Nobel Resources Corp. (TSX–V: NBLC) (OTCPK: NBTRF) announces that it has closed, on a fully-subscribed basis, the final tranche of its previously anounced non-brokered private placement offering of 43,300,000 units at a price of $0.05 per Unit for gross proceeds $2,165,000. The Company closed the first tranche of the Offering on December 11, 2025 and issued 6,700,000 Units for gross proceeds of $335,000. Pursuant to the Offering, the Company has issued an aggregate of 50,000,000 Units for gross proceeds of $2,500,000.
Each Unit consists of one common share of the Company and one-half of one common share purchase warrant. Each Warrant entitles the holder to purchase one Share at a price of $0.06 until January 22, 2028. The securities issued pursuant to the Offering are subject to a statutory hold period of four months and one day.
The net proceeds of the Offering will be used by the Company to continue the exploration work on its Chilean mineral properties as well as general corporate and working capital purposes.
In connection with the Offering, the Company paid cash finder’s fees of $186,450 and issued 3,729,000 finder’s warrants to eligible finders. Each Finder Warrant entitles the holder to acquire one Common Share at a price of $0.05 for a period of 24 months following the date hereof. The Offering remains subject to the final approval of the TSX Venture Exchange.
The Company expects to close the private placement annoucned on January 9, 2026 for gross proceeds of $250,000 on or before January 30, 2026.
About Nobel
Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects. The Company has a team with a strong background of exploration success.
For further information, please contact:
Larry Guy
Chief Executive Officer
647-276-0533
Vincent Chen
Investor Relations
vchen@nobel-resources.com
www.nobel-resources.com
Eloro Resources Ltd. (TSX: ELO) (FSE: P2QM) is pleased to announce the closing of its previously an... READ MORE
Minera Alamos Inc. (TSX-V: MAI) (OTCQX: MAIFF) is pleased to announce updated Mineral Resource and M... READ MORE
Rare Element Resources Ltd. (OTCQB: REEMF) is pleased to report that its previously announced... READ MORE
Ero Copper Corp. (TSX: ERO) (NYSE: ERO) is pleased to announce its operating and financial results f... READ MORE
TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) is pleased to announce preliminary resu... READ MORE