Noble Minerals Announces Non-Brokered Private Placement

About this update from Noble Mineral Exploration Inc.

[{"type":"text","content":"Noble Minerals Announces Non-Brokered Private Placement \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toronto, Ontario -\n \n \n TheNewswire -\n \n \n November 24, 2023 -\n \n \n Noble Mineral Exploration Inc.\n \n \n (\n \n \n “Noble”\n \n \n or the\n \n \n “Company”\n \n \n )\n \n \n (TSX-V:NOB\n \n \n )\n \n \n (\n \n \n FRANKFURT:NB7\n \n \n )\n \n \n (\n \n \n OTC:NLPXF)\n \n \n is pleased to announce that it is undertaking a non-brokered\nprivate\n \n \n placement (the “\n \n \n Private Placement\n \n \n ”), on a best efforts basis, involving the issuance of up\nto 10,000,000\n \n \n flow-through\n \n \n common\n \n \n share\n \n \n units\n \n \n (“\n \n \n FT\n \n \n Units\n \n \n ”)\n \n \n priced\n \n \n at\n \n \n $0.075\n \n \n per unit, subject to increase of up to 25% at the discretion\nof Noble should investor interest warrant doing so. The gross proceeds\nto be raised are up to $750,000 (before fees and expenses), subject to\nincrease as noted.\n \n \n Each FT Unit will be\n \n \n comprised of\n \n \n one common\nshare\n \n \n to be issued as a “flow-through share”\nas defined in the\n \n \n Income Tax\nAct\n \n \n (Canada) and designated as a flow-through\ncommon share (“\n \n \n FT\nShare\n \n \n ”)\n \n \n and one-half\nnon-flow-through common share purchase warrant, each full warrant\n(“\n \n \n Warrant\n \n \n ”) exercisable for\n \n \n two\nyears\n \n \n for one common share in the capital of the\nCompany at an exercise price of $0.125 per common share.\n \n \n \n \n The Company may pay compensation to a broker conducting\ndue diligence on investors, with the compensation to be paid in cash\nplus broker warrants of up to 7% of the number of FT Units placed in\nthe Private Placement (the “\n \n \n Broker Warrants\n \n \n ”), each Broker Warrant\nexercisable for two years for one common share in the capital of the\nCompany at an exercise price of $0.075 per common share.\n \n \n \n \n The securities to be issued in this Private Placement\nare subject to a four month hold period.\n \n \n \n \n The Private Placement is subject to completion of\nformal documentation and the approval of the TSX Venture E...

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