File: Attachment 2026 11 04 NRM -CORPORATE UPDATE FINAL.pdf

Noram Lithium Corp. Suite 2150 555 West Hastings Street

Vancouver BC V6B 4N6 T: 604.553.2279

info@noramlithiumcorp.com

UPDATE PROGRESS ON PEA AND ECONOMIC MODELLING

VANCOUVER, British Columbia November 4, 2026 Noram Lithium Corp. (TSXV: NRM | OTCQB: NRVTF | Frankfurt: N7R) ("Noram" or the "Company") wishes to take this opportunity to thank its valued shareholders for their continued patience, understanding and support over the past year.

In the spring, the Company engaged Global Resource Engineering Ltd. ("GRE") to undertake a review of the Company's Preliminary Economic Assessment ("PEA"), with a particular focus on evaluating potential by-product 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 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 Corp. (TSXV: NRM | OTCQB: NRVTF | Frankfurt: N7R) is focusing on advancing its 100%-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.

ON BEHALF OF THE BOARD OF DIRECTORS Sandy MacDougall Director C: 778.999.2159

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.

Cautionary Statement Regarding Forward-Looking Information 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, plans for ongoing development of the Zeus Lithium Project. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes, results of further exploration work, and availability of capital on terms acceptable to the Company. 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 laws.