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Nobel Closes Final Tranche of Non-Brokered Private Placement Offering

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

TORONTO, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Nobel Resources Corp. (TSX–V: NBLC; OTCPK: NBTRF) (the "Company" or "Nobel") announces that it has closed, on a fully-subscribed basis, the final tranche of its previously anounced non-brokered private placement offering of 43,300,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds $2,165,000 (the "Final Tranche"). The Company closed the first tranche of the Offering on December 11, 2025 and issued 6,700,000 Units for gross proceeds of $335,000 (the "First Tranche" and together with the Final Tranche, the "Offering"). Pursuant to the Offering, the Company has issued an aggregate of 50,000,000 Units for gross proceeds of $2,500,000.

Each Unit consists of one common share of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one Share at a price of $0.06 until January 22, 2028. The securities issued pursuant to the Offering are subject to a statutory hold period of four months and one day.

The net proceeds of the Offering will be used by the Company to continue the exploration work on its Chilean mineral properties as well as general corporate and working capital ...