Noram Ventures Inc. (TSXV:NRM) (OTCBB:NRVTF:US) is pleased to announce the appointment of Mr. Daniel F. Hachey to the Board of Directors of the Company.
Mr. Hachey brings to Noram a strong investment banking background with over 30 years of experience in the capital markets, largely in the area of public equity financings and private placements. His extensive experience and knowledge of the venture capital market and of the junior resource industry will be instrumental to the future growth of Noram, as the Company positions itself to become a leading lithium explorer in Nevada.
Mr. Hachey has held senior investment banking positions with a number of firms, and has worked in Toronto, New York and Montreal. Notable financings that Mr. Hachey has been a factor in include Glamis Gold Ltd. (acquired by Goldcorp Inc.); Canico Resource Corp. (acquired by Companhia Vale do Rio Doce (“CVRD”); Research in Motion (now Blackberry); JDS Fitel (now JDS Uniphase); Alliance Communications (now Alliance Atlantis); as well as many other companies in various industries including mining, oil & gas, forest products, manufacturing and technology.
Mr. Hachey has also been active in the area of mergers and acquisitions and other advisory work. In addition, Mr. Hachey has held Board of Directors positions with both public (NASDAQ, AMEX, TSX and TSX-V) and private companies. Mr. Hachey Holds an MBA degree in Finance from McGill University. Prior to that he was enrolled in a Master of Science program at Universite de Montreal after earning a B.Sc, degree from Concordia University.
Subject to approval of the TSX Venture Exchange and in accordance with the compensation policy and stock option plan of the Company, Mr. Hachey will participate in the Company’s 10 percent rolling stock option plan as applicable.
About Noram Ventures Inc.
Noram Ventures Inc. (TSX – Venture: NRM / Frankfurt: N7R / OTCPINK: NRVTF) is a Canadian based junior exploration company, with a goal of developing lithium deposits and becoming a low – cost supplier. The Company’s primary business focus since formation has been the exploration of mineral projects. Noram’s long term strategy is to build a multi-national lithium minerals company to produce and sell lithium into the markets of Europe, North America and Asia.
Please visit our web site for further information: www.noramventures.com
ON BEHALF OF THE COMPANY
/s/ “C. Tucker Barrie, Ph.D., P.Geo.”
President and CEO, Noram Ventures Inc.
Direct: (604) 553-2279
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. This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, the completion transactions completed in the Agreement. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes. Although Noram believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Noram disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities.