Noram Announces $74,650 Debt Settlement
TSX.V: NRM
Frankfurt: N7R
OTCBB: NRVTF
FOR IMMEDIATE RELEASE
NORAM ANNOUNCES $74,650 DEBT SETTLEMENT
Vancouver, B ritish Columbia – December 8th, 2017 – Noram Ventures Inc . (TSX -Venture: N RM and
Frankfurt: N7R) (“Noram” or the “Company”) announces that it has entered into settlement agreement s with
various creditors, pursuant to which the Company intends to settle an aggregate of $74,650 of debt in
consideration for the issuance of an aggregate of 1,493,000 common shares of the Company at an issued price of
$0.05 per common share.
The Company deteremined it will satisfy the indebtedness with common shares to preserve its cash for various
exploration expenditures already allotted to their Clayton Valley , Nevada and Aizaro, Argentian Properties in addition
to general working capital purposes. The completeion of the shares-for-debt settlement is subject to receipt of approval
of the TSX Venture Exchange. The common shares issued pursuant to the shares -for-debt settlement will be subject to
a statutory hold period of four months plus a day.
About Noram Ventures Inc.
Noram Ventures Inc. (TSX -V: NRM Frankfurt: N7R OTCBB: NRVTF ) is a Canadian based junior exploration
company, with a goal of becoming a force in the Green Energy Revolution through the development of lithium and
graphite deposits and becoming a low -cost supplier for the burgeoning lithium battery industry. The Company’s
primary business focus since formation has been the exploration of mineral projects that include lithium projects in the
Clayton Valley in Nevada, the Arizaro East mineral c laim located in the eastern portion of the Salar de Arizaro in
north- western Argentina and the Jumbo graphite property in British Columbia. Noram’s long term strategy is to build
a multi-national lithium-graphite dominant industrial minerals company to pr oduce and sell lithium and graphite 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/ “Mark R. Ireton”
President & Director
Direct: (604) 761-9994
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture Exchange)
accepts responsibility for the adequacy or accuracy of this release. This news release may contain fo rward-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 differ materially from th ose expressed or implied by such forward -looking information. Forward -
looking information in this news release includes statements regarding, among other things, the completion transactions compl eted in the
Agreement. Factors that could cause actual result s 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 will be obtained in a timely manner, undue reliance should not be placed 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 otherwise, other than as required by applicable securities laws.