Toronto, Ontario -- March 7, 2017 -- Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) announces that it has engaged IBK Capital Corp. ("IBK") to complete a best efforts private placement (the "Private Placement") of up to 5,000,000 common share units ("Common Share Units") at $0.06 per Common Share Unit and of up to 10,000,000 flow-through units ("Flow-Through Units") at $0.075 per Flow-Through Unit. The aggregate gross proceeds to be raised in this Private Placement will amount to up to $1,050,000. In connection with the Private Placement, the Company agreed to pay IBK a cash commission of 9% of the amount raised through its assistance and 10% of the amount raised in broker warrants.
