Noram Ventures Closes Non-Brokered Private Placement Financing

 Noram Ventures Inc. (TSXV:NRM) closed its non-brokered private placement financing for gross proceeds of $265,000 through the sale of 600,000 common share units and 725,000 flow-through share units.

As quoted in the press release:

The FT Units were priced at $0.20 and consisted of one flow-through 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 $0.25 until May 3, 2015. The Units were priced at $0.20 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 $0.25 until May 3, 2015.

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