Noram Ventures Retains FronTier for Investor Relations Services
January 20, 2014 (Source: FSC Wire) — Noram Ventures Inc. (NRM – TSX Venture), (“Noram” or the “Company”) is pleased to report that it has retained FronTier Consulting Ltd., part of the FronTier Merchant Capital Group, (“FronTier”) to assist Noram in building market awareness in the North American investment community.
FronTier is a Toronto-based investor relations firm founded by chief executive officer Ari Todd in 2006. FronTier will introduce Noram to its extensive network of investors and contacts at capital firms and investment funds in 20 cities across Canada and the United States. They will also assist in the dissemination of Noram’s news and information through various communications and financial market outlets.
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The initial term of the renewable contract is for 12 months and FronTier will receive a total fee during the initial term of $60,000. Frontier will also be granted 200,000 incentive stock options exercisable at a price of $0.20 per share for a period of one year. Such options will vest in four equal quarterly tranches over a period of 12 months from the date of grant. FronTier and its principals currently hold 600,000 shares and 400,000 warrants of Noram. FronTier has no other direct or indirect interest in the Company’s securities.
The appointment of FronTier as the Company’s investor relations consultant and the granting of the stock options remain subject to the approval of the TSX Venture Exchange.
About Noram Ventures Inc.:
Noram Ventures Inc. (TSX-V: NRM) (TSX-V: NRM) is a Canadian based mineral exploration company with a project generator business model. The Company’s strategy is to identify and acquire early-stage properties and create value through the initial drilling and discovery phase. Noram’s current portfolio includes four properties in the Kootenay region of southern British Columbia: the Amazing Grace gold property, the Jumbo flake-graphite property, the Kokanee flake-graphite property and the Silver Hill molybdenum-lead property. For further information, please visit: www.noramventures.com.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ “David W. Rees”
President & Director
NEITHER THE TSX VENTURE EXCHANGE, NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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