Noble Extends Warrants
TSX.V: NOB FWB: NB7 OTCQB: NLPXF
Noble Extends Warrants
TORONTO, November 6, 2025 – Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSXV: NOB)
(OTCQB: NLPXF) is proposing to extend the term of a total of 7,933,3333 common share purchase warrants that
were issued as part of two of the Company’s previously completed private placements.
A total of 3,125,000 of these warrants were issued on November 21, 2022 and December 1, 2022 and are exercisable
at $0.11 per common share of Noble (the “2022 Warrants”). The 2022 Warrants are originally set to expire three
years after their respective dates of issuance. The Company is proposing to extend those expiry dates to November
21, 2027 and December 1, 2027.
The remaining 4,808,333 warrants were issued on December 7, 2023, December 21, 2023, and December 22, 2023
and are exercisable at $0.125 per common share of Noble (the “2023 Warrants”, collectively with the 2022 Warrants,
the “Warrants”). The 2023 Warrants are originally set to expire two years after their respective dates of issuance.
The Company is proposing to extend those expiry dates to December 7, 2027, December 21, 2027 and December
22, 2027, respectively.
The principal details of the Warrants in question are:
Private Placement
Closing Date
Number of
Noble
Common
Shares
Issuable
Upon Full
Exercise
Date of
Issuance
Exercise
Price per
Common
Share
Original Expiry
Date
Proposed Extended
Expiry Date
2022 Private Placement 2,500,000 November 21,
2022
$0.11 November 21,
2025
November 21, 2027
2022 Private Placement 625,000 December 1,
2022
$0.11 December 1, 2025 December 1, 2027
Total 3,125,000
2023 Private Placement 750,000 December 7,
2023
$0.125 December 7, 2025 December 7, 2027
2023 Private Placement 2,325,000 December 21,
2023
$0.125 December 21,
2025
December 21, 2027
2023 Private Placement 1,733,333 December 22,
2023
$0.125 December 22,
2025
December 22, 2027
Total 4,808,333
All other terms of the Warrants will remain unchanged. The completion of the proposed extensions of the terms of
the 2022 Warrants and 2023 Warrants is subject to acceptance by the TSX Venture Exchange.
About Noble Mineral Exploration Inc.
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of securities in
Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and its interest in the
Holdsworth gold exploration property in the area of Wawa, Ontario.
Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario and ~14,000ha elsewhere in Quebec
upon which it plans to generate option/joint venture exploration programs.
Noble holds mineral rights and/or exploration rights in ~18,000 hectares in the Timmins-Cochrane areas of Northern
Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well as an additional 20% interest in
~38,700 hectares in the Timmins area. Project 81 hosts diversified drill -ready gold, nickel -cobalt and ba se metal
exploration targets at various stages of exploration. Noble also holds ~4,600 hectares in the Nagagami Carbonatite
Complex and~3,200 hectares in its Boulder Project, both near Hearst, Ontario . In addition, it holds the following
projects in Quebec: ~3,700 hectares in its Buckingham Graphite Property, ~10,152 hectares in its Havre St Pierre
Nickel, Copper, PGM property, ~1,573 hectares in its Cere-Villebon Nickel, Copper, PGM property, a ~569 hectare
Uranium/Rare Earth property that it refers to as the Chateau property, a ~461 hectare Uranium/Molybdenum property
that it refers to as the Taser North property, and ~ 4,465 hectares in the Mehmet rare earth property in Northern
Quebec.
Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB.”
More detailed information on Noble is available on the website at www.noblemineralexploration.com.
Cautionary Note and Statement Concerning Forward Looking Statements
This press release contains certain information that may constitute "forward- looking information" under applicable
Canadian securities legislation. Forward- looking information is necessarily based upon several assumptions that,
while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may
cause the actual results and future events to differ materially from those expressed or implied by such forward-looking
information. Factors that could affect the outcome include, among others: future prices and the supply of metals,
the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures
required to retain and advance the property, environmental liabilities (known and unknown), general business,
economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry,
delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no
assurance that such information will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking
information. All forward- looking information contained in this press release is given as of the date hereof and is
based upon the opinions and estimates of management and information available to management as at the date
hereof. Noble disclaims any intention or obligation to update or revise any forward -looking information, whether
because of new information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in 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.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: [email protected]
Investor Relations
Email: [email protected]