completion of
---> a prefeasibility study in Q4 2022.

Please visit our website for further information: www.noramlithiumcorp.com. 

ON BEHALF OF THE BOARD OF DIRECTORS 

Sandy MacDougall 
Founder, Chief Executive Officer and Director
sandy@noramlithiumcorp.com  
C: 778.999.2159

For additional information please contact:
Peter A. Ball
President and Chief Operating Officer
peter@noramlithiumcorp.com
C: 778.344.4653

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release may contai
--->n 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 d
--->iffer materially from those expressed or implied by such forward-looking information. Forward-looking information in t
--->his news release includes statements regarding, among other things, the completion transactions completed in the Agree
--->ment. Factors that could cause actual results to differ materially from such forward-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 wil
--->l be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of th
--->e 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 otherwise, other than as required by applicable securities laws. *Updated
---> Lithium Mineral Resource Estimate, Zeus Project, Clayton Valley, Esmeralda County, Nevada, USA (August 2021) **Prelim
--->inary Economic Assessment Zeus Project, ABH Engineering (December 2021).