Toronto, Ontario -- July 26, 2012, Noble Mineral Exploration Inc. (the "Company") (TSX-V:NOB, FRANKFURT:NB7, OTC.PK:NLPXF) announces the grant of a total of 1,750,000 options to purchase common shares of the Company to officers, directors and consultants. Each option is exercisable at a price of $0.10 per share for a three year term. 1,150,000 of these options were granted to directors and officers of the Company and vest immediately. 100,000 of these options were granted to a consultant providing investor relations services, with 25% of these options vesting upon grant, and the balance vesting as to 25% every three months. The remaining 500,000 of these options were granted to consultants to the Company, and they also vest immediately.
