SMM5 March 21: recently, Noble Mineral Exploration Company (Noble Mineral Exploration Inc.) announced that it has received final approval from TSX Venture Exchange to complete the deal with Nickel Canada. It was announced in the company press releases of March 4, 2020, April 6, 2020 and May 12, 2020 that it had been approved by the company's shareholders.
Noble has reached a final agreement with Nickel Canada on the transaction, and Noble plans to complete the transactions under these final agreements as soon as possible after obtaining final approval from TSX Venture Exchange, and to advise shareholders upon completion. As part of the transaction, Noble will receive a payment of C $500000 from Nickel Canada (half of the cash and half through the cancellation of debt currently payable to Nickel Canada) and 500000 shares of Canadian Nickel.
It is reported that, Noble Mineral Exploration Inc. Is a junior Canadian exploration company, except in Nickel Company Inc.,Spruce Ridge Resources Ltd., Canada And MacDonald Mines Exploration Ltd. In addition to its equity, it also has an interest in Holdsworth Gold Mine. The (Wawa) region of Wawa, Ontario has 78500 hectares of mineral rights, known as Project81, in the Timmins-Cochrane area of northern Ontario. Project81 has gold, nickel, cobalt and base metal exploration targets ready to drill at different stages.
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