Noble Mineral Settles Debt with Cash and Warrants, Advances Exploration Portfolio

Noble Mineral Exploration Inc., a Canadian junior exploration company trading on the TSX Venture Exchange under symbol NOB, has announced a strategic debt settlement agreement with an arm's length creditor. The company will settle bona fide debt through a combination of $14,000 in cash and the issuance of 466,666 broker warrants, each exercisable for one common share at $0.125 per share for two years. This transaction, which remains subject to approval from the TSX Venture Exchange and Noble's Board of Directors, includes a standard four-month hold period on all warrants issued. The original release on www.newmediawire.com provides full details of this financial arrangement.

Noble Mineral Exploration maintains an extensive portfolio of mineral exploration properties across Canada, with holdings in approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec. The company's diverse assets include significant interests in Canada Nickel Company Inc., Homeland Nickel Inc., and East Timmins Nickel Inc., along with its 20% stake in approximately 38,700 hectares in the Timmins area. Their flagship Project 81 in the Timmins-Cochrane region spans 18,000 hectares and hosts drill-ready gold, nickel-cobalt, and base metal exploration targets at various development stages. Additional properties include the Holdsworth gold exploration property near Wawa, Ontario, and multiple Quebec-based projects focusing on nickel, copper, platinum group metals, graphite, uranium, molybdenum, and rare earth elements.

The company's comprehensive exploration strategy encompasses properties like the Nagagami Carbonatite Complex and Boulder Project near Hearst, Ontario, the Buckingham Graphite Property, and multiple rare earth element projects in Quebec and Labrador. This debt settlement represents a strategic financial move for Noble as it continues to advance its exploration programs across these diverse mineral holdings. Investors can find more information through the company's official website at https://www.noblemineralexploration.com, where they can access detailed corporate information and exploration updates. The transaction demonstrates Noble's proactive approach to managing its financial obligations while maintaining focus on its core exploration activities across Canada's mineral-rich regions.