Toronto, Ontario -- October 20, 2017 -- Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSX-V:NOB, FRANKFURT:NB7, OTC.PK:NLPXF) announces that its Board of Directors approved the adoption of a Supplement Equity Incentive Plan (the "Supplemental EIP"). Noble currently has in place an Amended and Restated Stock Option Plan (the "Option Plan") as a rolling 10% option plan. The maximum number of common shares that can be reserved for issuance upon the exercise of stock options granted under the Option Plan is 10% of Noble's issued and outstanding common shares at that time. Having determined that it would be beneficial for Noble to also be able to issue other forms of equity-based incentive compensation, in addition to stock options, Noble applied to the TSX Venture Exchange approval for approval of the Supplemental EIP.
