Nobel Resources arranges $250,000 private placement

Executive Summary

• Nobel Resources Corp. has announced a non-brokered private placement offering of 4,166,667 units at $0.06 per unit, raising gross proceeds of up to $250,000.
• Each unit consists of one common share and one-half of one common share purchase warrant, with warrants exercisable at $0.075 per share for 24 months.
• Net proceeds will be utilized for exploration work on Chilean mineral properties, specifically the Cuprita project, as well as general corporate and working capital purposes.

Key Details

• Transaction Structure: Non-brokered private placement.
• Units Offered: 4,166,667 units.
• Price Per Unit: $0.06.
• Gross Proceeds: Up to $250,000.
• Warrant Terms: Each unit includes one-half of one common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of $0.075.
• Warrant Expiration: 24 months from closing.
• Use of Proceeds: Exploration of Chilean mineral properties (Cuprita project) and general corporate/working capital.
• Closing Date: Expected on or before January 29, 2026.
• Regulatory Approval: Subject to approval by the TSX Venture Exchange.