Toronto, Ontario – December 2, 2022 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to announce the closing of its previously announced (see the news release dated November 15, 2022) non-brokered private placement (the “Private Placement”) whereby it raised gross proceeds of $562,500 (before fees and expenses) through the issuance of 6,250,000 flow-through common share units (“FT Units”) priced at $0.09 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, each full warrant being exercisable for three years for one common share in the capital of the Company at an exercise price of $0.11 per common share.
