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Financings

Nobel Resources arranges $250,000 private placement

By The Northwire Desk — AI Analysis Jan 09, 2026 · 11:00 NBLC · 0.075 Nobel Resources Corp.
NBLC · Price

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.
Read the original news release →

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