Star Metro - Noram Lithium Announces Fully Allocated Non-Brokered Financing

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Noram Lithium Announces Fully Allocated Non-Brokered Financing

THINGS TO KNOW 30.01.2026

Noram Lithium Announces Fully Allocated Non-Brokered Financing

VANCOUVER, BC / ACCESS Newswire / January 30, 2026 / Noram Lithium Corp. ("Noram" or the "Company") (TSX.V:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) is pleased to announce that it has arranged a fully allocated non-brokered private placement financing (the "Offering") of up to 10,675,000 units (each, a "Unit") at a price of $0.10 per Unit for gross proceeds of up to $1,067,500.

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Each Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase 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 financing will be used for general working capital, corporate overhead, and exploration and development activities.

Certain insiders of the Company will be participating in the Offering. The issuance of securities to insiders will constitute a related-party transaction within the meaning of TSX Venture Exchange ("TSXV") Policy 5.9 and Multilateral Instrument 61-101 but is expected to be exempt from the formal valuation and minority shareholder approval requirements.

Finder's fees may be payable in connection with the Offering

The Company confirms that the Offering will not result in the creation of any new control persons. The offering is subject to acceptance by 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 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.

SOURCE: Noram Lithium Corp.

View the original press release on ACCESS Newswire

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