Noram Finalizes Agreement FOR the Clayton Valley Mineral Claims with Alba
FOR IMMEDIATE RELEASE
NORAM FINALIZES AGREEMENT FOR THE CLAYTON VALLEY
MINERAL CLAIMS WITH ALBA
Vancouver, British Columbia – May 28th, 2018 – Noram Ventures Inc. (TSX - Venture: NRM / Frankfurt: N7R /
OTCBB: NRVTF) (“Noram” or the “Company”) and its wholly owned subsidiary, Green Energy Inc. (“Green Energy”)
are pleased to announce that it has entered into a property purchase agreement dated May 28, 2018 with Alba Minerals Ltd.,
pursuant to which Alba will sell the 25% interest (the “Interest”) it has earned in certain mineral claims located in Clayton
Valley, Nevada back to Noram and Green Energy.
In consideration for the Interest, Noram will issue to Alba, subject to TSX Venture approval, 3,800,000 common shares of
Noram and make a cash payment to Alba of $400,000. Additionally, in the event that Noram undergoes a financing pursuant
to which it issues from treasury common shares or other securities convertible or exercisable into common shares (a
“Financing”), Alba shall have a right of first refusal to participate in the Financing and to acquire up to the number of shares
and/or other securities being issued under the Financing, necessary in order for Alba to be able to maintain the same percentage
ownership of shares of Noram as it would have immediately prior to the completion of the Financing.
The proposed transaction is subject to the approval of the TSX Venture Exchange.
About Noram Ventures Inc.
Noram Ventures Inc. (TSX - Venture: 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 the Arizaro East mineral claim located in the
eastern portion of the Salar de Arizaro in north - western Argentina. 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.
For further information, please visit: www.noramventures.com
ON BEHALF OF THE BOARD OF DIRECTORS
“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 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 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.
TSX.V: NRM
Frankfurt: N7R
OTCBB: NRVTF