Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-Venture: NRM and Frankfurt: N7R) (“Noram” or the “Company”) is pleased to report it has provided US$25,000 to support BEGO Advanced Materials Inc. (“BEGO”) in its program with Colorado State University Foundation to advance the development of BEGO’s new graphene production process (the “Process”) using graphite from Noram’s Jumbo Property in British Columbia.
The Process is the first known “bio-electro-chemical process” to produce graphene oxide and graphene. The Process relies upon naturally occurring microbes that act as catalysts and facilitators to exfoliate graphite into graphene oxide (“GO”) and potentially graphene (“G”). The Process is an environmentally-friendly, green process that operates at ambient temperature and pressure, and does not use hazardous acids, bases, oxidants or reductants as compared to other graphene production methods. BEGO’s goal is to make its Process one of the most cost effective ways to produce GO and G.
The agreement with BEGO provides that should Noram’s Jumbo graphite prove to be a viable source material for producing graphene using the Process, then BEGO will grant Noram the exclusive rights to provide graphite material for any future commercial applications of the BEGO Process.
Michael Collins, P.Geo., and independent Qualified Person as defined in NI 43-101, has reviewed and approved the technical content of this news release on behalf of the Company.
“We are very pleased to be working with BEGO on this exciting project as it may fast track our ability to monetize the Jumbo graphite property. Graphene based materials have been shown to boost the energy density and recharge time of lithium-ion batteries, which makes our involvement in a project like BEGO synergistic with our lithium project in Nevada’s Clayton Valley,” said Noram’s President, Mark Ireton.
Graphene is a new material group that was first identified and named as such in 2004 by scientists at the University of Manchester, now known as The Home of Graphene. According to Dr. Aravind Vijayaraghavan, Lecturer in Nanomaterials, School of Materials and National Graphene Institute, who leads graphene research at the University of Manchester, “It’s the strongest material in the world, it’s the thinnest material… it’s bendable, stretchable, transparent, super light. The best conductor of heat, the best conductor of electricity...”
About BEGO Advanced Materials Inc.:
BEGO is a private British Columbia company whose founders have developed a new proprietary process to produce Graphene Oxide (GO) and Graphene (G) from Graphite. The Process is the only known “bio-electro-chemical” process, which promises to scale well commercially and do so as a green and sustainable technology. BEGO’s goal is to become a supplier of GO and G materials to application developers, including lithium-ion battery OEM’s as BEGO believes GO and G could play a major part in the next generation lithium-ion batteries that will make electric vehicles more efficient by significantly improving the key performance parameters of lithium-ion batteries.
About Noram Ventures Inc.:
Noram Ventures Inc. (TSX-V: NRM and Frankfurt: N7R) is a Canadian based junior exploration company, with a goal of becoming a force in the Green Energy Revolution through the development of lithium and graphite deposits and becoming a low-cost supplier for the burgeoning lithium battery industry. The Company’s primary business focus since formation has been the exploration of mineral projects that include the lithium projects in Clayton Valley in Nevada and the Jumbo graphite property in British Columbia. Noram’s long term strategy is to build a multi-national lithium-graphite dominant industrial minerals company to produce and sell lithium and graphite into the markets of Europe, North America and Asia. Please visit our web site for further information: www.noramventures.com
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ “Mark R. Ireton”
President & Director
Direct: (604) 761-9994
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 laws.