Announcement • Apr 26
Nobel Resources Corp. Announces CEO Changes Nobel Resources Corp. announced that Larry Guy, interim Chief Executive Officer have resigned from the role, effective April 23, 2026. Mr. Guy will be replaced as Chief Executive Officer by Vernon Arseneau, Nobel’s Chief Operating Officer. Announcement • Apr 25
Nobel Resources Corp. Announces Management Changes, Effective April 23, 2026 Nobel Resources Corp. announced that Larry Guy, interim Chief Executive Officer and director of Nobel, and Damian Lopez, Nobel’s corporate secretary, have resigned from their roles, effective immediately. Mr. Guy will be replaced as Chief Executive Officer by Vernon Arseneau, Nobel’s Chief Operating Officer, and Mr. Lopez will be replaced as Corporate Secretary by Wanda Roque. Ms. Roque is an experienced law clerk in Ontario and has served as corporate secretary to a number of public companies since 2007. The company has also appointed Denis Archambault to its board of directors, effective immediately. Mr. Archambault holds a Bachelor of Business (Finance) from the University of Ottawa and previously held for 25 years, a multitude of professional designations in the Real Estate and Finance Industry, (CRF, ACoM, Fri) granted by the Real Estate Institute of Canada REIC and Institute of Real Estate Management IREM. Mr. Archambault currently serves on the Finance and Investment Committee of two pension funds and also serves on the board of directors of a publicly traded tech company based in Ottawa. He also currently serves on the board of a privately held hotel and multi-use property in Miami, Florida. New Risk • Apr 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.6m (US$9.08m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Negative equity (-CA$375k). Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.6m market cap, or US$9.08m). 
