Listen to this articleNoble Mineral Exploration Inc. has announced the results of its Annual General and Special Meeting of the shareholders. The meeting took place on Monday, March 14, 2022. The Board of directors approved various measures at the meeting. They approved a special resolution to decrease the number of company directors from 6 to 5.
The management of the company proposed directors and shareholders approved them. The company management includes Samuel Peralta, H Vance White, Michael Newbury, J. Birks Bovaird, and Yvan Champagne. The meeting also confirmed the re-appointment of the Company’s auditor for the upcoming year of MNP LLP.
Equity Incentive Plan & Shareholder Rights Plan
They also approved the company’s Equity Incentive Plan and the Shareholder Rights Plan of the company for 2022. The Sales Transaction and Option Transaction between the Company and Canada Nickel Company Inc. were permitted during the meeting.
The Board of directors also re-appointed a number of previously terminated officers to their former positions. The TSX Venture Exchange granted conditional approval for the Sales Transaction and Option Transaction. However, the TSXV will give final approval after the completion of the subject.
However, Noble plans the closing of those 2 transactions will happen within a couple of days. The company will release a press statement to confirm such closing. You can find more details on the Sale Transaction and Option Transaction. The company issued press releases on 22nd November 2021 and 24th February 2022.
Noble Mineral Exploration Inc.
The Canadian-based Noble Mineral Exploration Inc. is a junior exploration company. Noble maintains its shareholdings in Canada Nickel Company Inc., MacDonald Mines Exploration Ltd., and Spruce Ridge Resources Ltd.
The company has an interest in the area of Wawa, Ontario, in the Holds-worth gold exploration property. It will supposedly continue to hold around 40 thousand hectares of mineral rights for Project 81. This project includes mineral rights in Northern Ontario in the Timmins-Cochrane areas.
Project 81 also includes an additional 44 thousand hectares in Central Newfoundland and 11 thousand hectares for mining in the Timmins area. This project holds multiform drill-ready gold, base metal, and nickel-cobalt exploration objectives at different stages during exploration.
The company will also hold its recently developed Nagagami Carbonatite Complex near Hearst, Ontario. However, the Laverlochere Nickel, PGM property, the Buckingham Graphite Property, Copper, PGNM property, and Cere-Villebon Nickel are in Quebec province.
It is noteworthy that Noble trades common shares on the TSX Venture Exchange with the symbol ‘NOB’. You can visit the company’s website www.noblemineralexploration.com to find more information.
Statement from TSX Venture Exchange
The Company said TSX Venture Exchange or its Regulation Services Provider will not accept responsibility for the accuracy of this release. It is important that the term is mentioned in the TSX Venture Exchange policies. However, any stock exchange, securities commission, or other regulatory authorities haven’t yet approved or disapproved of information.
The above-provided information supposedly contains predictions related to the future performance of the company. Some suggestions and predictions related to statements or future performance concerns are considered fueling more risks and distrust.
Meanwhile, the original results could differ fundamentally from the expectations and plans of the Company. These plans include risks, expectations, and doubts are detailed in the filings. The Company made effective plans in collaboration with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. said it doesn’t assume any obligation to update or revise its statements.
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