Toronto, Ontario – December 20, 2021 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V:NOB, FRANKFURT:NB7, OTCQB:NLPXF) is pleased to announce that it has closed the transaction with Canada Nickel Company Inc. (“Canada Nickel”) to vend the properties previously optioned to the Canada Nickel (the "Transaction"), plus additional properties held by Noble. Under the terms of the Transaction, the previous option and joint venture agreements therefore termination. In the Transaction, Noble sold 100% of the subject properties in return for 3.5 million common shares of Canada Nickel. Noble intends to distribute those shares to its shareholders as a dividend based on a record date to be established post closing, after the 4 month hold period on those shares has expired. Noble has retained a 2% royalty on certain of the mining claims that are included in the properties being transferred.
