Toronto, Ontario -- October 24, 2014, Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) announces that it has engaged IBK Capital Corp. to assist with a private placement of up to 16,000,000 Hard Dollar Units (the "Units") priced at $0.05 per unit to raise gross proceeds of up to $800,000. Each Unit consists of one common share of the Company (a "Common Share") and one purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Common Share for a period of 5 years at an exercise price of $0.05 per share.