Noram Successfully Resolves Overstaking BY Centrestone Resources Llc Litigation
TSX.V: NRM
Frankfurt: N7R
OTCPINK: NRVTF
FOR IMMEDIATE RELEASE
NORAM SUCCESSFULLY RESOLVES OVERSTAKING BY CENTRESTONE
RESOURCES LLC LITIGATION
Vancouver, British Columbia – January 11, 2019 – Noram Ventures Inc. (“Noram ”) (TSX - Venture: NRM /
Frankfurt: N7R / OTCPINK: NRVTF is pleased to announce that the Company has vacated the preliminary
injunction hearing scheduled to be held on January 11, 2019 after successfully ending the litigation with
Centrestone Resources LLC (“Centrestone”).
Earlier this week, Mr. Ireton, (President and CEO), Mr. Brown (Director) and Ms. Algie (CFO) as well as the Company’s
QP and landmen travelled to Nevada in preparation to attend the Preliminary Injunction hearing scheduled for January
11, 2019. The hearing was to be held in Goldfield, Nevada and would provide Noram with the opportunity to present
the facts of the overstaking with the intention of seeking injunctive relief, as further detailed in the Company’s news
release dated October 19, 2018.
Over the course of a number of days, the parties to the litigation came to a final settlement agreement on January 10,
2019. In reaching this agreement, Noram agreed to vacate the injunction hearing based on Centrestone’s complete
withdrawal from the Zeus Property and the dismissal of the countersuit against Noram amongst other commitments. A
complete summary of the settlement agreement will be provided to the Shareholders in short order.
“The Company could not be more pleased with the outcome of this issue. Noram was confident that the Company would
prevail and can now move forward with the aggressive development of the inferred resource on the Zeus Property”
stated Mr. Ireton.
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 deve loping 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/ “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. 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 mat erially 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 informati on, 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.