Toronto, Ontario -- November 18, 2016 -- Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) announces that it has raised gross proceeds of Cdn$290,000 in a first tranche of its previously announced (see Noble's news release of August 24, 2016) private placement (the "Private Placement") of up to Cdn$1,250,000 convertible debentures (the "Debentures"). The current transaction consisted of the brokered issuance of Debentures having an aggregate principal amount of Cdn$125,000, and the non-brokered issuance of Debentures having an aggregate principal amount of Cdn$165,000. The Debentures are subject to a hold period expiring March 18, 2017.
