Noble Mineral Exploration Inc: Announces Stock Option Grants
TORONTO, Jan 22, 2016 - Noble Mineral Exploration Inc. (the "Company") (TSX VENTURE:NOB )(OTC PINK:NLPXF) (FRANKFURT:NB7) announces the grant of 7,350,000 options to officers, directors, service providers and consultants. 4,350,000 of these options were granted to directors and officers of the Company, and the balance of 3,000,000 options were granted to consultants and service providers. Each option has a three year term and is exercisable at $0.05 per share. 300,000 of the options granted vest in equal quarterly instalments of 25%, with the balance of the options vesting immediately. About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian based junior exploration company holding in excess of 69,711 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.
Contact
Noble Mineral Exploration Inc.
H. Vance White, President
416-214-2250
416-367-1954
info@noblemineralexploration.com
Noble Mineral Exploration Inc.
Investor Relations
416-214-2250
ir@noblemineralexploration.com