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Noble Announces Extension of Warrants

01.04.2013  |  The Newswire
Apr 1st, 2013 Copyright (c) 2013 TheNewswire - All rights reserved.


(via Thenewswire.ca)


Toronto, Ontario - April 1, 2013, Noble Mineral Exploration Inc. (the "Company", "Noble" or "NOB") (TSX-V:NOB, FRANKFURT:NB7, OTC.PK:NLPXF) announces that, further to its press release of March 22, 2013, it has received approval from the TSX Venture Exchange (the "Exchange") for a one-year extension to the term of issued and outstanding warrants that had been scheduled to expire on April 13, 2013 (the "Warrants"). The Company has extended the expiry date of the Warrants to April 13, 2014. The exercise price of the Warrants remains $0.20 per share.


The Warrants, to purchase 17,647,058 common shares, were issued as part of a private placement that closed on April 13, 2011. Gross proceeds of approximately $1,500,000 were raised in that private placement. Since issuance, none of the warrants have been exercised and all of the Warrants are outstanding.


About Noble Mineral Exploration Inc.:


Noble Mineral Exploration Inc. is a Canadian based junior exploration company holding in excess of 72,000 hectares of property in the Timmins, Iroquois Falls and Smooth Rock Falls areas of Northern Ontario. The Company also holds a portfolio of diversified exploration projects at various stages of exploration Gold in the Wawa area of Northern Ontario, and Uranium in Northern Saskatchewan. More detailed information is available on the website at www.noblemineralexploration.com


Cautionary Statement:


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.


The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.


Contacts:


H. Vance White, President


Phone: 416-214-2250


Fax: 416-367-1954


Email:info@noblemineralexploration.com


Investor Relations


Phone: 416-214-2250


Email: ir@noblemineralexploration.com

Copyright (c) 2013 TheNewswire - All rights reserved.


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