Noble Mineral Exploration Inc. (TSXV:NOB) announced a non-brokered private placement on best-effort basis of 10,000,000 common share units at a price of CAD 0.10 per unit for gross proceeds of CAD 1,000,000 on January 23, 2019. Each common share unit issued in the transaction will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one share at an exercise price of CAD 0.11 per share for a period of three years following the closing. The company may pay a cash commission of up to 7% of the amount raised to those providing assistance with the transaction, together with the issuance of broker warrants for 10% of the number of common share units issued. The securities to be issued in transaction will be subject to a four-month hold period. The closing of the private placement is subject to completion of formal documentation and the approval of the TSX Venture Exchange, as well as any other required regulatory approvals.