|December 19, 2019|
Noble Completes Royalty Reduction Agreements
|December 19, 2019 -- Noble Mineral Exploration Inc. (TSX-V NOB) ("Noble" or the "Company") is pleased to announce that it has completed the acquisition of the 5% net smelter royalty applicable to ~55,000 hectare of patented mineral rights on its Project 81 in the Timmins-Cochrane area of northern Ontario. As a result of doing so, those patented properties are now only subject to a 2% royalty. (See Noble's news releases of October 24, 2019 and November 28, 2019 for more information.) Approximately 24,000 additional hectares of the Company's Project 81 are not subject to any royalty.|
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