Noble Receives Final Approval of its Private Placement

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

Noble Receives Final Approval of its Private Placement

Toronto, Ontario – September 21, 2017 – Noble Mineral Exploration Inc. ( “Noble” or the

“Company”) (TSX-V: NOB, FRANKFURT: NB7, OTC.PK:NLPXF) is pleased to announce that the

financing (the “Private Placement”) it announced on August 25, 2017 has received the final approval of

the TSX Venture Exchange. As previously announced (see the Company’s news releases of September 1

and 7, 2017), Noble raised in the two tranches of the Private Placement aggregate gross proceeds of

$1,199,999.7 through the issuance of 19,999,995 common share units and $750,000 through the issuance

of 10,000,000 flow-through units.

In the two tranches of the Private Placement, Noble paid a total of $107,819.98 as cash commission, and

issued 746,666 broker warrants exercisable for common share units at $0.06 per unit, and 1,000,000 broker

warrants exercisable for common share units at $0.075 per unit. All broker warrants are exercisable for 5

years.

Each common share unit in this Private P lacement (or upon exercise of broker warrants) is comprised of

one common share and one warrant exercisable at $0.10 per common share for 5 years. Each flow-through

unit is comprised of one flow -through common share and one warrant exercisable at $0.10 per common

share for 5 years.

The securities issued in the Private Placement are subject to a hold period of four months and one day.

Noble will use the proceeds of the Private Placement to continue its exploration activities, to pay debts and

for general working capital purposes.

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian based junior exploration company which, apart fr om its

shareholdings in MacDonald Mines Exploration Ltd. and its interest in the Holdsworth gold exploration

property in the area of Wawa, Ontario, holds in excess of 70,641 hectares of mineral rights in the Timmins

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

base metal exploration targets at various stages of exploration. More detailed information is available on

the website at www.noblemineralexploration.com.

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 accura cy 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

Email: [email protected]

Investor Relations

Email: [email protected]