Noble Acquires North Bradshaw Property in Northern Ontario and Provides Final Information on Arrangement

Noble Mineral Exploration Inc. has entered into an agreement to acquire the North Bradshaw Property from Gravel Ridge Resources Ltd. and 1544230 Ontario Inc. The transaction requires a total cash consideration of $73,000, payable in installments over three years: $10,000 on signing, $15,000 on the first anniversary, $18,000 on the second, and $30,000 on the third. The equity consideration consists of 600,000 common shares of Noble Mineral Exploration Inc.

Vendors retain a 1.5% Net Smelter Returns (NSR) royalty, with an option for Noble to buy back 0.5% for $500,000. The property is contiguous to the Gowest Bradshaw Gold Property, held by GoWest Gold Ltd., and lies within the Abitibi Greenstone Belt.

Noble Mineral Exploration Inc. (NOB) incurred a $73,000 cash outlay over three years, an amount considered immaterial relative to the company’s $1.5 million cash position and a recent $1.05 million private placement. The transaction involved the issuance of 600,000 shares, representing approximately 0.23% dilution to the ~264 million outstanding shares.

The acquisition aligns with the company's established strategy of staking and acquiring small, early-stage properties to build a diversified portfolio across Ontario and Quebec. No immediate exploration or drilling is announced for North Bradshaw, which serves as a long-term portfolio addition.

Noble Mineral Exploration Inc. holds approximately 70,000 hectares in Northern Ontario and ~14,000 hectares across Quebec and Newfoundland. The company focuses on critical minerals, including REE, Scandium, Nickel, and Gold, as well as precious metals, leveraging government grants such as the Ontario Joint Exploration Program (OJEP) and joint ventures to fund exploration. Strategic holdings include securities in Canada Nickel Company, Homeland Nickel Inc., and a 20% interest in East Timmins Nickel Ltd.