18:15:33 EDT Fri 08 May 2026
Enter Symbol
or Name
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Noble Mineral Exploration Inc (2)
Symbol NOB
Shares Issued 262,352,134
Close 2026-05-07 C$ 0.09
Market Cap C$ 23,611,692
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Noble Mineral shareholders approve Homeland share deal

2026-05-08 12:31 ET - News Release

Mr. Vance White reports

NOBLE ANNOUNCES RESULTS OF THE SPECIAL MEETING OF SHAREHOLDERS AND AGREEMENTS WITH MARKETING CONSULTANTS

Noble Mineral Exploration Inc. has released the results of its special meeting of shareholders held on May 7, 2026, and agreements with marketing consultants.

Approval of arrangement and reduction of stated capital

At the meeting, approximately 99.9 per cent of voting shareholders approved a special resolution authorizing an arrangement under Section 182 of the Business Corporations Act (Ontario) involving the company. Pursuant to the arrangement, the company will reorganize its share capital, with current common shares being exchanged for new common shares having the same rights and privileges as the pre-exchange shares and a pro rata portion of approximately nine million common shares of Homeland Nickel Inc. (distributed among the common shareholders of the company). It is currently anticipated that each Noble common share will entitle its holder to receive approximately 0.034 of a common share of Homeland. The actual distribution ratio of Homeland shares will be confirmed at a later date, based on the number of outstanding common shares of Noble at the record time for the arrangement.

The completion of the arrangement is subject to court approval and final approval of the TSX Venture Exchange. As of the date hereof, the company anticipates that the arrangement will be completed as shown in the attached table.

Holders of Noble warrants and options who wish to receive Noble shares entitled to participate in the distribution are invited to exercise their securities no later than a business day before the date of the arrangement (that is, Tuesday, May 26, 2026). Investors who are interested in acquiring Noble shares entitled to participate in the distribution should acquire Noble shares no later than two business days prior to the effective date of the arrangement (that is, Monday, May 25, 2026).

Noble will provide further updates regarding the completion of the arrangement, as well as related matters, as details are confirmed.

Also at the meeting, approximately 99 per cent of voting shareholders approved a special resolution authorizing Noble's board of directors to reduce the stated capital of the new Noble common shares, on one or more occasions, by up to $20-million in total.

Extension of agreement with marketing consultant

Noble announces that it has extended by a term of three months the agreement of GRA Enterprises LLC doing business as National Inflation Association (NIA) to provide marketing services to the company (the NIA services). The aggregate consideration for the NIA services to be provided during the extended term is $30,000 (U.S.) payable in three tranches at the beginning of each month of services. The NIA services include communications of Noble's activities through NIA's Inflation.us social media, and contacts with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the company and its activities. For further details regarding the agreement with NIA please refer to the news release issued by the company on Dec. 8, 2025. The retention of NIA to provide the NIA services, including Noble's option to extend the initial term, was approved by TSX Venture Exchange.

Agreement with marketing consultant

Noble announces that it has retained the services of Epstein Research (ER) to provide marketing and research services to the company for a term of three months. The ER services include communications of Noble's activities through ER's homepage, and interviews and commentaries addressed to the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the company and its activities. The aggregate consideration for the ER services is $5,000 (U.S.), payable in advance.

ER and its affiliates currently hold no shares of the company, however ER may from time to time acquire or dispose of securities of the company through the market, privately or otherwise, as circumstances or market conditions warrant. ER is at arm's length to Noble and has no other relationship with the company, except pursuant to the ER services agreement. The retention of ER to provide the ER services is subject to regulatory approval by TSX-V.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20 per cent) and its interest in the Holdsworth gold exploration property in the area of Wawa, Ont.

Noble holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and approximately 25,000 ha elsewhere in Quebec upon which it plans to generate option/joint venture exploration programs. Among those are included Noble's mineral rights and/or exploration rights in 18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, approximately 2,215 hectares in Thomas Twp/Timmins, and an additional 20-per-cent interest in approximately 38,700 hectares in the Timmins area held by East Timmins Nickel. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble's holdings in Ontario also include: approximately 4,600 hectares in the Nagagami carbonatite complex; and approximately 3,200 hectares in the Boulder project; both near Hearst, Ont. In Quebec, it holds: approximately 3,700 hectares in the Buckingham graphite property; approximately 10,152 hectares in the Havre St. Pierre nickel, copper, PGM (platinum group metal) property; approximately 1,573 hectares in the Cere-Villebon nickel, copper, PGM property; approximately 569-hectare uranium/rare-earth property (Chateau); approximately 461-hectare uranium/molybdenum property (Taser North); approximately 4,465 hectares REE Mehmet property; the approximately 3,300-hectare Gull Lake REE property; and the approximately 1,232-hectare Opawica scandium and REE property. In Newfoundland and Labrador, it holds approximately 647-hectare Chapiteau REE property.

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