TORONTO — (Marketwire) — 05/16/12 — (the "") (TSX VENTURE: NOB), (FRANKFURT: NB7), (PINKSHEETS: NLPXF) is pleased to announce that it has closed the second tranche of a private placement of its common shares ("") previously announced in its press releases of April 16, 2012 and April 19, 2012. The Company has raised gross proceeds of $383,000 in this second tranche closing through the sale of a total of 3,830,000 Common Shares at a price of $0.10 per share.In connection