Mr. Sandy MacDougall reports

UPDATE PROGRESS ON PEA AND ECONOMIC MODELLING

Noram Lithium Corp. thanks its valued shareholders for their continued patience, understanding and support over the past year.

In the spring, the company engaged Global Resource Engineering Ltd. to undertake a review of the company's preliminary economic assessment with a particular focus on evaluating potential byproduct credits that may enhance the overall economics of the project. At the time of engagement, the work was anticipated to be completed and delivered to the company by late summer.

Unfortunately, the process has taken longer than initially anticipated, and the company has yet to receive any information. Factors outside of the company's direct control, including extended laboratory assay turnaround times, have contributed to delays and presented considerable challenges to advancing this work within the original timeline.

Despite these challenges, the company understands the importance of this work and remains focused on advancing the evaluation. GRE has indicated that the first draft of the economic model is expected to be provided to the company by the end of this week. Upon receipt and review of the preliminary results, the company intends to provide shareholders with a further update on the findings and anticipated next steps.

The board of directors recognizes that the extended timeline has tested the patience of shareholders and sincerely appreciates your continued confidence and support. The company remains committed to keeping shareholders informed as meaningful developments become available.

About Noram Lithium Corp.

Noram Lithium is focusing on advancing its 100-per-cent-owned Zeus lithium project located in Clayton Valley, Nevada, an emerging lithium hub within the United States. With the upsurge in the electric vehicle and energy storage markets, the company aims to become a key participant in the domestic supply of lithium in the United States. The company is committed to creating shareholder value through the strategic allocation of capital.

We seek Safe Harbor.