Noble Mineral Exploration Announces Shareholder Meeting Results and Marketing Agreements

TORONTO — May 8, 2026 — Leads & Copy — Noble Mineral Exploration Inc. (TSXV: NOB) (OTCQB: NLPXF) has announced the results of its Special Meeting of shareholders and agreements with marketing consultants.

At the Meeting on May 7, 2026, approximately 99.9% of voting shareholders approved a special resolution authorizing an arrangement under section 182 of the Business Corporations Act (Ontario) involving the Company. Under the arrangement, Noble will reorganize its share capital, exchanging current common shares for new common shares with the same rights and privileges and a pro rata portion of approximately 9,000,000 common shares of Homeland Nickel Inc.

It is anticipated that each Noble common share will entitle its holder to receive approximately 0.034 of a Homeland common share. The actual distribution ratio of Homeland shares will be confirmed later, based on the number of outstanding Noble common shares at the record time for the Arrangement.

The completion of the Arrangement is subject to court approval and final approval of the TSX Venture Exchange. The company anticipates the arrangement will be completed as follows:

Hearing for final court order scheduled for Friday, May 15, 2026 at 10:00 a.m. Toronto time. The effective date of Arrangement is scheduled for Wednesday, May 27, 2026 at 12:01 a.m. Toronto time (to be confirmed). The record time for Distribution is scheduled for Wednesday, May 27, 2026 at 12:00 a.m. Toronto time (to be confirmed). First trading date with the new CUSIP is scheduled for Friday, May 29, 2026 (to be confirmed).

Holders of Noble warrants and options who wish to receive Noble Shares entitled to participate in the Distribution are invited to exercise their securities no later than Tuesday, May 26, 2026. Investors who are interested in acquiring Noble shares entitled to participate in the Distribution should acquire Noble Shares no later than Monday, May 25, 2026.

Noble will provide further updates regarding the completion of the Arrangement, as well as related matters, as details are confirmed.

Also at the Meeting, approximately 99% of voting shareholders approved a special resolution authorizing Noble’s Board of Directors to reduce the stated capital of the new Noble common shares, on one or more occasions, by up to $20,000,000 in total.

Noble has extended by three months the agreement of GRA Enterprises LLC DBA National Inflation Association (“NIA”) to provide marketing services to the Company. The aggregate consideration for the NIA Services to be provided during the extended term is USD$30,000 payable in three tranches at the beginning of each month of services. The NIA Services include communications of Noble’s activities through NIA’s Inflation.us social media, and contacts with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the Company and its activities. For further details regarding the agreement with NIA please refer to the news release issued by the Company on December 8, 2025. The retention of NIA to provide the NIA Services, including Noble’s option to extend the initial term, was approved by TSXV.

Noble has retained the services of Epstein Research (“ER”) to provide marketing and research services to the Company for a term of three months. The ER Services include communications of Noble’s activities through ER’s homepage, and interviews and commentaries addressed to the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the Company and its activities. The aggregate consideration for the ER Services is USD$5,000, payable in advance.

ER and its affiliates currently hold no shares of the Company, however ER may from time to time acquire or dispose of securities of the Company through the market, privately or otherwise, as circumstances or market conditions warrant. ER is at arm’s length to Noble and has no other relationship with the Company, except pursuant to the ER Services agreement. The retention of ER to provide the ER Services is subject to regulatory approval by TSXV.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company with holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.

Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario and ~25,000 ha elsewhere in Quebec upon which it plans to generate option/joint venture exploration programs. Included are Noble ‘s mineral rights and/or exploration rights in 18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, and an additional 20% interest in ~38,700 hectares in the Timmins area held by East Timmins Nickel. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble’s holdings in Ontario also include: ~4,600 hectares in the Nagagami Carbonatite Complex; and ~3,200 hectares in the Boulder Project; both near Hearst, Ontario. In Quebec, it holds: ~3,700 hectares in the Buckingham Graphite Property; ~10,152 hectares in the Havre St Pierre Nickel, Copper, PGM property; ~1,573 hectares in the Cere-Villebon Nickel, Copper, PGM property; ~569 hectare Uranium/Rare Earth property (Chateau); ~461 hectare Uranium/Molybdenum property (Taser North); ~4,465 hectares REE Mehmet Property; the ~3,300 hectare Gull Lake REE Property; and the ~1,232 hectare Opawica Scandium and REE Property. In Newfoundland and Labrador, it holds the~ 647 hectare Chapiteau REE property.

Source: Noble Mineral Exploration Inc.