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Press release
TSX-V: NBY OTCQB:NBYCF
NioBay Metal announces agreement with Tribal Logistics/Expedition Helicopter and updated agreement with Moose Cree First Nation
Montreal, Quebec, January 10, 2022 – NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF), a company focused on exploration, development and use of critical green metals with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus, is pleased to announce the signing of a camp site rental agreement with Tribal Logistics/Expedition Helicopter to be used for its James Bay Niobium Project (the “Project”). The existing camp site is located and is a property of Ontario Northland Railway (“ONR”) and will be used by NioBay personnel and contractors working on the Project. NioBay will also use transportation services of ONR during the exploration and Prefeasibility study periods.
Environmental protection agreement
On December 7th, NioBay and Moose Cree First Nation signed an updated protection agreement to cover the 2022 drilling program.
Drilling program
The crew is coming back from Christmas holidays and is working to set up the new camp facility on the ONR site. The drilling crew will arrive when the camp is ready. The first drill was moved in December and we are expecting to get a second drill by the end of January.
“It has been a very challenging time with logistics, COVID cases and availability of resources, but I’m now pleased to say that we are in a good position to succeed in this new drilling program with the two signed agreements. Since we are behind scheduled, we were extremely pleased to get a second drill. I’m sure many of our shareholders are waiting for results, as am I”, says Jean-Sébastien David, NioBay CEO.
about NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities in whose territories we operate.
The Company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Quebec and on the Nitassinan territory of the Pekuakamiulnatsh First Nation and a 48% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
About Niobium
Niobium is a naturally occurring element. It is a readily available, reliable, soft metal that is ductile, malleable, and highly resistant to corrosion. Because it enhances properties and functionalities, niobium is used in a wide range of materials and applications in the Mobility, Structural and Energy sectors. Niobium transforms materials. When added to materials like steel, glass and aluminum castings, niobium makes them smarter and lower environmental impacts, while also delivering other benefits like better performance, improved safety, and increased value.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company's plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
NioBay Metals Inc.
Jean-Sebastien David, geo.
President & CEO
Tel: (514) 866-6500
jsdavid@niobaymetals.com
www.niobaymetals.com
https://miningdataonline.com/property/4734/James-Bay-Niobium-Project.aspx
NOFIRST ENERGY METALS DRILLS TWO INTERCEPTS OF 1.76 AND 1.18 PERCENT LITHIUM OXIDE OVER 5.6- AND 6.12-METERS IN DRIL HOLE LC21-29 AT AUGUSTUS LITHIUM PROPERTY
Vancouver, B.C. (November 4, 2021) -- InvestorsHub NewsWire -- First Energy Metals Ltd. (CSE: FE) ("First Energy" or the "Company) is pleased to announce results of drill hole LC21-29 at its Augustus Lithium Property in Quebec, Canada. The drill hole intercepted two lithium pegmatites where the top intercept is 1.18 percent (%) lithium oxide (Li2O) over 6.12 metres at 148.48 metres (m) drilled depth, and the lower intercept is 1.76% Li2O over 5.6 metres at 158.4 metres drilled depth. Bothe mineralized intercepts are only 4.2 meters apart from each other. There are anomalous values of other rare metals including niobium (Nb), rubidium (Rb), tantalum (Ta), beryllium (Be), and cesium (Cs) (see Table 1 for details).
Highlights
Upper Intercept (Total 6.12 m from 148.48m to 154.6m)
Lithium oxide values are in the range of 0.65% to 2.41% Li2O with an average of 1.18% Li2O over 6.12 m.
Beryllium is in the range of 87 parts per million (ppm) to 204 ppm.
Cesium is in the range of 29 ppm to 94 ppm.
Niobium is in the range of 75.4 ppm to 143.7 ppm.
Rubidium is in the range of 354 ppm to 1,820 ppm.
Tantalum is in the range of 49.6 ppm to 110 ppm.
Lower Intercept (Total 5.6 m from 158.4m to 164 m)
Lithium oxide values are in the range of 0.23% to 2.80% Li2O with an average of 1.76% Li2O over 5.6 m.
Beryllium is in the range of 151 ppm to 441 ppm.
Cesium is in the range of 30.8 ppm to 69.2 ppm.
Niobium is in the range of 72.1 ppm to 101.5 ppm.
Rubidium is in the range of 127 ppm to 1,430 ppm.
Tantalum is in the range of 68.8 ppm to 100 ppm.
Drill hole LC21-29 was drilled at location: 287182.82E, 5367943.92N (NAD 1983 UTM Zone 18N), Azimuth 205.35 degrees, Dip -50.4 degrees with a total drilled depth of 291m. All intersections reported are based on drilled width and have not been converted to the true width.
The drill program was based on the historical exploration data and the Company's surface trenching and sampling program. Several historical drill hole collars were also located on the Property which helped in location and orientation of drill holes for the current program. The drilling work was contracted to Forage Hebert Inc. Drilling of Amos, Quebec. A B-20 drill rig was deployed which has a capacity to drill up to 1,000-meter-deep hole. A total of 32 NQ size diamond drill holes were completed on the Property with a cumulative drilling of 5,847.15 metres. A core shack was built at the village of St-Dominique du Rosaire located about 50km from the Property for drill core logging, sample preparation and storage. The drill core was logged and sampled at the core shack using a rock saw. For quality control and quality assurance (QA/QC), field duplicates, standards and blanks were inserted at industry standard intervals.
The samples were bagged and tagged using best practices and were delivered to Activation Laboratories ("ACTLABS"), Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2) as summarized below. ACTLABS is an independent commercial, accredited ISO Certified Laboratory.
Code Ultratrace 7 – Peroxide Fusion – ICP and ICP/MS
Samples are fused with sodium peroxide in a Zirconium crucible. The fused sample is acidified with concentrated nitric and hydrochloric acids. The resulting solutions are diluted and then measured by ICP-OES and ICP-MS. All metals are solubilized.
ICP-MS
Fused samples are diluted and analyzed by Agilent 7900 ICP-MS. Calibration is performed using five synthetic calibration standards. A set of (10-20) fused certified reference material is run with every batch of samples for calibration and quality control. Fused duplicates are run every 10 samples.
ICP-OES
Samples are analyzed with a minimum of 10 certified reference materials for the required analytes, all prepared by sodium peroxide fusion. Every 10th sample is prepared and analyzed in duplicate; a blank is prepared every 30 samples and analyzed. Samples are analyzed using a Varian 735ES ICP and internal standards are used as part of the standard operating procedure. Source: https://actlabs.com/geochemistry/lithogeochemistry-and-whole-rock-analysis/peroxide-total-fusion/
Afzaal Pirzada, P.Geo., Geological Consultant of the Company, and a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.
About the Augustus Lithium Property
The Company owns 100% interest in Augustus Lithium Property in Landrienne & Lacorne-Townships, Quebec, Canada. The Property consists of 271 mining claims covering a total area of 14,155 hectares located approximately 40 kilometres northwest of the town of Val d'Or on map sheets 32C/05 and 32D08. The Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a well thought out work plan on the property which includes diamond drilling, metallurgical testwork to produce battery grade lithium carbonate, and resource estimation. To date, the Company has compiled historical drill hole data on the Property for 74 historical dill holes with a cumulative drilling of 12,123.14 m, out which 6,024 m drilling was completed on the Property during 1950s. Several drill hole results indicated intersections over 1% lithium oxide.".
About First Energy Metals Limited.
First Energy Metals is a Canadian mineral exploration company with a primary focus of acquiring a multicommodity mineral property portfolio. Its goal is to identify, acquire and explore North American mineral prospects in the technology metals, precious metal, and base metal sector.
The company's strategy is to:
Acquire and advance projects through prospecting and early-stage exploration;
Source joint venture partners to finance future exploration and project development;
Create shareholder value through exploration success.
First Energy will continue to add to its multicommodity portfolio through organic acquisitions of new projects and opportunities with the intention of adding value and projects over time.
ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.
"Gurminder Sangha"
Gurminder Sangha
President & Chief Executive Officer
For further information, please contact the Company at: gsangha@firstenergymetals.com or (604) 375-6005
Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.
Forward-looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about the Company's information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in thiV 4-2021
Update: NioBay Metals Soars 16% as Reports Initial Results from Metallurgical Program
BY MT Newswires
— 10:53 AM ET 10/14/2021
10:53 AM EDT, 10/14/2021 (MT Newswires) -- Niobay Metals Inc. (NBYCF) provided Thursday the first results from its metallurgical program, which is designed to achieve battery-grade niobium oxide from its James Bay project.
The company, which at last look surged 16.2% in early Thursday trading, said the first phase of testing demonstrated a 3% improvement from the company's preliminary economic assessment, reaching up to 81.3% while producing a niobium concentrate of 61.7%.
Niobay said the results reinforce the project's potential to become the best alternative low-cost source of battery-grade niobium oxide outside China.
