NOB.V · 2021-08-04 12:00:00

Noble acquires additional shares of Spruce Ridge & provides Early Warning Report disclosure

Corporate Actions

TSX.V: NOB FWB: NB7 OTCQB: NLPXF

Noble acquires additional shares of Spruce Ridge & provides

Early Warning Report disclosure

Toronto, Ontario – August 4, 2021 – Noble Mineral Exploration Inc. (“Noble” or the “Company”)

(TSX-V:NOB, FRANKFURT: NB7, OTCQB .PK:NLPXF) announces that it has acquired 10 million

common shares of Spruce Ridge Resources Ltd. (“Spruce”) through the exercise of warrants at $0.05

per share (the “ Transaction”), paying a total of $500,000 for the shares . The Transaction was

effective on August 3, 2021, bringing Noble’s holdings of Spruce common shares to 18 million (all

held directly) . P rior to the Transaction, Noble held 8 million common shares of Spruce ( which

management of Noble estimates corresponded to approximately 4.8% of Spruce’s outstanding

shares), and after the Transaction Noble holds 18,000,000 common shares of Spruce (corresponding

to approximately 10.1% of Spruce’s outstanding shares).

The additional information regarding the Transaction required to be disclosed under section 3.1 of

National Instrument 62-103 is included in an Early Warning Report being filed by Noble on SEDA R.

A copy of that report can be obtained by contacting H. Vance White, President & CEO of Noble, at

416-214-2250.

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to

its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald

Mines Exploration Ltd., and its interest in the Holdsworth gold e xploration property in the area of

Wawa, Ontario, holds approximately 72,000 hectares of mineral rights in the Timmins -Cochrane

areas of Northern Ontario known as Project 81. Project 81 hosts diversified drill -ready gold, nickel-

cobalt and base metal exploration targets at various stages of exploration. More detailed information

is available on the website at www.noblemineralexploration.com .

Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB.”

Cautionary Statement:

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. No stock exchange, securities commission or other regulatory authority has approved

or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance

of Noble Mineral Exploration Inc. Forward- looking statements, specifically those concerning future

performance, are subject to certain risks and uncertainties, and actual results may differ materially

from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are

detailed herein and from time to time in the filings made by the Company with the TSX Venture

Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation

to update or revise its forward- looking statements, whether as a result of new information, future

events or otherwise.

Contacts:

H. Vance White, President

Phone: 416-214-2250

Fax: 416-367-1954

Investor Relations