Noram Ventures Inc. Arranges Non-Brokered Private Plac

Vancouver, British Columbia CANADA, April 17, 2013 /FSC/ - Noram Ventures Inc. (NRM - TSX Venture), ("Noram" or the "Company") is pleased to report it has arranged a non-brokered private placement (the "Offering") of 1,325,000 units to raise gross proceeds of $265,000. Under the terms of the Offering, the Company will place 725,000 flow-through share units (the "FT Unit") and 600,000 common share units (the "Units").

The FT Units will be offered at a price of $0.20 and will consist of one flow-through share and one non-transferable common share purchase warrant exercisable at a price of $0.25 per common share for a period of 24 months following the close of the Offering.

Each Unit will be offered at a price of $0.20 and will consist of one common share and one transferable common share purchase warrant exercisable at a price of $0.25 per common share for a period of 24 months following the close of the Offering.

All warrants associated with this Offering are subject to an acceleration provision, whereby Noram has the right to give notice to the warrant holders to accelerate an earlier conversion of the Warrants if the Company's common shares, as traded on the TSX Venture Exchange, close above $0.40 per share for at least 10 consecutive trading days. In that event, the Warrants will expire 30 days after the Company has given notice of the accelerated conversion to the Warrant holders.

The net proceeds from the Offering will be used to finance the Company's exploration programs and for general working capital purposes.

The Offering is subject to TSX Venture Exchange approval. All securities issued in connection with this Offering will be subject to a four-month hold period in accordance with securities regulation.


About Noram Ventures Inc.:

Noram Ventures Inc. (TSX-V: NRM) is a Canadian based mineral exploration company with a project generator business model. The Company's strategy is to identify and acquire early-stage properties that offer large-scale resource potential, and create value through the initial drilling and discovery phase. Noram's current focus is on three properties in the Central Kootenay region of Southeastern British Columbia: the Jumbo Flake-Graphite Property, the Kokanee Flake-Graphite Property and the Silver Hill Molybdenum-Galena Property.

For further information, please visit www.noramventures.com.

For corporate, media, or investor communications contact:
Greg Lytle, Lytle & Associates
Corporate Communications
Phone: (604) 839-6946
Email: info@noramventures.com


ON BEHALF OF THE BOARD OF DIRECTORS

s/ "David W. Rees"
President & Director



CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding exploration work on the properties and the completion of the Offering. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic conditions in North America and internationally, (2) the inherent uncertainties and speculative nature associated with mineral exploration, (3) a decreased demand for minerals, (4) any number of events or causes which may delay or cease exploration and development of the Company's property interests, (5) the risk that the Company does not execute its business plan, (6) inability to finance operations and growth, and (7) other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and, except as required by law, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE, NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.


Noram Ventures Inc.
12835 Gilden Road, Madeira Park, BC Canada V0N 2H1
Tel.: 604.290.5696
Website: www.noramventures.com
email: dwrees@telus.net