Toronto, Ontario -- October 10, 2012, Noble Mineral Exploration Inc. (the "Company", "Noble" or "NOB") (TSX-V:NOB, FRANKFURT:NB7, OTC.PK:NLPXF) is pleased to announce it has agreed to the terms of a four year $1.5 million loan (the "Loan") with private lenders that will be used to pay the final vendor-take-back mortgage loan owed by Noble for the purchase of its Project 81 property (the "VTB Mortgage"). (For further information on the VTB Mortgage, please see the Company's press release of October 5, 2011.)
The parties have scheduled October 23, 2012 as the closing date for the Loan closing and repayment of the VTB Mortgage.
2012 News Releases
