Noble Mineral Exploration Reaches Debt Settlement Agreement
Toronto, Ontario — February 19, 2026 — Leads & Copy —
Noble Mineral Exploration Inc. (TSX-V: NOB, FRANKFURT: NB7, OTCQB.PK:NLPXF) has announced an agreement with an arm’s length creditor to settle bona fide debt. The settlement involves a cash payment of $14,000 and the issuance of 466,666 broker warrants.
Each warrant is exercisable for one common share of Noble at a price of $0.125 per share. The warrants will be valid for a period of two years following their issuance.
The transaction is still subject to approval by the TSX Venture Exchange and Noble’s Board of Directors. All warrants issued as part of this agreement will be subject to a four-month holding period.
Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and the Holdsworth gold exploration property near Wawa, Ontario.
Noble holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and approximately 24,000 hectares elsewhere in Quebec. The company intends to develop option/joint venture exploration programs on these lands.
Noble possesses mineral rights and/or exploration rights in 18,000 hectares within the Timmins-Cochrane areas of Northern Ontario, known as Project 81. They also hold approximately 2,215 hectares in Thomas Twp/Timmins, as well as an additional 20% interest in approximately 38,700 hectares in the Timmins area held by East Timmins Nickel.
Project 81 features diversified drill-ready gold, nickel-cobalt, and base metal exploration targets at various stages of exploration. Noble also holds approximately 4,600 hectares in the Nagagami Carbonatite Complex and approximately 3,200 hectares in the Boulder Project, both located near Hearst, Ontario. Other holdings include approximately 3,700 hectares in the Buckingham Graphite Property, approximately 10,152 hectares in the Havre St Pierre Nickel, Copper, PGM property, and approximately 1,573 hectares in the Cere-Villebon Nickel, Copper, PGM property, approximately 569 hectare Uranium/Rare Earth property (Chateau), approximately 461 hectare Uranium/Molybdenum property (Taser North), approximately 4,465 hectares REE Mehmet Property, and the approximately 3300 hectare Gull Lake REE Property all of which are in the Province of Quebec and the approximately 647 hectare Chapiteau REE property in Labrador.
Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB”.
Source: Noble Mineral Exploration Inc.
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