The second phase of the metallurgical program will focus on the production of niobium battery-grade and consist of a hydrometallurgical treatment to purify the concentrate to +99% Nb2O5. Results are expected in the upcoming months.
Following the metallurgical results, the team has fast-tracked the planning for the construction of a pilot plant, which will assist in the plant conception for the upcoming pre-feasibility/feasibility studies.
Price: 0.43, Change: +0.06, Percent Change: +16.22
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
[
NioBay Metals comes to an agreement with SOQUEM for the sale of properties
MONTREAL, Oct. 20, 2021 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF), a company focused on exploration, development and use of critical green metals with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus, is pleased to announce the execution of a letter of agreement for the sale to SOQUEM of the rights and interests of NioBay in the Lac Shortt, L'Espérance, Le Tac and Clairy properties (ie. an undivided interest of approximately 48%) for a total cash purchase price of $950,000.
Transaction Highlights
Cash Payment. Purchase price of $950,000 to be paid to NioBay in cash upon closing of the transaction.
2% NSR Royalty. NioBay will retain a 2% NSR royalty on the Clairy property, half of which (1% NSR) will be redeemable at any time by SOQUEM in consideration of a payment to NioBay of $1,000,000 in cash.
Back-in Right. In addition, NioBay will have the right to buy back a 50% interest in any project containing a mineral resource that has been identified and confirmed by a 43-101 technical report in consideration of a cash payment equal to the total of 200% of exploration expenditures and 100% of the amount paid by SOQUEM for the property concerned.
The proposed transaction is subject to various conditions, including its approval by SOQUEM’s board of directors and the execution of a definitive agreement.
Word from the CEO
“This represents the sale of our remaining interests in these properties,” says Jean-Sébastien David, CEO of the Company. “The sale is justified by the fact that the company will focus its efforts on the development of its critical and strategic mineral projects, which are the James Bay and Crevier Projects. I would like to thank SOQUEM for the partnership we have had in recent years. We wish them good luck in their work,” concluded Mr. David.
Qualified Person
Jean-Sebastien David, P. Geo., a Qualified Person within the meaning of NI 43-101, has approved this release. Mr. David is also the Company’s CEO.
About NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities in whose territories we operate.
The Company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Quebec and on the Nitassinan territory of the Pekuakamiulnatsh First Nation and a 48% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
About SOQUEM
SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery and development of mining properties in Québec. SOQUEM also contributes to maintaining strong local economies. Proud partner and ambassador for the development of Québec’s mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well-positioned for the future.
About Niobium
Niobium is a naturally occurring element. It is a readily available, reliable, soft metal that is ductile, malleable, and highly resistant to corrosion. Because it enhances properties and functionalities, niobium is used in a wide range of materials and applications in the Mobility, Structural and Energy sectors. Niobium transforms materials. When added to materials like steel, glass and aluminum castings, niobium makes them smarter and lower environmental impacts, while also delivering other benefits like better performance, improved safety, and increased value.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Jean-Sebastien David, geo.
President & CEO
Tel.: 514 866-6500
jsdavid@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
This message was distributed by GlobeNewswire.
2321 Rosecrans Ave. Ste 2200, El Segundo, CA, 90245, USA. +1-800-307-6627. www.globenewswire.com
On behalf of NioBay Metals Inc. 1100 Avenue Des Canadiens-de-Montréal Bureau 300, Montréal, QC H3B 2S2 CA http://niobaymetals.com/wp/en/home-2/
This message was sent to robtat@peoplepc.com.
If you wish to no longer receive these messages you can unsubscribe/b]
[bHello Robert,
No, the project is not in production or construction yet.
What we have done and what we are doing is to accelerate our metallurgical work / pilote test work.
To move the project at a PF stage we need to do infield drilling (starting in November), to start the environmental base line study (already started) . This is requested before the permitting .
Claude is still around but he will look more downstream (a good fit with the mining project)
Best regards
JS David
-----Original Message-----
From: robtat <robtat@peoplepc.com>
Sent: October 18, 2021 1:05 PM
To: Jean-Sebastien David <Jsdavid@niobaymetals.com>
Subject: Re: Niobium Battery[color=red][color=red][color=red][/color][/color][/color]
HELLO,
Jean-Sebastien David, CONGRATS,
WOULD LIKE TO KNOW IF THE MINE IS REALLY AT A PRODUCTION STAGE, BEEN WITH THIS COMPANY AT START. I LIKE IT, DOING A GREAT JOB BRINGING "NIOBIUM" TO THE PUBLIC AND THE WORLD. A FOLLOW-UP:
Niobay Metals Inc. (NBYCF) Stock Message Board - InvestorsHub (advfn.com) GREAT RESPECT, ROBERT L. TATGE SPICER, MN
-----Original Message-----
From: robtat
Sent: Oct 18, 2021 11:28 AM
To: Claude Dufresne
Subject: Re: Niobium Battery
HELLO,
CLAUDE, REMEMBER ME, I HATED TO SEE YOU TAKE A DIFFERENT
PLAY ON THE MINE, BUT I'M SURE YOUR STILL INVOLVED. I'D LIKE TO KNOW THE CONDITION THE REAL STATE OF THE MINES TO BATTERY RESULTS. I LIKE WHAT I'M READING. YOUR POINT OF VIEW, I'D APPRECIATE, HOPE YOU ARE HAVING FUN AT YOUR NEW POSITION.
THE BEST,
ROBERT L. TATGE
-----Original Message-----
From: Claude Dufresne
Sent: Sep 20, 2021 8:37 AM
To: ]
Thursday, October 14, 2021 12:12 PM | Kyle Depontes
Niobay Metals (NBYCF) Stock Skyrockets After Announcing First Results from Niobium Metallurgical Project
What is going on with NBYCF?
Niobay Metals Inc. (NBYCF) stock surged today after the company provided the first results from its metallurgical testing program related to the production of battery-grade Niobium from its James Bay Niobium Project.
The results demonstrated a 3% improvement from the company’s Preliminary Economic Assessment recovery, reaching up to 81.3% while producing a Niobium concentrate of 61.7%.
Shares of NBYCF increased 14% to $0.34 as of Thursday at 8:57am.
What does this mean for Niobay Metals?
The program is designed to achieve battery grade Niobium oxide to be used as anode material in fast charging lithium battery technology.
The promising results of the testing, including the higher concentration, recovery, and purity of the James Bay Project, provides the best potential low-cost Niobium project in North America.
"We are very excited by the 3% metal recovery improvement over the PEA result. These results reinforce the strong economic potential of the James Bay Niobium Project and separate it as the best alternative low-cost source of battery-grade Niobium oxide outside China," commented Jean-Sebastien David, Niobay President and CEO.
"We are confident that the ongoing testing will future advance the production of a green metal that will support global decarbonization".
The second phase of the ongoing metallurgical program will focus on the production of niobium battery grade and consist of a hydrometallurgical treatment to purify the concentrate to +99% Nb2O5 (battery-grade Niobium oxide). Results are expected in the upcoming months.
Short-Term Technical Rank - 34
NBYCF has a Short-Term Technical Rank of 34. Find out what this means to you and get the rest of the rankings on NBYCF!
See Full NBYCF Stock Report
Niobay Metals Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. Its project includes the James Bay Niobium Project located in northern Ontario, Canada. Its other projects include the Crevier niobium and tantalum project. The company has one operating segment, being Mining exploration and evaluation.
[bProject”). This first phase of testing, performed by SGS Lakefield Inc, consisted of producing a Niobium concentrate, similar to the previous tests done on the James Bay Project’s ore.
The results demonstrated a 3% improvement from the Company’s market-leading Preliminary Economic Assessment (“PEA”) recovery, reaching up to 81.3% while producing a Niobium concentrate of 61.7%. In addition, the lack of deleterious material and low silicate content should translate in a significant reduction in acid consumption for the battery-grade Niobium oxide production. The first phase of metallurgical testing also contributed to optimizing the parameters and flowsheet design.
Table 1 : Nb2O5 Concentrate Grade (%) and Overall Recovery (%)
Average
Min
Max
Nb2O5
Grade (%)
59.8
56.8
61.7
Recovery (%)
74.7
67.9
81.3
The higher concentration, recovery and purity of the James Bay Project provides the best potential low-cost Niobium project in North America.
Story continues
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]
NioBay Metals Reports Initial Results from Metallurgical Program
BY MT Newswires
— 9:15 AM ET 10/14/2021
09:15 AM EDT, 10/14/2021 (MT Newswires) -- Niobay Metals Inc. ( NBYCF
Loading...
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) provided Thursday the first results from its metallurgical program, which is designed to achieve battery-grade niobium oxide from its James Bay project.
The company, which gained 2.8% yesterday, said the first phase of testing demonstrated a 3% improvement from the company's preliminary economic assessment, reaching up to 81.3% while producing a niobium concentrate of 61.7%.
