Noram Ventures Announces Financing

FOR IMMEDIATE RELEASE

Noram Ventures Announces Financing

Vancouver, British Columbia – October 5, 2015 – Noram Ventures Inc. (TSX-V: NRM) ("Noram" or the "Company") announces that it intends to carry out a non-brokered private placement financing to raise gross proceeds of up to $200,000 (the "Financing").

The Financing will consist of up to 20,000,000 units of the Company (each, a "Unit") at a price of $0.01 per Unit. Each Unit will consist of one common share and a non-transferable warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.05 per share for a period of 24 months following the closing date.

The net proceeds from the Financing will be used for the Company’s exploration programs and for general working capital purposes.

The Financing was granted a discretionary pricing wavier by the TSX Venture Exchange and is subject to TSX Venture approval. All securities issued in connection with this Financing will be subject to a four-month hold period in accordance with securities regulation.

About Noram Ventures Inc.:

Noram Ventures Inc. (TSX-V: NRM) is a Canadian based company with a project generator business model. Although the Company’s primary business focus since formation has been the exploration of mineral properties it is now seeking new business opportunities that offer the potential for near term cash flow to create shareholder value. For further information, please visit www.noramventures.com.

Corporate Communications contact:

Greg Lytle Direct: (604) 839-6946, Email: [email protected]

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ “David W. Rees”

President & Director

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NEITHER THE TSX VENTURE EXCHANGE, NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Noram Ventures Inc.

12835 Gilden Road, Madeira Park, BC Canada V0N 2H1 Tel.: 604.290.5696 | Website: www.noramventures.com | email: [email protected]