Noram Lithium Announces Closing of Fully Allocated Non-Brokered Financing
Noram Lithium Corp.
Suite 2150 – 555 West Hastings Street
Vancouver BC V6B 4N6
Noram Lithium Announces Closing of Fully Allocated Non-Brokered
Financing
Vancouver, British Columbia – February 5, 2026 – Noram Lithium Corp. (“Noram” or the
“Company”) (TSX.V: NRM | OTCQB: NRVTF | Frankfurt: N7R) is pleased to announce that it
has closed its previously announced non- brokered private placement financing (the “ Offering”)
for gross proceeds of $1,067,500 through the issuance of 10,675,000 units (each, a “Unit”).
Each Unit consists of one common share in the capital of the Company and one common share
purchase warrant. Each warrant entitles the holder to acquire one additional common share at a
price of $0.15 per share for a period of 36 months from the date of issuance.
The net proceeds of the Offering will be used for general working capital, corporate overhead, and
exploration and development activities.
Certain insiders of the Company participated in the Offering, collectively subscribing for $175,000
and receiving an aggregate of 1,750,000 Units. Such participation constitutes a related party
transaction within the meaning of TSX Venture Exchange (“ TSXV”) Policy 5.9 and Multilateral
Instrument 61- 101 – Protection of Minority Security Holders in Special Transactions. The
Company expects that the insider participation will be exempt from the formal valuation and
minority shareholder approval requirements of MI 61-101.
In connection with the Offering, the Company paid aggregate cash finder’s fees of $35,550 and
issued an aggregate of 355,550 finder’s warrants. Each finder’s warrant entitles the holder to
purchase one common share at a price of $0.15 per share for a period of 36 months from the date
of issuance.
No new control persons were created as a result of the Offering. The Offering remains subject to
final acceptance of the TSX Venture Exchange.
For additional information:
Contacts:
In Europe: VP Corporate Development [email protected]
Elsewhere: Investor Relations at [email protected]
Website: www.noramlithiumcorp.com
ON BEHALF OF THE BOARD OF DIRECTORS
Sandy MacDougall
Director
About Noram Lithium Corp.
Noram Lithium Corp. (TSXV: NRM | OTCQB: NRVTF | Frankfurt: N7R) is focusing on
advancing its 100%-owned Zeus Lithium Project located in Clayton Valley, Nevada an emerging
lithium hub within the United States. With the upsurge in the electric vehicle and energy storage
markets the Company aims to become a key participant in the domestic supply of lithium in the
United States. The Company is committed to creating shareholder value through the strategic
allocation of capital.
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.
Cautionary Statement Regarding Forward Looking Information
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, plans
for ongoing development of the Zeus Lithium Project . Factors that could cause actual results to differ materially from such forward -looking information
include, but are not limited to, regulatory approval processes , results of further exploration work, and availability of capital on terms acceptable to the
Company. 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 a t 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.