Noble Mineral receives final TSX-V OK for Cda Ni deal

May 20, 2020

2020-05-20 09:16 ET – News Release

Mr. Vance White reports

NOBLE RECEIVES FINAL EXCHANGE APPROVAL TO COMPLETE TRANSACTIONS WITH CANADA NICKEL COMPANY INC.

Noble Mineral Exploration Inc. has received final approval from the TSX Venture Exchange to complete the transaction with Canada Nickel Company Inc. that was announced in company news releases dated March 4, 2020, April 6, 2020, and May 12, 2020, and recently approved by Noble’s shareholders. Noble has entered into definitive agreements with Canada Nickel for that transaction, and shareholders should consult Noble’s news release of May 12, 2020 for greater details. Having received final approval of the TSX Venture Exchange, Noble plans to close the transactions under those definitive agreements as soon as possible, and will advise shareholders when this has been done. As part of that closing, Noble will receive a payment of $500,000 from Canada Nickel (half in cash and half through the cancellation of a debt currently payable to Canada Nickel), as well as 500,000 shares of Canada Nickel.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, holds in excess of 78,500 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration.

We seek Safe Harbor.

https://noblemineralexploration.com/