An anonymous director reports

NOBEL CLOSES PRIVATE PLACEMENT OFFERING

Nobel Resources Corp. has closed its previously announced non-brokered private placement financing, on an oversubscribed basis, of 25.35 million units priced at five cents per unit for gross proceeds of $1,267,500.

Each unit comprises one common share in the capital of the company and one-half common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of 10 cents per common share for a period of 36 months following the completion of the offering. Securities issued under the offering are expected to carry a hold period of four months and one day from the date of issue, as may be required under applicable securities laws.

The company plans to use the aggregate net proceeds of the offering to identify and evaluate mineral properties for potential acquisition as well as for general working capital purposes.

In connection with the offering, Nobel paid finders' fees of $20,612.50 in cash and issued 339,500 non-transferable finders' warrants. Each finder's warrant entitles the holder thereof to acquire one common share at a price of five cents for a period of 36 months following the completion of the offering. The offering is subject to the final approval of the TSX Venture Exchange.

Certain directors and officers of the company have subscribed for an aggregate amount of 3.5 million units pursuant to the offering. The insider participation is considered a related party transaction, as defined under Multilateral Instrument 61-101. The insider participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

About Nobel Resources Corp.

Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects. The company has a team with a strong background of exploration success.

We seek Safe Harbor.