Niobay said the results reinforce the project's potential to become the best alternative low-cost source of battery-grade niobium oxide outside China.
The second phase of the metallurgical program will focus on the production of niobium battery-grade and consist of a hydrometallurgical treatment to purify the concentrate to +99% Nb2O5. Results are expected in the upcoming months.
Following the metallurgical results, the team has fast-tracked the planning for the construction of a pilot plant, which will assist in the plant conception for the upcoming pre-feasibility/feasibility studies.
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Niobium Battery is coming...Ultra-fast charging.
The below article provide an update an interesting view for the future of Niobium battery.
Volkswagen and CBMM close partnership to transform Brazil into a hub for the development of ultra-fast niobium batteries
Valdemar Medeiros
byValdemar Medeiros
17-09-2021 11:10:09
in Industry and Construction
Companies want to show that Brazil can become a hub for the development of ultra-fast batteries (Volkswagen Trucks and Buses/Disclosure)
Seeking to be ahead of its competitors, Volkswagen has struck a new partnership with CBMM to produce the first car powered by niobium batteries.
In the automakers' race to make electric cars more viable for consumers, Volkswagen Trucks and Buses and CBMM have struck a deal to advance the race. The multinational automaker and the company famous for producing niobium-eat items in its composition have joined in the development of the first Brazilian niobium battery-powered vehicle. Thus, with the agreement, Volkswagen will be the first automaker in the world to test the batteries that are produced by CBMM in partnership with Toshiba.
Niobium batteries will enter the Brazilian market in 2023
The agreement provides that CBMM will provide Volkswagen with batteries to be manufactured with its vehicles at its Resende plant.
Once the prototype is evolved, the new vehicle with niobium batteries must be tested continuously, evolving in hours, until it reaches the 24-hour test of operation. With these tests, CBMM estimates to have a niobium battery fully prepared to be marketed in the automotive market by the beginning of 2023.
In total, CBMM expects the production of 5,000 cells, in agreement with Toshiba, to be delivered for testing later this year. In addition to the multinational, CBMM also predicts that the cells will be sent to 25 more automakers that work with the manufacture of electrics.
CBMM and Volkswagen executives speak
According to cbmm vice president Ricardo Lima, for the first time the company is installing this solution, which because of the use of Niobium oxide in the battery anode, will allow the vehicle an ultra-fast charging, which will be less than 10 minutes.
In addition, it has a longer durability, service life and safety. Not to mention the autonomy of vehicles that reach 350 km, very close to that of the combustion engine. To achieve all these benefits, Volkswagen will create and test fully adapted vehicles with the new batteries in its Development Center.
According to the president of VWCO in Brazil, CBMM enters with niobium batteries and Volkswagen will test and prove the efficiency of the product, in addition to operationalization and productivity in real uses. In this period, Volkswagen will monitor the data in real time, install the ultra-fast recharging infrastructure and prepare the entire chain with driver training.
Investment plan that can reach R$ 2 billion
The multinational Volkswagen did not disclose what would be the value of the investment of the partnership with CBMM, but says that the agreement composes an investment plan of R $ 2 billion, which will be applied in the next 5 years.
For the automaker, the main attribute of electric vehicles is in their efficiency. According to Roberto, the company has many routes being studied to improve sustainability, such as ethanol, fuel cell and CNG.
A study was also conducted that proves that the electric vehicle is the most productive among all alternatives. This is therefore due to the energy generated by sustainable sources such as solar and wind, until reaching the charger that will be used by cars, there is 75% efficiency, which in fuel cells, reach only 25%.
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NEB ON THE MOVE:
CENTENNIAL, Colo. (Sept. 17, 2021) – NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce that it will host an “Investor Day” at its Elk Creek Superalloy Materials Project near Elk Creek, Nebraska, on Wednesday, October 6, 2021, to provide shareholders with a walking tour of the proposed Project site and a briefing on construction plans for the underground mine and surface processing facility the Company intends to pursue once project financing is secured.
https://www.niocorp.com/home/october-2021-investor-day-rsvp/The event is open to NioCorp shareholders only and attendance is limited because of space and tour logistics limitations. Future tours are expected to be organized for those unable to participate in this event.
NioCorp executives expectred to be on hand for the event include CEO and Executive Chairman Mark A. Smith, COO Scott Honan, CFO Neal Shah, VP of External Affairs Jim Sims, and Corporate Controller Jeff Mason.
NioCorp shareholders wishing to register for the event can do so here: https://www.niocorp.com/home/october-2021-investor-day-rsvp/
Investor Day will begin at 9:30 a.m. CT on October 6 at St. Peter's Lutheran Church near Elk Creek, Nebraska, where participants will sign in. Starting at 10 a.m. CT, buses will transport investors from St. Peter’s to the Elk Creek Resources Corp. property, located three-quarters of a mile to the north of the Church. At the site, participants will join NioCorp executives on a walking tour of the site and will be given a hands-on briefing on Project geology, construction plans, and other elements of the Project’s planned operations.
Shareholders will then be transported back to St. Peter’s for lunch and a question-and-answer session with NioCorp executives. The event is expected to conclude at 2 PM CT.
# # #
https://twitter.com/niocorp
https://www.facebook.com/niocorp
http://www.niocorp.com
mailto:
https://www.youtube.com/channel/UCAdB3xslsf9go3Ela7vu4lA
https://www.linkedin.com/in/niocorp-developments-ltd-8920b046
------------------------------------------------------------
NioCorp $NB.TO $NIOBF #Niobium #Scandium #rareearth #ElkCreek
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 303-503-6203, jim.sims@niocorp.com (mailto:jim.sims@niocorp.com) , https://www.niocorp.com
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. The Company also is evaluating the potential to produce several rare earth byproducts from the Project. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a superalloy material that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as Neodymium, Praseodymium, Terbium, and Dysprosium are critical to the making of Neodymium-Iron-Boron (“NdFeB”) magnets, which are used across a wide variety
of defense and civilian applications.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release may constitute forward-looking statements, including statements regarding the Company’s expectation that it will be able to host its October 2021 Investor Day, secure project financing, launch construction of the Project, produce its planned product line, produce several rare earth byproducts, and achieve commercial success. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause NioCorp’s plans or prospects to change include risks related to the Company's ability to operate as a going concern; risks related to the Company's requirement of significant additional capital; changes
in demand for and price of commodities (such as fuel and electricity) and currencies; changes in economic valuations of the Project, such as Net Present Value calculations, changes or disruptions in the securities markets; legislative, political or economic developments; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp’s projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the
exploration, development and mining business and the risks set forth in the Company’s filings with Canadian securities regulators at www.sedar.com and the SEC at www.sec.gov. NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
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#1 DAY,
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NioCorp Named to TSX30 List as one of The Exchange’s Top Performing Stocks
NioCorp’s Share Price has Risen 183.3% in the Three Years Ending June 2021
CENTENNIAL, Colo. (September 14, 2021) – NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce that it has been named to the TSX30, a list of the top-performing stocks on the Toronto Stock Exchange (“TSX”) that represent sustained excellence over the long term.
The TSX30 ranks stocks based on dividend-adjusted share price appreciation over a three-year period. In the three years ended June 2021, NioCorp was one of the top performers on the Exchange and saw its share price rise by 183.3%.
“We are pleased and honored to have received this recognition from the TSX, which reflects the strong performance of NioCorp’s share price over the past three years and the hard work of the NioCorp team,” said Mark A. Smith, NioCorp’s CEO and Executive Chairman. “Building shareholder value over the long-term is something that we focus on daily as we work toward moving NioCorp’s flagship Elk Creek Critical Minerals Project toward construction and eventual commercial success.”
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NioCorp $NB $NIOBF #Niobium #Scandium #rareearth #TSX #Top30 #ElkCreek
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 303-503-6203, jim.sims@niocorp.com, https://www.niocorp.com
About the TSX30
The TSX30 is a new program that recognizes the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. The list of 2021 members includes both newer and established listed companies across a wide range of sectors. The full ranking, methodology, and articles and video content are available on www.tsx.com/tsx30.
