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FAQ: Noble Mineral Exploration's Shareholder Rights Plan and Investor Relations Engagement

By NewsRamp Editorial Team

TL;DR

Noble Mineral Exploration's shareholder rights plan protects investors by ensuring fair treatment during takeover bids and maximizing shareholder value through strategic alternatives.

Noble issued one Right per common share under a three-year plan requiring shareholder ratification by February 2026, while engaging NIA for six months of investor relations services.

This plan promotes corporate governance fairness by protecting all shareholders equally during potential acquisitions, fostering trust in market transactions.

Noble's rights plan counters creeping takeovers where gradual share accumulation occurs, while their new consultant NIA began outreach days before the announcement.

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FAQ: Noble Mineral Exploration's Shareholder Rights Plan and Investor Relations Engagement

Noble has adopted a Shareholder Rights Plan Agreement and has engaged GRA Enterprises LLC DBA National Inflation Association (NIA) as an investor relations consultant.

The Plan was adopted to ensure fair treatment of shareholders during takeover bids by providing time to evaluate alternatives and to prevent acquisitions without paying an adequate control premium to all shareholders.

Rights have been issued to common shareholders (one Right per share) that activate if a takeover bid occurs or if a party acquires 20% or more of Noble's shares, giving the Board and shareholders time to consider the bid and alternatives.

The Plan is effective immediately for an initial three-year term, but it requires shareholder ratification at the annual general and special meeting scheduled for February 2026.

GRA Enterprises LLC DBA National Inflation Association (NIA) will provide investor relations services, including communicating Noble's activities through social media and contacting the financial community to increase awareness of the company.

NIA has been retained for an initial six-month term at a cost of USD$50,000, payable in three tranches, with options for Noble to renew for additional periods of three, six, or twelve months.

If shareholders don't approve the Plan at the AGM or by June 6, 2026, the Plan and all issued Rights will terminate.

The TSX Venture Exchange has conditionally approved the Plan, but final acceptance is subject to Noble obtaining shareholder approval and satisfying other conditions.

NIA started reaching out to stakeholders of the Company on December 3, 2025.

NIA and its affiliates currently hold no shares of the Company, though they may acquire or dispose of securities in the future as market conditions warrant.

Curated from NewMediaWire

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NewsRamp Editorial Team

NewsRamp Editorial Team

@newsramp

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