Noble Shareholders Approve the Arrangement with Canada Nickel
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 Shareholders Approve the Arrangement with Canada Nickel
December 30, 2019 – Noble Mineral Exploration Inc. (TSX- V NOB) (“Noble” or the
“Company”) is pleased to announce the results of its Special Meeting of shareholders (the
“Meeting”) held on December 27, 2019. At the Meeting, 99.99% of voting shareholders
approved a special resolution (the " Arrangement Resolution") authorizing an arrangement
(the "Arrangement") under section 182 of the Business Corporations Act (Ontario) involving
the Company and Canada Nickel Company Inc. (" Canada Nickel"). Pursuant to that
arrangement, the Company will reorganize its share capital, with current common shares
being exchanged for new common shares and a pro rata portion of approximately 10,000,000
common shares of Canada Nickel (distributed among the common shareholders of the
Company).
The completion of the Arrangement is subject to court approval and final approval of the TSX
Venture Exchange. The Company will provide further announcements regarding the timing
of completion of the Arrangement , as well as related conditions, when they have been
determined.
About Noble Mineral Exploration Inc.
Noble Mineral Exploration Inc. is a Canadian -based junior exploration company which, in
addition to its shareholdings in in Spruce Ridge Resources Ltd. and MacDonald Mines
Exploration Ltd., and its interest in the Holdsworth gold exploration property 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,
nickel-cobalt and base metal exploration targets at various st ages 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”.
Contacts (Noble):
H. Vance White, President
Phone: 416-214-2250 Fax: 416-367-1954 Email: [email protected]
Investor Relations Email: [email protected]
Forward-Looking Information
2500 – 120 Adelaide St. West, Toronto, OntarioM5H 1T1
Phone: 416-214-2250
Fax: 416-367-1954
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 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 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 n ot 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.