Niobay Metals Inc. (NBYCF)

[roberttatge]

NIOBIUM STOCKS HAVE A COMMON FALL IN THE PRICE UNTIL THE MINE HAS A PHYICAL START, SADLY STARTING A NEW "STOCK FOR MONEY" @ CAN YOU SEE .85 CENTS PER SHARE, DOESN'T MATCH THE ASK PRICE. I see the price falling to .10 cent by SPRING.


December 12, 2016 07:48 ET




MONTREAL, QUEBEC–(Marketwired – Dec. 12, 2016) – Niobay Metals Inc. (the “Company”) (TSX VENTURE:NBY) announces plans to complete [img]a non-brokered private placement (the “Private Placement”) of up to 1,176,471 flow-through shares at a price of C$0.85 per share for gross proceeds of $1,000,000 (the “Offering”).

[/img]Closing of the Offering is subject to customary conditions, including receipt of all regulatory approvals, and is anticipated to occur by December 16, 2016. All flow-through shares issued as part of the offering will be subject to a four-month-and-one-day hold period.