Toronto, Ontario – April 8, 2022 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) announces that on April 6, 2022 (the “Date of Grant”), the Company’s Board approved the grant of a total of 2,125,00 stock options (the “Options”) and 1,750,000 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 25% every 3 months. The balance of the Options vest immediately. The RSUs, which vest one year after grant, were granted for services to be rendered over the next year. The Options and RSUs were granted pursuant to the 2022 Equity Incentive Plan approved at the Company’s shareholder meeting on March 14, 2022.
To view the full content of this release, regarding the upcoming distribution of CNC Shares: Deadline for the Exercise of Warrants, click on the link provided below.