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. The Company also is evaluating the potential to produce several rare earth byproducts from the Project. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a superalloy material that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as Neodymium, Praseodymium, Terbium, and Dysprosium are critical to the making of Neodymium-Iron-Boron (“NdFeB”) magnets, which are used across a wide variety of defense and civilian applications.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release may constitute forward-looking statements, including statements regarding the Company’s expectation that it will secure project financing, launch construction of the Project, produce its planned product line, produce several rare earth byproducts, and achieve commercial success. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause NioCorp’s plans or prospects to change include risks related to the Company's ability to operate as a going concern; risks related to the Company's requirement of significant additional capital; changes in demand for and price of commodities (such as fuel and electricity) and currencies; changes in economic valuations of the Project, such as Net Present Value calculations, changes or disruptions in the securities markets; legislative, political or economic developments; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp’s projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business and the risks set forth in the Company’s filings with Canadian securities regulators at www.sedar.com and the SEC at www.sec.gov. NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
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REPOST:NYOBOLT -Battery tech pioneer sets up Boston US operation
https://www.businessweekly.co.uk/news/hi-tech/battery-tech-pioneer-sets-boston-us-operation
Niobium-based battery start-up Nyobolt opens US office-
https://www.greencarcongress.com/2021/04/20210421-nyobolt.html
"Makes me wonder about that last 25% of Niobium production & the new separation process being developed....I know just my thoughts & opinions"
Mark mentioned "Niobium in batteries" during the presentation along with Rio Tinto getting into the Scandium market. (Please see Jim's reply on this subject a 2/2021-
Question asked:
Jim-
"You are all probably aware of Rio Tinto’s entry into the Scandium market via the elementnorth21 venture. Could you offer an opinion in regards to this market competition in the Scandium market, and if a lower price point offering is a concern for Niocorp moving forward?"
Reply:
Rio Tinto's effort to more widely commercialized scandium products should be very much welcomed by all prospective scandium producers.In order for large prospective consumers of scandium, such as companies in the aerospace, vehicle transportation, and energy/battery industries, to move aggressively toward incorporating scandium at scale into their manufacturing operations, they will want to see multiple scandium suppliers serving the market. Ensuring diversity of supply for specialty materials like scandium is key for these companies, as it helps them manage supply chain risk.
We believe that multiple producers of scandium will create a rising tide of demand that will benefit all. After all, several independent analyses forecast latent demand for scandium in the several hundred tonnes / year range, if not higher.
Pricing for various scandium products is likely to vary significantly as these markets mature. Some scandium oxide and scandium master alloy products will be sold as commodity products. But other scandium products sold by producers are likely to be custom chemical formulations or alloys or fabricated scandium alloy products that are custom engineered for a specific application. Pricing for these types of value-added products is set between the materials producer and the customer and is often based on the value delivered to the customer of the custom product, rather than an advertised 'commodity' price for scandium.
Hope this is helpful.
Jim
GE- sweet article!!!! thank you! Russia is "all over Scandium!"
U.S. - still "PUSHING on ROPES!"
Chico
WHEN A YOU CHANGE JOBS AND YOU HOLD A CEO POSITION - WHAT IN HELL TO YOU THINK HAPPENS?[color=red][/color]
NioBay Metals Announces Corporate Changes
MONTREAL, Sept. 09, 2021 (GLOBE NEWSWIRE) -- NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF), a company focused on exploration, development and use of critical green metals with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus announced that Mr. Claude Dufresne President & CEO will be leaving the Company on September 30, 2021 to pursue a new venture in the up and coming and promising field of niobium battery technology. Mr. Dufresne will continue to be associated with NioBay as a consultant and member of the advisory board.
Current NioBay Director since 2014, Mr. Jean-Sebastien David, will replace Mr. Dufresne as President & CEO. Mr. David was recently Chief Operating Officer of Arianne Phosphate Inc. He was instrumental in advancing the Lac à Paul phosphate project, a fully permitted, best of breed project. Prior to joining Arianne, Mr. David was Vice-President Sustainable Development at Osisko Mining Corporation (2007-2012) where he was influential in obtaining authorization for construction and development of the Canadian Malartic Mine. He earned his B.Sc. Geology and master’s degree in project management from Université du Québec à Chicoutimi.
"Claude and his team brought one of the finest mining projects in Canada to NioBay (the James Bay Niobium Project). Now he wants to focus on developing the utilisation of niobium in batteries, we can’t really be disappointed with his decision. We are pleased to have him on the advisory board and getting his commitment to promote the use of niobium as a green metal to decarbonize the economy," said Mr. Serge Savard, Chair of NioBay.
Mr. Savard further comments on the nomination of Mr. David, "We are pleased that Jean-Sebastien will be joining NioBay as President & CEO. His current knowledge of the Company activities combined with project development expertise and relationship with key stakeholders will be an asset in bringing the James Bay Niobium Project to production."
About NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities in whose territories we operate.
The Company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Quebec and on the Nitassinan territory of the Pekuakamiulnatsh First Nation and a 48% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
About Niobium
Niobium is a naturally occurring element. It is a readily available, reliable, soft metal that is ductile, malleable, and highly resistant to corrosion. Because it enhances properties and functionalities, niobium is used in a wide range of materials and applications in the Mobility, Structural and Energy sectors. Niobium transforms materials. When added to materials like steel, glass and aluminum castings, niobium makes them smarter and lower environmental impacts, while also delivering other benefits like better performance, improved safety, and increased value.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company's plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
NioCorp To Present to Investors at 23rd Annual H.C. Wainwright Global Investment Conference on September 13, 2021
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https://www.niocorp.com
**
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** NioCorp To Present to Investors at 23^rd Annual H.C. Wainwright Global Investment Conference on September 13, 2021
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CENTENNIAL, Colo. (August 9, 2021) – NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce that its CEO and Executive Chairman Mark Smith will present to investors around the world on NioCorp’s Elk Creek Superalloy Materials Project at the 23rd Annual Global Investment Conference (https://hcwevents.com/annualconference/) , sponsored by New York City-based H.C. Wainwright & Co., on Monday, September 13, 2021.
The conference will be conducted virtually and Mr. Smith’s presentation will be webcast live at 7 a.m. Eastern on the 13th. It also will be available for on-demand viewing by the public for 90 days following the conference. Investors and members of the public can register to see the webcast by going here: https://journey.ct.events/view/a7cd64a0-8ce0-4ea0-90cd-dbc830c03a84
Expected to participate in the H.C. Wainwright conference are hundreds of private equity firms, venture capitalists, institutional investors, family funds, and individual investors. In addition to Mr. Smith’s presentation, he and NioCorp’s Vice President for External Affairs, Jim Sims, will be participating in one-on-one virtual meetings with investors over the several days of the conference.
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NioCorp $NB $NIOBF #Niobium #Scandium #rareearth #ElkCreek #HCWainwright
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 303-503-6203, jim.sims@niocorp.com (mailto:jim.sims@niocorp.com)
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. The Company also is evaluating the potential to produce several rare earth byproducts from the Project. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a superalloy material that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as Neodymium, Praseodymium, Terbium, and Dysprosium are critical to the making of Neodymium-Iron-Boron (“NdFeB”) magnets, which are used across a wide variety
of defense and civilian applications.
Forward-Looking Statements Disclaimers
Certain statements contained in this news release may constitute forward-looking statements, including statements regarding the Company’s expectation that it will present at the Conference referenced and participate in discussions with individual investors. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause NioCorp’s plans or prospects to change include risks related to the Company's ability to operate as a going concern; risks related to the Company's requirement of significant additional capital; changes in demand for and price of commodities (such as fuel and electricity) and currencies; changes in economic valuations of
the Project, such as Net Present Value calculations, changes or disruptions in the securities markets; legislative, political or economic developments; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp’s projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business and the risks set forth in the Company’s filings with Canadian securities
regulators at www.sedar.com and the SEC at www.sec.gov. NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
============================================================
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Centennial, CO 80112
USA
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BEEN AWHILE -STILL VERY INTERESTED:NioBay Metals Announces update on the Drill Program at its James Bay Niobium Project
Niobay Metals Inc.
Montreal, Québec, August 27, 2021 – NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF), [color=red][/color]a company focused on exploration, development and use of critical green metals with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus is pleased to announce it awarded the upcoming drill contract to G4 Drilling (“G4”) for to up 12,000 meters. The drill will begin in Q4-2021 and shall be completed in Q1-2022. G4 will be supported by Expedition Helicopters Inc. of Cochrane, Ontario (“Expedition”) to establish a small exploration camp to reduce the carbon footprint of helicopter use and to improve the drilling efficiency. Both G4 and Expedition have joint venture business relationships with Moose Cree registered businesses.
As previously announced (February 2021), Moose Cree and NioBay signed a renewed and restated Protection Agreement for the exploration permit issued by the Ontario Ministry of Energy, Northern Development and Mines.
The Company has approved the grant of an aggregate of 1,425,000 incentive stock options to directors, officers, employees, and consultants of the Company. One third of the stock options granted will vest immediately and the remaining stock options granted are subject to a two-year vesting period. All grants have a seven-year term at an exercise price of $0.53. The stock options have been granted pursuant to the Company’s Stock Option Plan and are subject to applicable securities laws and TSX Venture Exchange policies.
About NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities in whose territories we operate.
