Nobel Closes Final Tranche of Non-Brokered Private Placement Offering

Core Viewpoint - Nobel Resources Corp. has successfully closed the final tranche of its non-brokered private placement, raising a total of $2,500,000 through the issuance of 50,000,000 units, which will be used for exploration and working capital purposes [1][3]. Group 1: Offering Details - The final tranche consisted of 43,300,000 units priced at $0.05 each, generating gross proceeds of $2,165,000 [1]. - The first tranche, completed on December 11, 2025, involved 6,700,000 units for gross proceeds of $335,000 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one share at $0.06 until January 22, 2028 [2]. Group 2: Financial Aspects - The total gross proceeds from the offering amount to $2,500,000 [1]. - The company paid cash finder's fees of $186,450 and issued 3,729,000 finder's warrants, each allowing the purchase of one common share at $0.05 for 24 months [4]. Group 3: Future Plans - The net proceeds will be allocated to exploration work on the company's mineral properties in Chile and for general corporate and working capital purposes [3]. - The company anticipates closing another private placement for gross proceeds of $250,000 by January 30, 2026 [5]. Group 4: Company Overview - Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects, supported by a team with a strong background in exploration success [6].