Noble Receives Final Court Order for Arrangement

TORONTO, May 19, 2026 – TheNewswire - Noble Mineral Exploration Inc. (“ Noble ” or the “ Company ”) (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce that on May 15, 2026, the Ontario Superior Court of Justice (Commercial List) issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “ Arrangement ”). Receipt of the final order follows Noble's special meeting of shareholders held on May 7, 2026, where a special resolution approving the Arrangement was overwhelmingly approved by the voting shareholders of Noble. Pursuant to the Arrangement, the Company is reorganizing its share capital, with current common shares being exchanged for (a) new common shares having the same rights and privileges as the pre-exchange shares and (b) a pro rata portion of approximately 9,000,000 common shares of Homeland Nickel Inc. (“ Homeland ”) (distributed among the common shareholders of the Company). It is currently anticipated that each Noble common share (“ Noble Share ”) will entitle its holder to receive approximately 0.034 of a common share of Homeland. The actual distribution ratio of Homeland shares will be confirmed on or immediately after the effective date of the Arrangement based on the number of common shares of Noble that are outstanding at the record time for the Arrangement (the “ Distribution ”).
Open original source