Toronto, Ontario – November 20, 2025 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to provide the following updates.
Private Placement
Noble closed its previously announced non-brokered private placement (the “Private Placement”). (Please see Noble’s news release of November 10, 2025.) Noble raised gross proceeds of approximately $1,027,997.94 (before fees and expenses) through the issuance of 17,133,299 flow-through common share units (“FT Units”) priced at $0.06 per unit. Each FT Unit was comprised of one common share issued as a “flow-through share” as defined in the Income Tax Act (Canada) and designated as a flow-through common share (“FT Share”), and one-half non-flow-through common share purchase warrant, with each full warrant being exercisable for two years for one common share of the Company at an exercise price of $0.10 per share. In this Private Placement, Noble issued a total of 17,133,299 FT Shares and 8,566,649 warrants.