The Company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Quebec and on the Nitassinan territory of the Pekuakamiulnatsh First Nation and a 48% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
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NEWS ON "NBYCF', STOCK PRICE - NOT SO GOOD- I COUNT ON IT TO AT LEASE BE STABLE; OTHER NEWS:[color=red][/color]NioCorp Scores Initial Success in Metallurgical Testing of Elk Creek Ore Samples
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https://www.niocorp.com
**
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** NioCorp Scores Initial Success in Metallurgical Testing of Elk Creek Ore Samples to Optimize Process and Demonstrate Potential Extraction of Rare Earth Elements
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CENTENNIAL, Colo. (August 11, 2021) – NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX:NB) (OTCQX:NIOBF) is pleased to announce success in the first stage of metallurgical testing that is designed to optimize the Elk Creek flowsheet and evaluate the potential integration of rare earth recovery to the Elk Creek Project (“Project”).
The metallurgical work is being conducted by Salt Lake City-based L3 Process Development (https://www.l3processdev.com/) (“L3”), which has worked with NioCorp over the past several years on the development and optimization of NioCorp’s planned metallurgical processing facility for the Project.
The new metallurgical testing program is the next step in NioCorp’s goal of implementing the optimization recommendations in the Company’s 2019 Elk Creek Project Feasibility Study for the production of niobium, scandium, and titanium, as well as to demonstrate the potential extraction and recovery of rare earth elements from the ore that NioCorp expects to mine from the Project site, subject to receipt of necessary project funding.
L3’s testing recently achieved success by demonstrating, at the bench scale, (1) process alternatives to hydrochloric acid (“HCl”) leach in NioCorp’s planned hydrometallurgical plant, and (2) the ability to selectively reject non-pay metals in the ore samples, including calcium, magnesium, and iron. This selective rejection would facilitate efficient extraction of all pay metals, including the rare earths.
L3’s process optimization work also includes extensive efforts to re-use and recycle key reagents from NioCorp’s planned hydrometallurgical plant, which further NioCorp’s goal of maximizing the environmentally efficient operation of the Elk Creek mine and processing facility, following the receipt of necessary project funding and construction of the mine and processing facility.
“The results of these bench-scale tests were very encouraging and are showing that carbonization and other processing techniques may be able to be incorporated into our process flow sheet and could deliver substantial results,” said Scott Honan, Chief Operating Officer of NioCorp. “As a result of this success, we are now proceeding to additional bench scale as well as pilot-scale metallurgical testing.”
“Our technical team’s job is to continue to seek improvements in the efficiency and environmental performance of the Project even as we work toward project financing and the eventual launch of construction,” Mr. Honan added.
Commercial rare earth products currently being examined for potential production by NioCorp include neodymium-praseodymium oxide (“NdPr”), dysprosium oxide (“Dy[2]O[3]”), and terbium oxide (“Tb[4]O[7]”). These are the primary rare earth elements used to manufacture the world’s most powerful permanent magnets, known as neodymium-iron-boron (“NdFeB”) magnets.
Demand for NdFeB magnets is increasing globally because of their use in conventional and electrified vehicles, factory automation systems, home appliances, 5G networks, computers and electronics, and many other applications. Demand for the rare earths used in NdFeB magnets is forecast by Adamas Intelligence, in its August 2020 report entitled “Rare Earth Magnet Market Outlook for 2030,” to expand far beyond current global production levels by 2030, largely driven by the increasing use of electrified vehicles and the need for more efficient electric motors that, in turn, reduce harmful air emissions.
For example, global demand for NdPr is expected to increase by about 150% by 2030, with demand for Dy[2]O[3] and Tb[4]O[7] increasing by more than 185%. This increased demand is expected to result in severe shortages of these materials, Adamas has projected.
Qualified Persons: Eric Larochelle, B.Eng., Hydrometallurgy Specialist for L3 Process Development and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in the news release.
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@NioCorp $NB.TO $NIOBF #ElkCreek #niobium #scandium #rareearth #Nebraska #NorthernMiner
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 720-639-4650, jim.sims@niocorp.com (mailto:jim.sims@niocorp.com)
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. Also under consideration by the Company is the production of several magnetic rare earth products. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a superalloy material that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as Neodymium, Praseodymium, Terbium, and Dysprosium are critical to the making of Neodymium-Iron-Boron (“NdFeB”) magnets, which are used across a wide variety of
defense and civilian applications.
Forward-Looking Statements Disclaimers
Certain statements contained in this news release and referenced video may constitute forward-looking statements, including statements regarding the results of preliminary metallurgical testing of Elk Creek ore samples, NioCorp’s ability to produce commercial rare earth products, the Company’s expectations that the Project will reach production stage if it is able to secure project financing, its plans to proceed to pilot-scale metallurgical testing, and its ability to produce its planned products commercially. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause NioCorp’s plans or prospects to change include risks related to
the Company's ability to operate as a going concern; risks related to the Company's requirement of significant additional capital; changes in demand for and price of commodities (such as fuel and electricity) and currencies; changes in economic valuations of the Project, such as Net Present Value calculations, changes or disruptions in the securities markets; legislative, political or economic developments; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp’s projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of mineral
exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business and the risks set forth in the Company’s filings with Canadian securities regulators at www.sedar.com and the SEC at www.sec.gov. NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
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[color=red][/color]CHECK IT OUT!
NioBay Director Appointed Chair of the National Indigenous Economic Development Board
MONTREAL, May 26, 2021 (GLOBE NEWSWIRE) -- NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF), a company focused on Environmentally, Sustainable, Governance, and Indigenous (ESGI) compatible metals exploration, development and deployment are pleased to congratulate the Company’s colleague and Director, Dawn Madahbee Leach, for her appointment as the new chair of the National Indigenous Economic Development Board (NIEDB). Canada's Indigenous Services Minister Marc Miller recently made the appointment.
Ms. Madahbee Leach has been a valued member of the NioBay’s board for three years. Her experience in business, commitment to economic reconciliation, and leadership in supporting Indigenous inclusion in resource development have helped guide NioBay’s management.
Dawn Madahbee Leach is a member of the Aundeck Omni Kaning First Nation in northeastern Ontario. Other board responsibilities include being a director with Peace Hills Trust. She was the first Indigenous woman in Canada to lead a regional financial lending institution, serving as general manager of the Waubetek Business Development Corporation since 1988.
"Dawn’s leadership at the board table provides us with diverse views and experiences and reminds us all that we seek great local economic benefits within the mining sector. I value her participation with NioBay and congratulate her as the new chair of NIEDB,” stated Serge Savard, Chair of the Board.
About NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities in whose territories we operate. The Company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Quebec and the Nitassinan territory of the Pekuakamiulnatsh First Nation and a 48% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
[color=red][/color]FYI, INSURING INFO HAS BEEN TAKEN ON THESE PROPERTIES:NioBay Metals Up after Reporting Deal to Buy Two Properties with Niobium Potential
BY MT Newswires
— 12:47 PM ET 05/10/2021
12:47 PM EDT, 05/10/2021 (MT Newswires) -- NioBay Metals Inc. ( NBYCF
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) was up 1.1% on last look on Monday after reporting an option agreement with Les Ressources Tectonic Inc. to buy a 100% interest in two large properties showing potential for niobium discovery.
The two properties, Gouin East and Gouin West, located 150 kilometers south of Chibougamau, Quebec, cover two magnetic anomalies. The Gouin East and Gouin West properties are made of 114 and 96 claims, respectively, covering a total of 11,650 hectares.
Subject to regulatory approvals from the TSX Venture Exchange, the option agreement calls for $190,000 in cash payments, $430,000 payable at NioBay's option either in cash or in common shares of NioBay, and $1.7 million in work commitment, over a six-year period.
NioBay Metals ( NBYCF ) is an environmental sustainable governance indigenous, or ESGI, company.
Price: 0.88, Change: +0.01, Percent Change: +1.15
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
UP-DATE:
[url][/url][tag]insert-text-here[/tag]NioBay Metals Announces Option Agreement to Acquire Two Properties with Niobium Potential
MONTREAL, May 10, 2021 (GLOBE NEWSWIRE) -- NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF), an Environmental Sustainable Governance Indigenous (ESGI) Company, is pleased to announce the signature of an option agreement with Les Ressources Tectonic inc. ("Tectonic") to acquire a 100% interest in two large properties showing exciting potential for niobium discovery (the “Option Agreement”).
The two properties, Gouin East and Gouin West (the “Gouin Properties”), located 150 km south of Chibougamau, Québec, cover two magnetic anomalies, about 6 X 8 km each, remarkably similar in size and structure to the magnetic anomaly over the Niobec Mine, the only niobium commercial operation outside Brazil, located some 200 km east of the Gouin Properties. The composition of a mineralized series of small outcrops and boulders, recently discovered at the periphery of the anomalies, strongly suggest that the magnetic anomalies are produced by an alkaline complex with carbonatites similar to the alkaline complex hosting the Niobec Mine.
"We are excited with the option agreement, as the Gouin Properties hold the potential of a niobium discovery in Québec, and will strengthen our "green" portfolio. The Gouin Properties fit into our vision to become a key player in green metals, supporting low carbon economy." said Claude Dufresne, NioBay’s President and CEO.
