Noram Grants Options

Noram Ventures Inc.

Suite 2150 - 555 West Hastings Street, Vancouver, BC, Canada, V6B 4N6

Tel.: 604-553-2279 | Website: www.noramventures.com | email: [email protected]

TSX.V: NRM

Frankfurt: N7R

OTCPINK: NRVTF

FOR IMMEDIATE RELEASE

NORAM GRANTS OPTIONS

Vancouver, British Columbia – February 5, 2020 – Noram Ventures Inc . (TSX-Venture: NRM and

Frankfurt: N7R) (“Noram” or the “Company”) is pleased to announce that the Company has granted

650,000 options to an arms’ length consultant at a price of $0. 165 and exercisable until February 3,

2021.

All options will be granted are in accordance with the Company’s 10% Rolling Stock Option Plan.

About Noram Ventures Inc.

Noram Ventures Inc. (TSX - Venture: NRM / Frankfurt: N7R / OTC PINK: NRVTF) is a Canadian based

junior exploration company, with a goal of developing lithium deposits and becoming a low - cost supplier.

The Company’s primary business focus since formation has been the exploration of mineral projects.

Noram’s long term strategy is to build a multi-national lithium minerals company to produce and sell lithium

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/ “Anita Algie”

Director & CFO

Office: (604) 553-2279

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 Agreemen t. 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 discl osed 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.