Noble Mineral holders OK Crawford spinout at meeting

Jan 2, 2020

2019-12-30 07:40 ET – News Release

Mr. H. Vance White reports

NOBLE SHAREHOLDERS APPROVE THE ARRANGEMENT WITH CANADA NICKEL

Noble Mineral Exploration Inc. has released the results of its special meeting of shareholders held on Dec. 27, 2019. At the meeting, 99.99 per cent of voting shareholders approved a special resolution authorizing an arrangement under Section 182 of the Business Corporations Act (Ontario) involving the company and Canada Nickel Company Inc. Pursuant to that arrangement, the company will reorganize its share capital, with current common shares being exchanged for new common shares and a pro rata portion of approximately 10 million common shares of Canada Nickel (distributed among the common shareholders of the company).

The completion of the arrangement is subject to court approval and final approval of the TSX Venture Exchange. The company will provide further announcements regarding the timing of completion of the arrangement, as well as related conditions, when they have been determined.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company that, in addition to its shareholdings in Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., as well as its interest in the Holdsworth gold exploration property in the area of Wawa, Ont., holds in excess of 78,000 hectares of mineral rights in the Timmins-Cochrane area of Northern Ontario known as Project 81.

We seek Safe Harbor.

http://www.noblemineralexploration.com