Noram Receives Permit for Drill Program at its Lithium Brine/Clay Project in Clayton Valley, Nevada

Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-Venture: NRM / Frankfurt: N7R / OTCBB: NRVTF) (“Noram” or the “Company”) is pleased to announce its wholly owned subsidiary Green Energy Resources (“Green Energy”) has received permitting for 55 prospecting core holes with associated access on federal surface and mineral, under the management of the Bureau of Land Management - Tonopah Field Office (BLM), approximately ten kilometers (6 miles) northeast of Silver Peak, Esmeralda County, Nevada.

The work forms part of the Phase 1 exploration program at Clayton Valley North and results, will be incorporated into a resource estimate. Bradley C. Peek, MSc and Certified Professional Geologist staked the core holes in 2 areas.  Area 1 encompasses 5 core holes adjacent to the Hades bore hole (Photo 1).  Area 2 is on the Zeus and Zeus Extension claims and covers an area that measures approximately 2.5 miles (4.1 km) by 1.5 miles (2.4 km).  Some 40 holes are to be drilled on the Zeus claims with another 5 holes on the border of the Zeus Extension claim group.

The 55 prospecting core holes will not require any pad or access road construction but a disturbance of 4.8 acres is estimated for overland use of 33,817 feet of access road (6 feet wide) and 55 core hole sites (10 feet by 10 feet). In accordance with applicable BLM and Nevada Division of Minerals (Division) regulations Green Energy submitted the exploration plan of operations to supplement the Notice of Intent to conduct exploration coring that upon implementation is designed to demonstrate the existence of a valuable deposit of lithium within the prospect area. Activities are anticipated to be completed within one month and include drilling, core logging, core splitting, core photography, core analysis, and core hole plugging. Following core hole plugging, incidental surface reclamation will begin as soon as weather permits.

“We are pleased to have permits in hand for the first phase of drilling and are now in the process of securing equipment and drill crews,” said Mark Ireton, CEO and President. “We are progressing well and anticipate collaring our first exploration core hole in the late November 2016.”

The technical information contained in this news release has been reviewed and approved by Bradley C. Peek, MSc and Certified Professional Geologist, who is a Qualified Person with respect to Noram’s  Clayton Valley Lithium Project as defined under National Instrument 43-101.

About Noram Ventures Inc.

Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) is a Canadian based junior exploration company, with a goal of becoming a force in the Green Energy Revolution through the development of lithium and graphite deposits and becoming a low-cost supplier for the burgeoning lithium battery industry. The Company’s primary business focus since formation has been the exploration of mineral projects that include lithium projects in the Clayton Valley in Nevada, the Hector Lode in San Bernardino county, California and the Jumbo graphite property in British Columbia. Noram’s long term strategy is to build a multi-national lithium-graphite dominant industrial minerals company to produce and sell lithium and graphite into the markets of Europe, North America and Asia.

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

ON BEHALF OF THE BOARD OF DIRECTORS

s/ “Mark Ireton”

President & Director

Direct: (604) 761-9994

This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events.  Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company.  The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital.  These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information.  Actual results and future events could differ materially from anticipated in such information.  These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management's estimates or opinions change.

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.

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