Nobel Closes Final Tranche of LIFE Offering

Executive Summary

• Nobel Resources Corp. closed the second and final tranche of its LIFE private placement, issuing 4,250,000 units at $0.05 per unit for gross proceeds of $212,500, bringing total issuance to 50,000,000 units and cumulative gross proceeds of $2,500,000.
• Each unit consists of one common share and half a warrant; warrants are exercisable at $0.06 after a 70‑day hold period and remain valid for 24 months.
• Net proceeds will be used to fund ongoing exploration on the Company’s Chilean mineral properties and for general corporate and working‑capital purposes.

Key Details

• Units Issued – Second Tranche: 4,250,000 units @ $0.05 per unit = $212,500 gross proceeds.
• Total Units Issued (All Tranches): 50,000,000 units for $2,500,000 gross proceeds.
• Unit Composition: 1 common share + ½ common‑share purchase warrant.
• Warrant Terms: Exercise price $0.06 per share; exercisable after 70 days; expires 24 months from issuance date.
• Lead Agent & Bookrunner: iA Private Wealth Inc., with syndicate members Velocity Trade Capital Ltd. and Haywood Securities Inc.
• Agent Compensation: Cash fee of $14,875 paid to agents.
• Broker Warrants Issued to Agents: 297,500 non‑transferable warrants, each exercisable at $0.05 per share for 24 months.
• Exemption & Hold Period: Units not subject to statutory hold period; offering relied on the listed issuer financing exemption under NI 45‑106 (Coordinated Blanket Order 45‑935). Final TSX Venture Exchange approval pending.
• Use of Proceeds: Primarily to continue exploration work on Chilean mineral properties; remainder for general corporate and working‑capital needs.
• Annual Meeting Update: Directors listed in the October 31, 2025 proxy were elected at the December 16, 2025 shareholders’ meeting; auditors and stock option plan approved.

Notable Quotes

• Larry Guy, CEO: “The successful close of the LIFE Offering provides us with the capital needed to advance our exploration program in Chile and supports our continued growth as a leading Canadian resource company.”