Nobel Closes Private Placement Offering
NOBEL CLOSES PRIVATE PLACEMENT OFFERING
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DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
TORONTO, ONTARIO November 12, 2024 – Nobel Resources Corp. (TSX–V: NBLC; OTCQB: NBTRF) (the “Company” or
“Nobel”) announces hat it has closed its previously announced non- brokered private placement financing, on an
oversubscribed basis, of 25,350,000 units (the “Units”) priced at $0.05 per Unit for gross proceeds of $1,267,500 (the
“Offering”).
Each Unit is 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 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 mineral properties for
potential acquisition as well as general corporate working capital purposes.
In connection with the Offering, Nobel paid finder’s fees of $20,612.50 in cash and issued 339,500 non-transferable
finder’s warrants (the “Finder’s Warrants”). Each Finder’s Warrant entitles the holder thereof to acquire one Common
Share at a price of $0.05 for a period of 36 months following the completion of the Offering. The Offering is subject
to the final approval of the TSX Venture Exchange.
Certain directors and officers of the Company have subscribed for an aggregate amount of 3 ,500,000 Units pursuant
to the Offering (collectively, the “Insider Participation”). The Insider Participation is considered to be a “related party
transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). The Insider Participation is exempt from
the formal valuation and minority shareholder approval requirements of MI 61 -101.
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. registration or an applicable exemption f rom 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
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”,
“ a n � c i p a t e s ” o r “ d o e s n o t a n � c i p a t e ” , o r “ be l i e v e s ” , o r v a r i a � o n s o f s u c h w o r d s a n d ph r a s e s o r s t a t e t h a t c e r t a i n
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
results, 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�f y 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�cipated, 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 reliance on forward-looking informa�on.
Nobel does not undertake to update any forward-looking informa�on, except in accordance with applicable securi�es
laws.
N E I T H E R T S X V E N T U R E E X C H A N G E N O R I T S R E G U L A T I O N S E R V I C E S P R O V I D E R ( A S T H A T T E R M I S D E F I N E D I N T H E
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.