The Gouin East and Gouin West properties are made of 114 and 96 claims, respectively, covering a total of 11,650 hectares. These properties are criss-crossed by numerous logging roads at some 75 km from highway 167 and a railroad. A high-voltage line passes just 20 km to the south. These properties are located on the territory of the Opitciwan Atikamekw First Nation whose main agglomeration, Obedjiwan, is about 65 km north-west of the Gouin Properties, on the shore of the Gouin Reservoir.
Limited prospecting works by Tectonic in the last two years led to the discovery of a dozen boulders and few outcrops on the periphery of the magnetic anomalies. The geological composition ranges from syenite and calcio-syenite to carbonatite, typical of a carbonatite-rich alkaline complex. Three of the boulders assayed 0.04%, 0.36% and 0.54% of Nb2O5.
Subject to regulatory approvals from the TSX Venture Exchange, the Option Agreement calls for a total of $190,000 in cash payments, $430,000 payable at NioBay’s option either in cash or in common shares of NioBay and $1.65 million in work commitment, over a six-year period. The first installments, payable upon receipt of regulatory approvals, are $10,000 in cash and $20,000 represented by the issuance of 22,591 common shares of NioBay. In addition, the Option Agreement provides for a firm work commitment of $50,000 to be incurred on the Gouin Properties by August 31, 2021. Upon exercise of this option, a 1% NSR royalty will be granted to Tectonic, being redeemable by Niobay for $1.5 million (or $250,000 at any time during the option period).
Qualified Person
This press release was verified and approved by Jacquelin Gauthier, P.Geo. and Qualified Person as defined by National Instrument 43-101. Mr. Gauthier is the Vice-President Geology of NioBay.
About NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities territories where we operate. The Company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Québec and a 48% direct participation in mineral titles situated in the Chibougamau region, Québec, under a joint venture agreement with SOQUEM.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company's plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
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On behalf of NioBay Metals Inc. 1100 Avenue Des Canadiens-de-Montréal Bureau 300, Montréal, QC H3B 2S2 CA http://niobaymetals.com/wp/en/home-2/
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UP-DATE #2:
NioBay nomme Mathieu Savard à son conseil d'administration
MONTRÉAL, 13 avr. 2021 (GLOBE NEWSWIRE) -- Les Métaux NioBay inc. (« NioBay » ou la « Société ») (TSX-V: NBY) (OTCQB: NBYCF) a le plaisir d'annoncer la nomination de M. Mathieu Savard à titre d'administrateur de la Société à compter du 13 avril 2021.
M. Savard est actuellement président de Minière Osisko Inc. (« Minière Osisko »). M. Savard détient un baccalauréat en sciences de la terre de l'Université du Québec à Montréal et a été un membre clé de l'équipe de Virginia qui s’est vu décerner le prix du Prospecteur de l’année en 2004 par l’Association de l’exploration minière du Québec (« AEMQ ») et le prestigieux prix Bill Dennis de l’Association canadienne des prospecteurs et entrepreneurs (« PDAC ») en 2006 pour souligner la découverte du gisement aurifère Éléonore; il faisait aussi partie de l’équipe de gestion et d’exploration de Minière Osisko qui a reçu le prix de la Découverte de l’année de l’AEMQ en 2017 pour la découverte du gîte Lynx à Windfall au Québec. M. Savard est président du conseil et administrateur de l'AEMQ. Minière Osisko a récemment publié une mise à jour positive de l’ÉÉP pour le projet Windfall.
Claude Dufresne, président et chef de la direction de NioBay, a déclaré: « Mathieu a vraiment joué un rôle important dans le développement du projet Windfall de Minière Osisko et Mathieu contribuera techniquement et stratégiquement au développement de nos projets. Son expérience et son savoir-faire sera un atout pour notre conseil d’administration. Spécifiquement, l'ajout de Mathieu renforcera la capacité de notre équipe à se connecter avec les parties prenantes locales pour nos projets James Bay et Crevier. »
À propos de Les Métaux NioBay inc.
NioBay sera un chef de file en matière d'environnement, de durabilité, de gouvernance et d'inclusion autochtone en soutenant le développement de mines intelligentes à faible consommation de carbone et de pratiques de gestion responsable de l'eau et de la faune. Le consentement et la pleine participation des communautés autochtones dans lesquelles nous exerçons nos activités seront essentiels à notre succès. La Société détient une participation de 100 % dans le projet James Bay Niobium situé à 45 km au sud de Moosonee, dans les basses-terres de la baie James en Ontario. NioBay détient également une participation de 72,5 % dans le projet de niobium et de tantale Crevier situé au Québec et une participation directe de 47 % dans certains titres miniers situés dans la région de Chibougamau, au Québec, aux termes d’une convention de coentreprise avec SOQUEM.
Mise en garde
Certaines déclarations contenues dans le présent communiqué de presse constituent des informations prospectives au sens des dispositions des lois sur les valeurs mobilières canadiennes, incluant les plans de la Société. Ces déclarations sont forcément fondées sur plusieurs croyances, hypothèses et opinions de la direction à la date à laquelle les déclarations sont faites et sont sujettes à de nombreux risques et incertitudes qui pourraient entraîner une différence importante entre les résultats réels et les événements futurs et ceux anticipés ou projetés. La Société n'assume aucune obligation de mettre à jour ces déclarations prospectives dans le cas où les croyances, estimations ou opinions de la direction ou d'autres facteurs changeraient, sauf si la loi l'exige.
Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (au sens attribué à ce terme dans les politiques de la Bourse de croissance TSX) n’assument aucune responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.
POUR PLUS D’INFORMATION, CONTACTEZ :
Les Métaux NioBay inc.
Claude Dufresne, P.Eng.
Président et chef de la direction
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Relations publiques Paradox
Tél: (514) 341-0408 ou 1-866-460-0408
jfmeilleur@paradox-pr.ca
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UP-DATE"
NioBay appoints Mathieu Savard to its Board of Directors
MONTREAL, April 13, 2021 (GLOBE NEWSWIRE) -- Niobay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is pleased to announce the nomination of Mr. Mathieu Savard as director of the Company effective April 13, 2021.
Mr. Savard is currently President of Osisko Mining Inc (“Osisko Mining”). Mr. Savard holds a bachelor degree in earth sciences from Université du Québec in Montreal and was a key member of the Virginia team which received the Association de l’Exploration Minière du Québec (“AEMQ”) Prospector of the Year Award in 2004 and the PDAC’s prestigious Bill Dennis Award in 2006 for the discovery of the Eleonore gold deposit, and along with the Osisko Mining management and exploration team received the AEMQ 2017 Discovery of the Year Award, for the discovery of the Lynx deposit at Windfall in Québec. Mr. Savard is Chairman of the board and a director of the AEMQ. Osisko Mining recently delivered a positive PEA update for the Windfall project.
Claude Dufresne, NioBay’s President and Chief Executive Officer, stated: "Mathieu was truly instrumental in the development of Osisko Mining’s Windfall project and we see Mathieu contributing technically and strategically to the development of our projects. Mathieu’s overall experience and skillset compliments well to that of our existing board members. Specifically, the addition of Mathieu will strengthen our team’s ability to connect with the local stakeholders for both our James Bay and Crevier projects."
About NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities territories where we operate. The Company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Quebec and a 47% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
This message was distributed by GlobeNewswire.
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GREAT NEWS:[color=red][/color]
NioBay Initiates Test Works for the Production of Battery Grade Niobium
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Montreal, April 6, 2021 – NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) an Environmental Sustainable Governance Indegenous (ESGI) Company is pleased to announce the beginning of a series of hydrometallurgical process testing for the production of battery grade niobium at its James Bay Niobium project located on Moose Cree First Nation traditional territory, 42 km south of Moosonee, Ontario.
NioBay has identified a number of companies, including Toshiba (TSE:6502), QuantumScape (NYSE:QS), and other private companies, who are making use of niobium to develop revolutionary battery technologies. Niobium-based materials enable super-fast charging times (1 to 10 minutes or a charge rate of 60C to 6C), increased battery safety, long cycle life (+10,000 charge cycles) and improved Electric-Vehicle (EV) performance.
“Current EV technology is unable to compete with the performance, reliability and re-fueling times associated with Internal Combustion Engine (ICE) Vehicles; with Niobium based technologies that is no longer the case. Niobium based batteries will charge cleaner, safer, and faster than ICE Vehicles. I’m delighted to be part of the green revolution, and projects that are the seed to the change.” Commented Company Chairman Serge Savard.
It is NioBay’s understanding that CBMM the world’s leading niobium producer, estimates that yearly niobium oxide demand, driven by growth in the battery market, will increase from 100 tonnes in 2020 to 45,000 tonnes by 2030.
