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Norra Metals appoints Investor Relations and grants Stock Options

Vancouver, British Columbia – August 20, 2020 – Norra Metals Corp. (TSXV: NORA) (FSE: 1KO) (“Norra” or the “Company”) has appointed Empire Communications Group Inc. (“Empire”) to provide certain investor relations consulting services.

Empire is a Toronto and Vancouver based investor relations firm. The firm and its representatives do not currently hold any shares in the Company.

Under the terms of the agreement, which is dated for reference August 19, 2020, Empire will receive a cash fee of $10,000 Canadian (CDN) plus GST per month for an initial term of three months. Empire has no active position in the Company but as part of this service contract shall be entitled to participate in the Company’s incentive stock option plan from time to time in accordance with the rules and the policies of the TSX Venture Exchange on the date of announcement of the grant of such incentive stock options. The agreement between the Company and Empire is subject to regulatory approval.  Empire does not provide market-making activities.

The Company also announces it has granted 700,000 stock options to directors, officers, employees and consultants of the Company pursuant to the Company’s stock option plan and subject to any regulatory approvals. Each stock option vests immediately and is exercisable at a price of $0.06 per share for a period of three years from the grant date.

About the Company
 
Norra Metals Corp, (TSX-V: NORA), is a Vancouver based Canadian precious and base metals exploration company with two exploration projects in Scandinavia. Our new Scandinavian properties, acquired from EMX Royalty Corp., include the Bleikvassli mine; the last copper-zinc-silver-gold producing mine in Norway as well as the Meråker copper-zinc-silver property that had small production dating to around the turn of the century but have seen limited modern exploration. The Company also holds a 100% interest In the Pyramid Cu/Au porphyry project located in the Golden Triangle of British Columbia.

 
ON BEHALF OF THE BOARD

“Mike Devji”
CEO and Director

Tel: (604) 258-8666
Mike.devji@norrametals.com

For additional information, please contact:
Mr. Tony Perri – Investor Relations
Tel:  (604) 818-7779  Email:  tony.perri@norrametals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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