Noble Minerals Announces Non-Brokered Private Placement

TSX.V: NOB FWB: NB7 OTCQB: NLPXF

Noble Minerals Announces Non-Brokered Private Placement

Toronto, Ontario – November 24, 2023 – Noble Mineral Exploration Inc. ( “Noble” or the “Company”) (TSX-

V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to announce that it is undertaking a non-brokered private

placement (the “ Private Placement ”), on a best efforts basis , involving the issuance of up to 10,000,000 flow-

through common share units (“FT Units”) priced at $0.075 per unit, subject to increase of up to 25% at the discretion

of Noble should investor interest warrant doing so. The gross proceeds to be raised are up to $750,000 (before fees

and expenses), subject to increase as noted. Each FT Unit will be comprised of one common share to be issued as

a “flow-through share” as defined in the Income Tax Act (Canada) and designated as a flow-through common share

(“FT Share ”) and one- half non- flow-through common share purchase warrant, each full warrant (“ Warrant”)

exercisable for two years for one common share in the capital of the Company at an exercise price of $ 0.125 per

common share.

The Company may pay compensation to a broker conducting due diligence on investors, with the compensation to

be paid in cash plus broker warrants of up to 7% of the number of FT Units placed in the Private Placement (the

“Broker Warrants”), each Broker Warrant exercisable for two years for one common share in the capital of the

Company at an exercise price of $0.075 per common share.

The securities to be issued in this Private Placement are subject to a four month hold period.

The Private Placement is subject to completion of formal documentation and the approval of the TSX Venture

Exchange, as well as any other required regulatory approvals. Noble intends to use the proceeds raised through

the Private Placement to fund exploration expenditures on the Company’s properties located in Ontario.

About Noble Mineral Exploration Inc.

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

in Canada Nickel Company Inc., Spruce Ridge Resources Ltd., Go Metals Corp. and MacDonald Mines Exploration

Ltd. It also has interest in the Holdsworth gold exploration property in the area of Wawa, Ontario. It continues to hold

~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well

as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central

Newfoundland. Project 81 hosts diversified drill -ready gold, nickel -cobalt and base metal exploration targets at

various stages of exploration. It also holds ~14,600 hectares in the Nagagami Carbonatite Complex and ~4,600

hectares in the Boulder Project both near Hearst, Ontario. In addition, Noble has ~482 hectares in the Cere-Villebon

Nickel, Copper, PGM property, ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in a Havre

St Pierre Nickel, Copper, PGM property, ~518 hectares in the Laverlochere Nickel, Copper, PGM property, all of

these are in the Province of Quebec. More detailed information can be found on the Company’s website at:

https://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 uncertainti es, 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 securi ties 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

Email: [email protected]

Investor Relations: [email protected]