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NOB.V ·

Noble Obtains Final Order for Plan of Arrangement

Mergers & Acquisitions

2500 – 120 Adelaide St. West, Toronto, OntarioM5H 1T1

Phone: 416-214-2250

Fax: 416-367-1954

TSX.V: NOB FWB: NB7 OTC.PK: NLPXF

Noble Obtains Final Order for Plan of Arrangement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION,

DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR

INTO THE UNITED STATES

TORONTO, January 10, 2019 – Noble Mineral Exploration Inc. (TSX-V: NOB) ("Noble" or the

"Company") is pleased to announce that it has obtained a final order of the Ontario Superior

Court of Justice (Commercial List) (the “Final Order”) with respect to the Company’s proposed

plan of arrangement authorizing the completion of a proposed reorganization, the primary

result of which will be the distribution of approximately 10,000,000 common shares of

Canada Nickel Company Inc. (“Canada Nickel”) to the shareholders of Noble.

The Final Order was granted after the shareholders of Noble overwhelmingly approved the

arrangement at a special shareholder meeting on December 27, 2019 . (Please see Noble’s

news release of December 30, 2019.)

The arrangement is being completed pursuant to the Implementation Agreement signed by

Noble, Canada Nickel and other parties. (For more information regarding the Implementation

Agreement and related transactions, see N oble’s news releases of October 1, 2019 and

November 28, 2019, as well as the management information circular dated November 29,

2019 prepared for the special shareholder meeting of Noble held on December 27, 2019.)

The Company is now working to satisfy the remaining conditions for the completion of the

arrangement as specified in the Implementation Agreement, and will advise shareholders

when the anticipated date for the completion of the arrangement is known.

Contacts (Noble):

H. Vance White, President

Phone: 416-214-2250 Fax: 416-367-1954

Email: [email protected]

Investor Relations Email: [email protected]

About Noble Mineral Exploration Inc.

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

addition to its shareholdings in Spruce Ridge Resources Ltd. and MacDonald Mines

Exploration Ltd., and its interest in the Holdsworth gold exploration prop erty in the area of

Wawa, Ontario, holds in excess of 78,000 hectares of mineral rights in the Timmins-Cochrane

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

2500 – 120 Adelaide St. West, Toronto, OntarioM5H 1T1

Phone: 416-214-2250

Fax: 416-367-1954

nickel-cobalt and base metal exploration targets a t 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”.

Forward-Looking Information

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.

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. The

Company does not assume any obligation to update or revise its forward-looking statements,

whether as a result of new information, future events or otherwise.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor

shall there be any sale of any of the securities in any jurisdiction in which such offer,

solicitation or sale would be unlawful, including any of the securities in the United States of

America. The securities have not been and will not be registered under the United States

Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws and may not

be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as

defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and

applicable state securities laws, or an exemption from such registration requirements is

available.