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Nobel Announces Private Placement Offering

Financings

NOBEL ANNOUNCES PRIVATE PLACEMENT OFFERING

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR

DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

TORONTO, ONTARIO August 29, 202 4 – Nobel Resources Corp. (TSX–V: NBLC; OTCQB: NBTRF) (the

“Company” or “Nobel”) announces a non -brokered private placement financing of up to 16,000,000 Units

to be priced at $0.05 per Unit for gross proceeds of up to $800,000 (the “Offering”).

Each Unit will be comprised of one common share in the capital of the Company (each a “Common Share”)

and one-half of one Common Share purchase warrant (each whole warrant, a “ Warrant”). Each Warrant

will entitle the holder to purchase one Common Share at an exercise price of $0.10 per Common Share for

a period of 36 months following the completion of the Offering. Securities issued under the Offering are

expected to carry a holder period of 4 months and one day from the date of issue as may be required under

applicable securities laws.

The Company plans to use the aggregate net proceeds of the Offering to identify and evaluate potential

acquisition of mineral properties as well as general corporate working capital purposes.

The Offering is scheduled to close on or about September 18, 2024 and is subject to certain conditions

including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture

Exchange.

The securities being offered have not, nor will they be registered under the United States Securities Act of

1933, as amended, and may not be offered or sold within the United States or to, or for the account or

benefit of, U.S. persons absent U.S. registr ation or an applicable exemption from the U.S. registration

requirements. This release does not constitute an offer for sale of securities in the United States.

About Nobel

Nobel Resources is a Canadian resource company focused on iden�fying and developing prospec�ve mineral

projects. The Company has a team with a strong background of explora�on success.

For further informa�on, please contact:

Vincent Chen

Investor Rela�ons

[email protected]

www.nobel-resources.com

Cau�onary Note Regarding Forward-looking Informa�on

This press release contains “forward -looking informa�on” within the meaning of applicable Canadian

securi�es legisla�on. Forward-looking informa�on includes, without limita�on, regarding the Offering, the

use of proceeds of the Offering, the Company’s ability to iden�fy and acquire new projects and restart its

business and the Company’s future plans. Generally, forward-looking informa�on can be iden�fied by the

use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”,

“scheduled”, “es�mates”, “forecasts”, “intends”, “an�cipates” or “does not an�cipate”, or “believes”, or

varia�ons of such words and phrases or state that certain ac�ons, events or results “may”, “could”, “would”,

“might” or “will be taken”, “occur” or “be achieved”. Forward- looking informa�on is subject to known and

unknown risks, uncertain�es and other factors that may cause the actual resu lts, level of ac�vity,

performance or achievements of Nobel, as the case may be, to be materially different from those expressed

or implied by such forward -looking informa�on, including but not limited to: general business, economic,

compe��ve, geopoli�cal and social uncertain�es; the actual results of current explora�on ac�vi�es; risks

associated with opera�on in foreign jurisdic�ons; ability to successfully integrate the purchased proper�es;

foreign opera�ons risks; and other risks inherent in the mining industry. Although Nobel has atempted to

iden�fy important factors that could cause actual results to differ materially from those contained in

forward-looking informa�on, there may be other factors that cause results not to be as an�cipat ed,

es�mated or intended. There can be no assurance that such informa�on will prove to be accurate, as actual

results and future events could differ materially from those an�cipated in such statements. Accordingly,

readers should not place undue relianc e on forward -looking informa�on. Nobel does not undertake to

update any forward-looking informa�on, except in accordance with applicable securi�es laws.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED

IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR

ACCURACY OF THIS RELEASE.