11:23:11 EST Tue 31 Jan 2023
Enter Symbol
or Name

Nobel Resources Corp
Symbol NBLC
Shares Issued 77,132,117
Close 2022-12-06 C$ 0.05
Recent Sedar Documents

Nobel Resources property agreement

2022-12-06 19:37 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement dated Nov. 7, 2022, between the company and an arm's-length party, whereby the company has the option to acquire up to a 100-per-cent interest in 12 mining claims located in Salamanca, Coquimbo, Chile.

Under the terms of the agreement, the aggregate $4-million (U.S.) purchase price can be satisfied via cash over the span of five years. The vendor will retain a net smelter return (NSR) royalty of 1.5 per cent in respect of the project. The company will have the right to buy back 1.0 per cent of the NSR royalty for $2-million (U.S.).

For more information, please refer to the company's news release dated Nov. 18, 2022.

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