TToronto, Ontario – August 3, 2023 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) announces that effective as of August 2, 2023 (the “Date of Grant”), the Company’s Board approved the grant of a total of 2,325,000 stock options (the “Options”) and 1,990,000 restricted share units (“RSUs”) to officers, directors, and certain consultants of the Company. The Options were granted for services rendered in previous financial years and to date in the current financial year. 75,000 of the Options were granted to a party who provides investor relations services to the Company, and therefore vest in tranches of 25% every three months. The balance of the Options vest immediately. The RSUs, which vest one year after the Date of Grant, were granted for services to be rendered over the next year. The Options and RSUs were granted pursuant to the Amended and Restated 2022 Equity Incentive Plan approved at the Company’s shareholder meeting on February 22, 2023
