Toronto, Ontario / TheNewswire / December 20, 2017 - Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) announces that, subject to receiving final approval of the TSX Venture Exchange and any other required regulatory approvals, it is undertaking a private placement (the "Private Placement") of 620,000 flow-through shares ("Flow-Through Shares") at $0.17 per Flow-Through Share for aggregate gross proceeds of $105,400. Upon closing, a fee of $8,333 will be payable to a third party that conducted research and due diligence in connection with the Private Placement.
The securities issued in this 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.
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian based junior exploration company which, apart from 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.
