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Noble Plains Announces $1,000,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Noble Plains Uranium Corp. (TSXV: NOBL) (FSE: INE0) ("Noble Plains" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 10,000,000 units (each, a "Unit") at a price of $0.10 per Unit for gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share of the Company (each, a "Share") and one-half of one common share purchase warrant. Each whole warrant (each, a...
About this update from Noble Plains Uranium Corp
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Noble Plains Uranium Corp. (TSXV: NOBL) (FSE: INE0) ("Noble Plains" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 10,000,000 units (each, a "Unit") at a price of $0.10 per Unit for gross proceeds of up to $1,000,000.","length":373,"tagName":"p"},{"type":"text","content":"Each Unit will be comprised of one common share of the Company (each, a "Share") and one-half of one common share purchase warrant. Each whole warrant (each, a "Warrant") will entitle the holder to acquire one additional Share at a price of $0.15 per Share for a period of two years from the date of issuance. The Warrants are subject to an accelerated expiry provision such that if, at any time following the date that is 61 days after the closing date of the Offering, the closing price of the Common Shares on the TSX Venture Exchange ("TSXV"), or such other market on which the Common Shares may trade from time to time, is at or above $0.30 for ten (10) consecutive trading days, the Company may accelerate the expiry date of the Warrants by issuing a press release announcing the accelerated expiry date. In such event, the Warrants will expire on the fifth (5th) day following the date of such press release. Holders may exercise their Warrants during the period between the date of the press release and the accelerated expiry date.","length":1070,"tagName":"p"},{"type":"text","content":"The Company expects to use the proceeds of the Offering to carry out exploration work on the Company's Duck Creek and Shirley Central uranium projects located in the prolific Powder River Basin and past producing Shirley Basin of Wyoming, as well as for general working capital purposes.","length":291,"tagName":"p"},{"type":"text","content":"The Company may pay finders fees consisting of cash and non-transferable share purchase warrants in accordance with the policies of the TSXV.","length":141,"tagName":"p"},{"type":"text","content":"The Offering is subject to TSXV approval. All securities to be distributed under the Offering will be subject to a statutory hold period of four months and one day from the closing date of the Offering in accordance with applicable securities laws.","length":248,"tagNam...