Nobel Closes Final Tranche of Non-Brokered Private Placement Offering

Executive Summary

• Nobel Resources Corp. closed the final tranche of its non‑brokered private placement, issuing 43,300,000 units at $0.05 per unit for gross proceeds of $2,165,000.
• Combined with the first tranche, the offering raised a total of $2,500,000 through the issuance of 50,000,000 units.
• Net proceeds will fund continued exploration on Chilean mineral properties and general corporate/working‑capital needs.

Key Details

• Final Tranche: 43,300,000 units @ $0.05 per unit → gross proceeds $2,165,000 (fully subscribed).
• First Tranche (Dec 11 2025): 6,700,000 units @ $0.05 per unit → gross proceeds $335,000.
• Total Offering: 50,000,000 units issued for gross proceeds $2,500,000.
• Unit Composition: 1 common share + ½ of a common‑share purchase warrant (each warrant allows purchase of one share at $0.06 until Jan 22 2028).
• Statutory Hold Period: Units subject to a four‑month‑plus‑one‑day hold period.
• Finder Compensation: Cash finder’s fees of $186,450 paid; 3,729,000 finder warrants issued (each warrant permits purchase of one share at $0.05 for 24 months).
• Use of Proceeds: Exploration on Chilean mineral properties; general corporate and working‑capital purposes.
• Regulatory Condition: Closing subject to final approval by the TSX Venture Exchange.
• Upcoming Placement: Company expects to close an additional private placement (announced Jan 9 2026) for gross proceeds of $250,000 on or before Jan 30 2026.

Notable Quotes

(No direct quotes provided in the release.)