Notable figures in the world of chemistry, including Prof. John B. Goodenough, co-inventor of the lithium-ion battery and recipient of the Nobel Prize in Chemistry, support the use of Niobium in the next generation of battery technology.
“New niobium battery technology will completely change our perceptions of electric vehicles, but the benefits of niobium are not just limited to passenger EVs”. Said Claude Dufresne, President & CEO of NioBay Metals Inc.
NioBay believes that the role of niobium in future batteries will serve to complement its other advantages, including high heat resistance, strength, and weight reduction when combined with steel.
“When you combine all these advantages together, you have something special, and it is likely that we will soon see niobium batteries in commercial vehicles, Formula E racing cars, power tools, automated warehouse vehicles, and robotics. Even eVTOL flying cars are in the spot light, with niobium based technologies providing both the power and weight reduction necessary for electric aircraft to take off vertically.”
“The development of niobium battery technology is creating a great opportunity and we are well positioned to participate in its development. The test program on James Bay Niobium ore is only the beginning, and the program could well expand to our Crevier niobium and tantalum asset in Quebec. In addition, we will continue to spend the necessary resources to measure the potential of the 6-minute EV battery charge.’’
The first series of tests will be performed by SGS Canada in Lakefield, Ontario, and first results are expected in 4 to 6 months.
About NioBay Metals Inc.
NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion supporting the development of smart mine(s) with low carbon consumption and responsible water and wildlife management practices. Critical to our success will be the consent and full participation of the Indigenous communities territories where we operate. The Company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Quebec and a 47% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
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BRIEF-Niobay Metals Filed An Application To Be Listed On OTCQB Best Market
BY Reuters
— 5:03 AM ET 02/16/2021
Feb 16 (Reuters) - Niobay Metals Inc ( NBYCF ):
* FILED AN APPLICATION TO BE LISTED ON OTCQB BEST MARKET Source text for Eikon: Further company coverage:
Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
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DRILLING RESULTS:https://research2.fidelity.com/fidelity/html_fragments/eresearch/11.05/bl/companyResearchHighlights.asp?symbols=NBYCF
Company Research Highlights®
Report created on March 31, 2021
This is not an investment recommendation from Fidelity Investments. Fidelity provides this information as a service to investors from independent, third-party sources.
Performance of analyst recommendations are provided by StarMine from Refinitiv. Current analyst recommendations are collected and standardized by Investars.
See each section in this report for third-party content attribution, as well as the final page of the report for additional important information regarding third-party content.
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Important Information Regarding Third-Party Content
NIOBAY METALS ORD SHS Other OTC:NBYCF
1100 ave des Canadiens-de-Montreal, Suite 300
Montreal, QC H3B 2S2
CAN
514-866-6500
niobaymetals.com/wp/en/home-2
Price on 3/30/2021: $0.7888 Materials Sector
Market Capitalization: $41.5 M Metals & Mining Industry
Business Description Data provided by S&P Compustat
Niobay Metals Inc., a mineral resource company, acquires, explores for, and evaluates mining
properties in Canada. The company explores for niobium and tantalum deposits.
Key Statistics
Employee Count --
Institutional Ownership --
Total Revenue (TTM) $0.00
9/30/2020
Revenue Growth
(TTM vs. Prior TTM)
--
Enterprise Value $40.7 M
3/30/2021
Ex. Dividend Date --
Dividend --
Dividend Yield (Annualized) --
P/E (TTM) --
Earning Yield (TTM) --
EPS (Adjusted TTM) --
Consensus EPS Estimate --
EPS Growth
(TTM vs. Prior TTM)
-50.0%
3-Year Price Performance Data provided by DataScope from Refinitiv
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2018 2019 2020 2021
-100%
0%
100%
200%
300%
0
0.2
Average Monthly Volume (Millions) 0.4
50-Day Moving Average 200-Day Moving Average
Trading Characteristics
52 Week High
2/19/2021
$2.00
52 Week Low
4/27/2020
$0.14
% Price Above/Below
20-Day Average -0.7
50-Day Average 7.0
200-Day Average 66.7
Price Performance (% Change)
4 Week -1.4
13 Week 75.7
52 Week 364.0
1 Year Annualized as of 3/30/2021
Total Return +364.00%
SURPRISE: http://niobaymetals.com/wp/wp-content/uploads/2021/03/Factsheet-2021-03-sm.pdf
F12 000 m infill
drilling program
Metallurgical test
work
Environmental
baseline
Initiate prefeasibility study
Development
protocol/JV MCFN
JAMES BAY - 2021 PROGRAM
FORWARD-LOOKING STATEMENTS
Some of the statements in this fact sheet reflect estimates by Niobay Metals with regard to its future performance and are simply forecasts of its future activities, performance and future results.
All statements other than statements of fact are forward looking as they are subject to known and unknown uncertainties and other factors that could have an impact on the activities and
results anticipated in this fact sheet. These
WANTED[color=red][/color]
You are invited to join a webinar on Critical Mineral in Ontario. NioBay will be discussing the exciting developments in Niobium Battery Technology
We wanted to invite you to a virtual presentation happening today at 1PM discussing Critical Metals in Ontario. This is part of the annual PDAC Convention.
NioBay CEO, Claude Dufresne, will be presenting on the uses of niobium and the exciting developments in niobium battery technology.
Stay safe
LINK BELOW:
https://zoom.us/webinar/register/WN_sev77qS0QSK0zOvQM98tEQ
Welcome! You are invited to join a webinar: Critical Mineral Industry Spotlight. After registering, you will receive a confirmation email about joining the webinar.
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GREAT NEWS;
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Montreal, February 25, 2021 – Niobay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY; OTCQB: NBYCF) is pleased to announce that its common shares are now trading on the OTCQB Venture Market, a U.S. market operated by OTC Markets Group Inc. (“OTC”) in New York, under the symbol “NBYCF’’. NioBay will continue to trade on the TSX Venture Exchange under its symbol “NBY”.[color=red][/color]
“NioBay’s OTCQB listing is an important step to provide easier access and trading capability in our Company’s shares for both institutional and retail investors,” stated Claude Dufresne, President and CEO of NioBay. “This provides NioBay with a platform to expand our U.S. shareholder profile and allow a broader group of investors to participate in the niobium market.”
The OTC operates the world’s largest electronic interdealer quotation system for US broker dealers and offers multiple media channels to increase the visibility of OTC-listed companies. Trading on the OTCQB Market enables companies to efficiently build broader investor awareness and provide U.S. investors with a seamless trading facility to more easily trade through the broker of their choice.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com/stock/NBYCF/quote.
About NioBay Metals Inc.
NioBay Metals Inc. is a mining exploration company holding a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier niobium and tantalum project located in Quebec and a 47% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
Montreal, February 1, 2021 – Niobay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) is pleased to announce that Moose Cree First Nation (“MCFN”) has signed an updated Protection Agreement (“PA”) in support of the 2021 exploration program. The PA sets out a framework for effective communication, information exchange, environmental protection and the inclusion of MCFN businesses in the exploration program.
“The PA reflects the mutual interests of NioBay and Moose Cree to work in partnership with the exploration program and continue to build a relationship that could then see a mine built with MCFN consent,” said Claude Dufresne, NioBay President and CEO.
“Respect for Moose Cree’s Aboriginal and treaty rights is at the core of the Protection Agreement. NioBay has acknowledged our community’s rights and decision-making role. This forms the basis of a positive working relationship between Moose Cree First Nation and NioBay,” said MCFN Chief Mervin Cheechoo.
Exploration Program
On January 8, 2021 the Company received and exploration permit valid for three years, from the Ministry of Energy Northern Development and Mines to drill up to 20,000 metres or approximately 20-30 drill holes.
A first objective is to achieve an infill drilling pattern that will allow the Company to upgrade the majority of the inferred resources category into the indicated resource category.
A second objective of this campaign is to test the high-grade zone extending and raking to the north.
The Company will commence drilling in early February.
Qualified Person
This press release was verified and approved by Claude Dufresne, P.Eng and Qualified Person as defined by National Instrument 43-101. Mr Dufresne is the President and CEO of NioBay.
ABOUT NIOBAY METALS INC.
NioBay Metals Inc. is a mining exploration company holding a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier niobium and tantalum project located in Quebec and a 47% direct participation in mineral titles situated in the Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.
CAUTIONARY STATEMENT
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
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LATEST:Date: Dec 14, 2020 4:59 AM
Fenga is a former senior executive of the world's largest producer of niobium, CBMM [color=red][/color]
View in your browser (https://mailchi.mp/niocorp/niocorp-names-fernanda-fenga-to-its-board-of-directors?e=b25ed9b317)
https://www.niocorp.com
**
NioCorp Names Fernanda Fenga to its Board of Directors
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CENTENNIAL, Colo. (December 14, 2020) – NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce the appointment of Fernanda Fenga to its Board of Directors.
