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NRM.V ·

Noram Announces Grant of Options

Share Capital & Compensation

TSX.V: NRM

Frankfurt: N7R

OTCBB: NRVTF

FOR IMMEDIATE RELEASE

NORAM ANNOUNCES GRANT OF OPTIONS

Vancouver, British Columbia – May 18th, 2018 – Noram Ventures Inc . (TSX-Venture: NRM and Frankfurt:

N7R) (“Noram” or the “Company”) is pleased to announce that it has granted 1,9 60,000 incentive stock options

(the “Options”) to directors, an officer and consultants of the Company. The Options are exercisable at a price

of $0.18 per share for a period of ten (10) years, expiring on May 18, 2028. All options granted are in accordance

with the Company’s 10% Rolling Stock Option Plan, that was approved by shareholders on June 6, 2017.

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 claim 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 produce 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

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. 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, results, performance, prospects and opportuni ties to differ materially from those expressed

or implied by such forward -looking information. Forwa rd-looking information in this news release includes statements regarding, among other things, the completion

transactions 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 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.