How AI Legalese Decoder Can Simplify Understanding Noram Lithium’s Fully Allocated Non-Brokered Financing Announcement
- January 30, 2026
- Posted by: legaleseblogger
- Category: Related News
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Noram Lithium Corp. Announces Strategic Private Placement Financing
VANCOUVER, BC / ACCESS Newswire / January 30, 2026
Noram Lithium Corp. ("Noram" or the "Company") (TSX.V:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) is excited to announce a significant step forward in its capital strategy. The Company 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, leading to potential gross proceeds of up to $1,067,500. This financing initiative is expected to empower Noram Lithium Corp. to accelerate its operations and explore new opportunities within the burgeoning lithium market.
Details of the Offering
Each Unit in this Offering will comprise of one common share and one common share purchase warrant. The warrant allows the holder to purchase an additional common share at a price of $0.15 per share for a period of 36 months from the date of issuance. This strategic structuring provides investors with an advantageous opportunity to increase their investment in Noram as the company grows.
Utilizing Proceeds for Growth
The net proceeds from the financing will primarily serve multiple purposes, including:
- General working capital
- Corporate overhead
- Exploration and development activities
This dedicated allocation of resources underscores the Company’s commitment to maintaining operational excellence while pursuing aggressive growth strategies.
Participation from Insiders and Compliance with Policies
It is important to note that certain insiders of the Company will be participating in this Offering. The issuance of securities to insiders will classify as a related-party transaction under the provisions of TSX Venture Exchange ("TSXV") Policy 5.9 and Multilateral Instrument 61-101. Nevertheless, this transaction is likely to be exempt from the formal valuation and minority shareholder approval requirements, ensuring timely execution and compliance with regulatory guidelines.
Finder’s Fees and Regulatory Status
In connection with the Offering, finder’s fees may be payable, reflecting the Company’s commitment to collaborating with partners who add value to its strategic initiatives.
Moreover, the Company has assured stakeholders that the Offering will not result in the creation of any new control persons, thus maintaining consistent governance and structure. The Offering is still subject to acceptance by the TSX Venture Exchange, which will carry out due diligence to ensure compliance with its standards.
Additional Information
For any inquiries or further information regarding the Offering, interested parties can reach out to the following contacts:
- In Europe: VP Corporate Development Simon Studer at [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 strategically focused on advancing its 100%-owned Zeus Lithium Project located in Clayton Valley, Nevada, recognized as an emerging lithium hub within the United States. With the increasing demand driven by the electric vehicle and energy storage markets, Noram is positioning itself as a key player in the domestic lithium supply chain. The Company is determined to create substantial shareholder value by strategically deploying its capital toward high-potential projects.
The Role of AI legalese decoder
Navigating legal documentation can be complex, especially for investors and stakeholders trying to understand terms related to offerings, insider transactions, and other legal frameworks. AI legalese decoder can simplify this process by breaking down complex legal jargon into plain language. By using AI legalese decoder, stakeholders can obtain clarity on the implications of this Offering, investor rights, and associated risks, enabling more informed decision-making.
Important Disclaimer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) assumes responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward Looking Information
This news release may contain forward-looking information that is not comprised of historical facts. This type of information involves risks, uncertainties, and additional factors that could lead actual results to differ materially from expectations. Statements regarding plans for the ongoing development of the Zeus Lithium Project represent forward-looking information. Factors that could impact results include regulatory approval processes, exploration outcomes, and capital availability on acceptable terms. While Noram believes its assumptions are reasonable, stakeholders should not place undue reliance on this forward-looking information, which is valid only as of the date of this release, with no obligation for updates unless required by securities laws.
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