A f ormer senior executive at the world’s largest producer of niobium, Companhia Brasileira Metalúrgica e Mineração (“CBMM”), Ms. Fenga currently serves as a senior advisor to mining companies in Brazil and in the U.S. Previously, she was Legal and Compliance Director at Somos Educação, Brazil’s largest basic education company and one of the largest education groups in the world.
Ms. Fenga worked for more than nine years at CBMM, where she served as Corporate Superintendent. In that position, she managed the company’s legal, compliance, investor relations, public affairs, and corporate risk management departments. She also played an integral role in some of CBMM’s largest commercial transactions, two of which were valued at more than U.S.$1.9 billion each.
Prior to CBMM, she was Senior Manager at PriceWaterhouseCoopers, where she advised clients on corporate restructuring, tax planning, transfer pricing, auditing, tax assessment reviews, and Sarbanes-Oxley Act compliance.
A Certified Compliance & Ethic Professional – International Exam (“CCEP-I”), Ms. Fenga is a Brazilian lawyer and received her Master’s Degree in Law at Fundação Getúlio Vargas – FGV and her LLM in Corporate Law at IBMEC. She also conducted post-graduate studies in tax law at IBET, completed the Harvard Business School’s program for Risk Management for Corporate Leaders, and recently completed the IBGC (“Instituto Brasileiro de Governança Corporativa”) studies for Board Members.
Fluent in both English and Portuguese, Ms. Fenga is a member of the Society of Corporate Compliance and Ethics (”SCCE”) and the Brazilian Bar Association. She resides in Florianópolis, Brazil.
"We are very pleased to have Fernanda join NioCorp’s Board and bring to the Company her in-depth knowledge of global niobium markets and her years of senior executive experience in corporate governance, legal, tax, risk management, and customer and investor relations,” said Mark A. Smith, NioCorp CEO and Executive Chairman. “As a key player in several billion-dollar-plus commercial transactions in the niobium space, Fernanda will bring valuable experience and skillsets to NioCorp.”
“I am also proud of the fact that NioCorp has been able to attract what I consider to be one of the most highly experienced and diverse Boards among U.S. critical minerals companies,” Mr. Smith added.
“I am very bullish on the future of minerals like niobium and scandium,” said Ms. Fenga. “I have been very impressed with the highly experienced management team NioCorp has assembled and with the 2019 Elk Creek Technical Report Feasibility Study, which reinforces that NioCorp has a very special and unique project. I look forward to joining the NioCorp team and to helping NioCorp realize its full potential as a global player in the niobium and critical minerals market.”
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@NioCorp $NB $NIOBF #ElkCreek #Niobium #Scandium #CBMM #FernandaFenga
For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 720-639-4650, jim.sims@niocorp.com (mailto:jim.sims@niocorp.com) , https://www.niocorp.com
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a superalloy material that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor and medical implants.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this new release may constitute forward-looking statements, including statements regarding the prospective value of the Company’s newest Board member and the Company’s ability to secure project funding sufficient to advance the Elk Creek Project to construction and eventual commercial operation. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause NioCorp’s plans or prospects to change include risks related to the Company's ability to operate as a going concern; risks related to the Company's requirement of significant additional capital; changes in demand for and price of commodities (such as
fuel and electricity) and currencies; changes in economic valuations of the Project, such as Net Present Value calculations, changes or disruptions in the securities markets; legislative, political or economic developments; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp’s projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business and the
risks set forth in the Company’s filings with Canadian securities regulators at www.sedar.com and the SEC at www.sec.gov. NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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up-dates:NIOBAY ANNOUNCES CLOSING OF $11.6 M BROKERED PRIVATE PLACEMENT
Montreal, December 8, 2020. NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) is pleased to announce the closing of the previously announced brokered private placement for total gross proceeds of $11,593,098 (the “Offering”). Pursuant to the Offering, the Company issued 10,094,910 units (the “Units”), at a price of $0.65 per Unit and 7,399,127 flow-through common shares (the “FT Shares”), at a price of $0.68 per FT Share. Each Unit consists of one common share (the “Common Shares”) and one-half of one common share purchase warrant (the “Warrants”). Each whole Warrant will entitle its holder to subscribe one additional Common Share at $0.90 until December 8, 2023.
The Offering was conducted by a syndicate of agents led by Canaccord Genuity Corp. and including Sprott Capital Partners LP (collectively the “Agents”). In connection with the Offering, the Agents received an aggregate cash commission of $452,763 and an aggregate of 672,653 broker warrants, each such broker warrant allowing its holder to subscribe one Unit, at $0.65 per Unit, for a period of 24 months from the closing date.
All securities issued pursuant to the Offering are subject to a restricted hold period of four months and a day, ending on April 9, 2021, under applicable Canadian securities legislation.
The Company intends to use the net proceeds of the Offering to incur exploration expenditures on the James Bay Niobium Project located in the James Bay Lowlands in the Ontario, as well as general working capital.
Claude Dufresne, President and CEO of NioBay, commented:
“We are pleased by the support that we received from the investment community, it is a clear statement of trust towards the James Bay Niobium Project . We will now continue the development of the James Bay Niobium Project, starting with a 12,000 meter drill program on the property. 2021 will definitely be a very exciting year for NioBay shareholders.”
The Offering was made under the prospectus exemptions under applicable securities legislation and is subject to the final approval of the TSX Venture Exchange.
ABOUT NIOBAY METALS INC.
NioBay Metals Inc. is a mining exploration company holding a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the James Bay Lowlands in Ontario. Niobay also holds a 72.5% interest in the Crevier niobium and tantalum project located in Quebec and a 47% direct participation in mineral titles situated in the Chibougamau and Normetal region, Quebec, under a joint venture agreement with SOQUEM.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws, in particular with regards to the use of proceeds of the Offering. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
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Website
Copyright © 2020 NioBay Metals Inc, All rights reserved.
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up-dates:NIOBAY ANNOUNCES CLOSING OF $11.6 M BROKERED PRIVATE PLACEMENT
Montreal, December 8, 2020. NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) is pleased to announce the closing of the previously announced brokered private placement for total gross proceeds of $11,593,098 (the “Offering”). Pursuant to the Offering, the Company issued 10,094,910 units (the “Units”), at a price of $0.65 per Unit and 7,399,127 flow-through common shares (the “FT Shares”), at a price of $0.68 per FT Share. Each Unit consists of one common share (the “Common Shares”) and one-half of one common share purchase warrant (the “Warrants”). Each whole Warrant will entitle its holder to subscribe one additional Common Share at $0.90 until December 8, 2023.
The Offering was conducted by a syndicate of agents led by Canaccord Genuity Corp. and including Sprott Capital Partners LP (collectively the “Agents”). In connection with the Offering, the Agents received an aggregate cash commission of $452,763 and an aggregate of 672,653 broker warrants, each such broker warrant allowing its holder to subscribe one Unit, at $0.65 per Unit, for a period of 24 months from the closing date.
All securities issued pursuant to the Offering are subject to a restricted hold period of four months and a day, ending on April 9, 2021, under applicable Canadian securities legislation.
The Company intends to use the net proceeds of the Offering to incur exploration expenditures on the James Bay Niobium Project located in the James Bay Lowlands in the Ontario, as well as general working capital.
Claude Dufresne, President and CEO of NioBay, commented:
“We are pleased by the support that we received from the investment community, it is a clear statement of trust towards the James Bay Niobium Project . We will now continue the development of the James Bay Niobium Project, starting with a 12,000 meter drill program on the property. 2021 will definitely be a very exciting year for NioBay shareholders.”
The Offering was made under the prospectus exemptions under applicable securities legislation and is subject to the final approval of the TSX Venture Exchange.
ABOUT NIOBAY METALS INC.
NioBay Metals Inc. is a mining exploration company holding a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the James Bay Lowlands in Ontario. Niobay also holds a 72.5% interest in the Crevier niobium and tantalum project located in Quebec and a 47% direct participation in mineral titles situated in the Chibougamau and Normetal region, Quebec, under a joint venture agreement with SOQUEM.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws, in particular with regards to the use of proceeds of the Offering. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
FOR MORE INFORMATION, CONTACT:
NioBay Metals Inc.
Claude Dufresne, P.Eng.
President & CEO
Tel.: 514 866-6500
Email: cdufresne@niobaymetals.com
www.niobaymetals.com
Paradox Public Relations
Tel: (514) 341-0408 or 1-866-460-0408
jfmeilleur@paradox-pr.ca
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Facebook
Website
Copyright © 2020 NioBay Metals Inc, All rights reserved.
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[/b[color=red]]MDNNF, HAS SOMETHING ONLY THE RICH CAN AFFORD, THEY ONLY ALLOW A PERSON TO BUY/ NOT SELL... I DON'T UNDERSTAND HOW THEY CAN DO WHAT THEY ARE DOING. [/color]