Noble Mineral Closes its Non-Brokered Private Placement and Extends Warrants

(TheNewswire)

Toronto, Ontario – November 20,2025 – TheNewswire - Noble Mineral Exploration Inc. ( “Noble” or the “Company” )(TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to provide thefollowing updates.

Private Placement

Noble closed its previously announced non-brokeredprivate placement (the “ Private Placement ”).  (Please see Noble’snews release of November 10, 2025.)  Noble raised gross proceeds ofapproximately $1,027,997.94 (before fees and expenses) through theissuance of 17,133,299 flow-through common share units(“ FT Units ”) priced at $0.06 per unit.  Each FT Unit was comprisedof one common share issued as a “flow-through share” as defined inthe Income Tax Act (Canada) and designated as a flow-through commonshare (“ FT Share ”), and one-half non-flow-through common share purchasewarrant, with  each full warrant being exercisable for two years forone common share of the Company at an exercise price of $0.10 pershare.  In this Private Placement, Noble issued a total of 17,133,299FT Shares and 8,566,649 warrants.

In connection with the Private Placement, Noble paidaggregate cash commissions of approximately $43,050 and issued a totalof 647,497 broker warrants, each such broker warrant being exercisablefor two years for one common share of the Company at an exercise priceof $0.06 per share.

All securities issued in this Private Placement aresubject to a four month hold period.

The closing proceeded after conditional approval of thePrivate Placement was granted by the TSX Venture Exchange (the“ Exchange ”), and remains subject to final approval of the Exchange,as well as any other required regulatory approvals.

Noble intends to use the proceeds raised through thePrivate Placement to fund exploration expenditures on the Company’sproperties located in Ontario.

Extension of Warrants

Noble has extended the term of a total of 7,933,3333common share purchase warrants (the “ Extended Warrants ”)that were issued as part of two of the Company’s previouslycompleted private placements in 2022 and 2023. The Extended Warrantsare now due to expire in November 2027 and December 2027. For furtherdetails, please refer to the news release issued by the Company onNovember 6, 2025. Noble has received final approval of the Exchangefor the extension of the Extended Warrants.

Noble intends to notify each holder of the ExtendedWarrants, but it will not issue replacement warrant certificatesunless requested by holders. Original warrant certificates must bepresented to the Company in order to effect the exercise of theExtended Warrants.

About Noble Mineral ExplorationInc.

Noble Mineral Exploration Inc. is a Canadian-basedjunior exploration company, which has holdings of securities in CanadaNickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc.(20%), and its interest in the Holdsworth gold exploration property inthe area of Wawa, Ontario.

Noble holds mineral and/or exploration rights in~70,000ha in Northern Ontario and ~24,000ha elsewhere in Quebec uponwhich it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in~18,000 hectares in the Timmins-Cochrane areas of Northern Ontarioknown as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well asan additional 20% interest in ~38,700 hectares in the Timmins area and~175 hectares of mining claims in Central Newfoundland. Project 81hosts diversified drill-ready gold, nickel-cobalt and base metalexploration targets at various stages of exploration. Noble also holds~4,600 hectares in the Nagagami Carbonatite Complex and its ~3,200hectares in the Boulder Project both near Hearst, Ontario.  ~3,700hectares in the Buckingham Graphite Property, ~10,152 hectares in theHavre St Pierre  Nickel, Copper, PGM property, and ~1,573 hectares inthe Cere-Villebon Nickel, Copper, PGM property, ~569 hectareUranium/Rare Earth property (Chateau), ~461hectare Uranium/Molybdenum property (Taser North),  ~4,465 hectaresREE Mehmet Property, and the ~3,000 hectare Gull Lake REE Property allof which are in the province of Quebec .

https://www.noblemineralexploration.com

Noble’s common shares trade on theTSX Venture Exchange under the symbol “NOB”.

Cautionary Statement

Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release. No stock exchange, securities commission or otherregulatory authority has approved or disapproved the informationcontained herein.

The foregoing information may contain forward-lookingstatements relating to the future performance of Noble MineralExploration Inc. Forward-looking statements, specifically thoseconcerning future performance, are subject to certain risks anduncertainties, and actual results may differ materially from theCompany’s plans and expectations. These plans, expectations, risksand uncertainties are detailed herein and from time to time in thefilings made by the Company with the TSX Venture Exchange andsecurities regulators.  Noble Mineral Exploration Inc. does notassume any obligation to update or revise its forward-lookingstatements, whether as a result of new information, future events orotherwise.

Contacts

H. Vance White, President

Phone:        416-214-2250

Fax:                416-367-1954

Email: info@noblemineralexploration.com

Investor Relations:ir@noblemineralexploration.com

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