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Nobel Closes Final Tranche of Non-Brokered Private Placement Offering
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUT...
About this update from Nobel Resources Corp
[{"type":"text","content":"Nobel Closes Final Tranche of Non-Brokered Private Placement Offering\nTHIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Nobel Resources Corp. (TSX–V: NBLC; OTCPK: NBTRF) (the “Company” or “Nobel”) announces that it has closed, on a fully-subscribed basis, the final tranche of its previously anounced non-brokered private placement offering of 43,300,000 units (each a “Unit”) at a price of $0.05 per Unit for gross proceeds $2,165,000 (the “Final Tranche”). The Company closed the first tranche of the Offering on December 11, 2025 and issued 6,700,000 Units for gross proceeds of $335,000 (the “First Tranche” and together with the Final Tranche, the “Offering”). Pursuant to the Offering, the Company has issued an aggregate of 50,000,000 Units for gross proceeds of $2,500,000. Each Unit consists of one common share of the Company (each, a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one Share at a price of $0.06 until January 22, 2028. The securities issued pursuant to the Offering are subject to a statutory hold period of four months and one day. The net proceeds of the Offering will be used by the Company to continue the exploration work on its Chilean mineral properties as well as general corporate and working capital purposes.   In connection with the Offering, the Company paid cash finder’s fees of $186,450 and issued 3,729,000 finder’s warrants (the “ Finder Warrants ”) to eligible finders. Each Finder Warrant entitles the holder to acquire one Common Share at a price of $0.05 for a period of 24 months following the date hereof. The Offering remains subject to the final approval of the TSX Venture Exchange. The Company expects to close the private placement annoucned on January 9, 2026 for gross proceeds of $250,000 on or before January 30, 2026. About Nobel Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects. The Company has a team with a st...