Noram Ventures announces that it has entered into a third amendment to the property option agreement entered into on August 29, 2012 with Grant Doyle and Bruce Doyle for the exclusive right and option to acquire an undivided 100% right, title and interest in and to certain mining claims located near Nakusp, British Columbia (the “Claims”). The Claims are also subject to a 3% Net Smelter Return Royalty (the “NSR Royalty [...]
Noram Ventures announces that it is amending the price of the proposed non-brokered private placement financing to raise gross proceeds of up to $500,000. When originally announced on February 9, 2016, the Financing was priced at $0.02 per Unit for up to 25,000,000 Units. The Financing will now consist of up to 50,000,000 units of the Company at a price of $0.01 per Unit. Each Unit will consist of one common share and a [...]
Noram Ventures announces that it intends to carry out a non-brokered private placement financing to raise gross proceeds of up to $500,000. The Financing will consist of up to 25,000,000 units of the Company at a price of $0.02 per Unit. Each Unit will consist of one common share and a transferable warrant additional common share of the Company at a price of $0.05 per share for a period of 24 months following the closing [...]
Noram Ventures today announced that it was approved by the TSX Venture Exchange to extend the term of an aggregate of 1,143,333 warrants previously issued. The warrants were issued pursuant to a private placement which closed on December 13, 2013 and are exercisable at the price of $0.25.
Noram Ventures is pleased to announce the appointment of Mark Ireton as president, chief executive officer and a director. Mr. Ireton is a banker by profession with over 30 years of experience in all areas of commercial mid-market lending. He is versed in both public and private transactions, reorganizations, acquisitions—both management buyouts and leveraged buyouts—and divestitures in a variety of sectors that include [...]
Noram Ventures is pleased to report that the previously announced non-brokered private placement financing has been closed to raise gross proceeds of $215,500 through the sale of 21,550,000 units. The Units were priced at $0.01 and consist of one common share of the Company and one non-transferable common share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder to purchase one additional common [...]
Noram Ventures announces that it intends to carry out a non-brokered private placement financing to raise gross proceeds of up to $200,000. The Financing will consist of up to 20,000,000 units of the Company at a price of $0.01 per Unit. Each Unit will consist of one common share and a non-transferable warrant. Each Warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.05 [...]
Noram Ventures is pleased to announce the appointment of Barry Hemsworth to the Company’s Board of Directors. A lawyer by profession, Mr. Hemsworth was the founding partner in a Vancouver based law firm specializing in corporate securities and finance law. Over a 40 plus year career, he has acted for numerous public and private corporations in sectors that include mining, oil and gas and technology. Mr. Hemsworth often [...]
Noram Ventures announced today that it has granted 1,200,000 incentive stock options to certain of its directors and a consultant. Such options may be exercised at the price of $0.05 until November 11, 2019. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from date of grant. The grant is subject to TSX Venture Exchange acceptance.
Noram Ventures today announced that it has made an application to the TSX Venture Exchange to extend the term of an aggregate of 637,500 warrants previously issued. The warrants were issued pursuant to a private placement which closed on October 30, 2012 and are exercisable at the price of $0.25. The warrants had an expiry date of October 30, 2014 and will be extended for a period of two additional years so that they will [...]
Noram Ventures announces that Tom Christy, Reg Low and Marc Sandercombe have resigned from the Company’s Board of Directors effective immediately. Messrs. Christy, Low and Sandercombe believe that it is in the shareholders best interest to allow the original and remaining Directors to seek out and appoint new board members that can take the Company to the next level. The Board of Directors thanks Messrs. Christy, Low and [...]
Noram Ventures is pleased to report that the previously announced non-brokered private placement financing has been closed to raise gross proceeds of $243,500 through the sale of 4,870,000 common share units. The Units were priced at $0.05 and consisted of one common share and one non-transferable common share purchase warrant, with each Warrant entitling the holder to purchase one additional common share at a price of [...]