Noram Announces Appointment of President and Chief Operating Officer
TSX.V: NRM | Frankfurt: N7R | OTCQB: NRVTF
Noram Announces Appointment of President and Chief Operating Officer
Vancouver, British Columbia – December 1 , 2021 – Noram Lithium Corp. (“Noram” or the
“Company”) (TSX.V: NRM / Frankfurt: N7R / OTCQB: NRVTF) today announced the appointment
of Peter A. Ball as President and Chief Operating Officer. The addition of Mr. Ball strengthens
Noram’s Senior Management team as its 100%-owned Zeus Lithium Project in Nevada continues
to transition from an advanced exploration project to a potential company-making development-
stage asset with the imminent completion of its Preliminary Economic Assessment (“PEA”).
“We are excited to have Mr. Ball join our team as we transition from explorer to developer ,”
stated Mr. Sandy MacDougall, CEO of Noram Lithium. “Peter is an experienced capital markets
executive and brings with him field experience from years in the mining sector. Peter adds
considerable strength to our management team as we advance our Zeus Lithium Project toward
production.”
“I am thrilled to join the exceptional team at Noram Lithium at this key transformational period
of the Company’s advancement of its 100% owned high-grade Zeus Lithium Project,” commented
Mr. Peter A. Ball, Noram’s new President and COO. “I appreciate the opportunity to be a part of
Noram’s lithium development story and leverage the current global battery metals bull market.
At Noram, we are executing an aggressive and focused resource development strategy to fully
understand the economics of the Zeus Lithium Project. We believe t he upcoming PEA, which is
anticipated to be completed before the end of 2021, will clearly highlight to the market and global
lithium and battery metal investors that the Zeus Project has the potential to not only reach the
production stage, but significantly assist battery metal end-users tackle the demand/supply
crunch clearly evident over the next decade and beyond. The Zeus Project’s resource model
indicates a high -grade shallow lithium deposit located in Nevada, one of the top mining
jurisdictions globally, and is also immediately adjacent to the only Lithium producer in United
States. I look forward to contributing to what will be Noram’s biggest year ahead as we focus on
aggressively elevating the Zeus Lithium Project amongst our peers and rewarding our supportive
shareholders.”
Mr. Ball brings a progressive track record of proven leadership experience covering more than
thirty years in the mining and finance sectors. He has demonstrated competencies in the resource
industry on an international level, leveraging senior executive management roles in business,
engineering, finance, and securities. Mr. Ball has served in various management and senior
executive roles for numerous companies most recently in Nevada at NV Gold Corp., and including
Redstar Gold Corp., Columbus Gold Corp., Hudson Bay Mining & Smelting, Echo Bay Mines Ltd.,
RBC Dominion Securities and Eldorado Gold Corp. Mr. Ball is a graduate of the Haileybury School
of Mines, Georgian Business College and is a member of CIMM.
Noram has granted 1 ,000,000 incentive stock options to an officer and consultant of the
Company. The Options are exercisable at a price of $0.77 per share for a period of ten (10) years,
expiring on November 30, 2031. All options granted are in accordance with the Company’s 10%
Rolling Stock Option Plan, and subject to TSX Venture acceptance.
About Noram Lithium Corp.
Noram Lithium Corp (TSX.V: NRM / Frankfurt: N7R / OTCQB: NRVTF) is a Canadian based
advanced Lithium exploration stage company. Noram is aggressively advancing its 100%-owned
Zeus Lithium Project in Nevada from the current advanced resource stage to the development-
stage level through the completion of its Preliminary Economic Assessment by the end of 2021 .
The Company’s flagship asset is the Zeus Lithium Project (“Zeus”) , locate d in Clayton Valley,
Nevada. The Zeus Project contains a current 43-101 measured and indicated resource estimate
of 363 million tonnes grading 923 ppm lithium, and an inferred resource of 827 million tonnes
grading 884 ppm lithium utilizing a 400 ppm Li cut-off.
Noram’s long term strategy is to become a leader in the development of lithium deposits ,
become a low -cost producer and supplier, and sell lithium into the markets of Europe, North
America and Asia.
Please visit our web site for further information: www.noramlithiumcorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Sandy MacDougall
CEO and Director
Investor Relations Contact:
Rich Matthews
Managing Partner
Integrous Communications
+1 604 757 7179
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 forward -looking
information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors
that could cause actual events, res ults, performance, prospects and opportunities to differ materially from those expressed or
implied by such forward -looking information. Forward -looking information in this news release includes statements regarding,
among other things, the completion tran sactions completed in the Agreement. 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 pre paring 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, f uture events or otherwise, other than as required by applicable securities
laws.