Noble Undertakes Shares for Debt Settlement
2500 – 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
TSX.V: NOB FWB: NB7 OTC.PK: NLPXF
Noble Undertakes Shares for Debt Settlement
Toronto, Ontario – March 17, 2017-Noble Mineral Exploration Inc. (the "Company" or “Noble”) (TSX-
V:NOB, FRANKFURT:NB7, OTC.PK:NLPXF) announces that it has reached understanding or formal
agreement (the "Agreements") with a number of creditors (the "Creditors") to settle a significant portion
of Noble’s outstanding debts through the issuance of common shares . Pursuant to the Agreements,
Noble purposes to issue a total of 11,487,389 common shares to creditors to settle total indebtedness of
$689,243.33.
This transaction remains subject to Noble entering into definitive agreements with the creditors involved,
as well as to approval of the TSX Venture Exchange, in respect of Noble which will be submitting an
application for approval in due course, and approval of the Board of Directors of Noble.
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian based junior exploration company holding in excess of
70,641 hectares of mineral rights in the Timmins - Cochrane areas of Northern Ontario. The Company
also holds a portfolio of diversified exploration projects at various stages of exploration Gold i n the Wawa
area of Northern Ontario, and Uranium in Northern Saskatchewan. 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 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
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 Exc hange 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]