Noram Ventures Announces Non-Brokered Private Placement

Vancouver, British Columbia CANADA, September 25, 2013 /FSC/ - Noram Ventures Inc. (NRM - TSX Venture), ("Noram" or the "Company") is pleased to report that it intends to carry out a non-brokered private placement for gross proceeds of up to $400,000 (the "Private Placement").  

The Private Placement will consist of up to 1,000,000 flow-through units of the Company (each, a "Flow-Through Unit") and up to 1,000,000 regular units (each, a "Unit") at a price of $0.20 per Flow-Through Unit and $0.20 per Unit. Each Flow-Through Unit will consist of one common share in the capital of the Company (each a "Share") issued on a flow-through basis, and one common share purchase warrant (each, a "Warrant"). Each Unit will consist of one Share and one Warrant. Each Warrant will entitle the holder to purchase one additional Share (a "Warrant Share") at a price of $0.25 per Warrant Share for a period of 24 months following the closing date.

The Warrants are subject to an early acceleration provision which provides for the mandatory exercise or expiry of the Warrants in the event Noram's shares close at $0.40 or higher for at least 10 consecutive trading days. In such event, the Warrants will accelerate and expire 30 days after the Company has given notice of the accelerated conversion to the Warrant holders.

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

The Private Placement is subject to TSX Venture Exchange approval. All securities issued in connection with this Private Placement 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 completion of the Private Placement. 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.

To view the press release as a PDF file, please click on the following link:
http://www.usetdas.com/pr/noram09252013.pdf


Source: Noram Ventures Inc. (TSX-V: NRM)  http://www.noramventures.com
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