Financings
Noble Mineral to settle debt with cash, warrants

NOB · Price
Executive Summary
- Noble Mineral Exploration Inc. has entered into a settlement agreement with an arm's-length creditor to resolve bona fide debt.
- The settlement involves a combination of cash payment and equity issuance, specifically 466,666 broker warrants exercisable at $0.125 per share.
- The transaction is contingent upon final approval from the TSX Venture Exchange and the company's board of directors.
Key Details
- Settlement Consideration:
- Cash Payment: $14,000.
- Equity Issuance: 466,666 broker warrants.
- Warrant Terms:
- Exercise Price: $0.125 per common share.
- Exercise Period: Two years following issuance.
- Hold Period: Four-month hold period applies to all warrants issued in this transaction.
- Regulatory Status: The transaction remains subject to approval by the TSX Venture Exchange and the board of directors of Noble Mineral Exploration Inc.
Notable Quotes
- None provided in the release.
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Jul 21, 2026 · 07:30