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NRM.V ·

Noram Upgrades US Listing to OTCQB and Permits FOR Fall Drill Program

Exploration Programs Listings & Exchange

TSX.V: NRM

Frankfurt: N7R

OTCQB: NRVTF

FOR IMMEDIATE RELEASE

NORAM UPGRADES US LISTING TO OTCQB AND PERMITS FOR FALL DRILL

PROGRAM

Vancouver, British Columbia – September 22, 2020 – Noram Ventures Inc. (“Noram”) (TSX -

Venture: NRM / Frankfurt: N7R / OTC QB: NRVTF ) is pleased to report that the Company

successfully graduted its US Listing from the OTC Pink Sheets to the OTCQB. Effective as of

market open on September 17, 2020, Noram trades as an OTCQB isuer under the symbol “NRVTF”.

The OTCQB® Venture Market offers investors transparent trading in entrepreneurial and

development stage U.S. and international companies that may not yet quality for OTCQX.

Company Benefits on OTCQB

• Minimum bid price test of $0.01 removes companies that are most likely to be the subject of

dilutive stock fraud schemes and promotion

• Improved investor confidence through verified information, confirming that the Company

Profile displayed on www.otcmarkets.com is current and complete

• Annual management certification process to verify officers, directors, controlling

shareholders, and shares outstanding

• Greater information availability for investors through the OTC Disclosure & News Service

• Transparent prices for investors through full-depth of book with Real Time Level 2 quotes

Companies use the OTC Disclosure & News to post disclosure and company news for investors.

Annual and interim reports, news releases, material events, investor videos, and presentations appear

on www.otcmarkets.com and the company quote page. Companies can also elect to have this

information feed directly to PR Newswire’s expansive network, including local, national and Reg.

FD-compliant news portals. OTC Disclosure & New s also distributes fundamental data in XBRL

format through EDGAR Online to investment databases and financial sites such as Yahoo! Finance.

Additionally, Noram has filed permits for the Fall drill campaign at Zeus. The Company anticipates

final approval from the Bureau of Land Management (BLM) in short order . Noram intends to

complete an additional 12 holes and has currently applied for 7 of these additional holes, which will

keep the amount of disturbed acreage under 5 acres to allow the project to proceed at the Notice of

Intent level of permitting, rather than as a Plan of Operations which is a more lengthy approval

process. As reclamation is completed and drilling has commenced, the Company will permit for the

remaining 5 holes. This program is fully funded.

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]

Figure 1. Zeus property map showing: a) location of current Indicated and Inferred resources at

>900 ppm Li cut-off; b) West-East cross-section shown in figure 2; and c) location of proposed

drill holes for Fall 2020 campaign.

Figure 2. West-East cross-section across known mineralization within Esmeralda Formation

lithium claystones, catagorized by grade. Note that the terrain rises to the East, and the grade and

thickness are highest in this direction.

The technical information contained in this news release has been reviewed and approved by Brad

Peek., M.Sc., P. Geo., who is a Qualified Person with respect to Noram’s Clayton Valley Lithium

Project as defined under National Instrument 43-101.

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]

About Noram Ventures Inc.

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

based junior exploration company, with a goal of develo ping 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 COMPANY

/s/ “C. Tucker Barrie, Ph.D., P. Geo.”

President and CEO

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 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.