MY IDEA TO SUPPORT THE PRICE SHARE![/b]


roberttatge Tuesday, 12/27/16 09:09:16 PM
Re: None
Post # of 37759

INDO GLOBAL EXCHANGES, PROBLEMS THAT PERSONNEL , FLAWS, LAWS SUITS, AND MIPULATION, ETC,

KNow the climb seems almost impossible to the mining of the property.
HELPING HANDS TO A CREDITAL COMPANY, WITH OUT STANDING MANAGEMENT,
NIOBAY METALS INC., a merger could be the BEST THING FOR BOTH COMPANIES...ALL I ASK IS LOOK WHAT IT WOULD DO FOR BOTH!
[color=red][/color]

NEWS ON SRSR SALE, TAKE A LOOK!

NEW OWNERS; BUYER BEWARE
About NioTech

Nio Tech Corp is an early stage mining development company based in the United States with the ultimate goal of becoming one of the few strategic suppliers of Niobium. It has been formed by the following event:

Latest News
Sarissa Resources Inc. (OTC Markets: Pink SRSR) (Sarissa or the Company), announces the sale of the Nemegosenda specialty metals and rare earth project from Nio-Star Corporation, a Canadian subsidiary of Sarissa, to Indo Global Exchange(s) Pte, Ltd. (OTC Markets: IGEX) (Indo Global)

Under the terms of the sale, the Indo Global will file a Form S-1 to facilitate a distribution of shares so that post-split, 95% of the Indo Global shares shall be held by existing Sarissa shareholders as of the record date, and 5% will be held by existing Indo Global shareholders. Sarissa shareholders will receive 1 new share of Indo Global for every 20 Sarissa shares held on the date of record. Indo Global intends to file for a name change to Niobium Technology Corporation, a symbol change to NBTC, and for a 12,500:1 reverse split, for approval by the Financial Industry Regulatory Authority, Inc. (FINRA).

Indo Global will own, outright, the Nemegosenda property an approximately 1,800-acre property located near Chapeau, Ontario. Exploration and geological work has been completed by Dominion Gulf Company in the late 1950s and early 1960s, by Eastmaque Gold Mines/International Musto in the 1980s and more recently by Sarissa Resources Inc. In total, diamond drilling of 84 holes totaling over 15,500 meters has been completed. A historic estimate was prepared by G.E. Red Parsons for Dominion Gulf Company that indicated for the D Zone "20,000,000 tons of 0.47 percent Nb2O5 material in a block 600 by 800 feet in size and to depths up to 600 feet," based on Gulf's drilling and a 580 foot adit which penetrated 235 feet into the zone. A 36-tonne bulk sample was extracted and subsequently was used by the Colorado School of Mines Research Institute in a pilot plant where niobium extraction from the ore was consistently achieved at an 85% to 90% level. An Economic Analysis of the project was c

COMPARE WITH ELM CREEK, IMAGES, DEC 27, 2016

https://www.google.com/search?q=niocorp+elk+creek,+IMAGE&biw=1366&bih=614&tbm=isch&tbo=u&source=univ&sa=X&ved=0ahUKEwjeyt_mzJTRAhXFiFQKHfhvB2cQsAQIIA

SHOULD WE BE TROUBLED ABOUT THE SHARE PRICE DURING THE WINTER STAGE OF PRODUCTION?

TODAY DEC 27, 2016 NIOBF:US
Niocorp Developments Ltd - Details


Add symbol to default portfolio Add symbol to default portfolio | Manage portfolios
See more : Details | Technical analysis | Historical prices
NIOBF


Last Trade: 0.56 Ask: N/A
Bid: N/A Change: N/A Variation
Change in Percent: N/A Variation EPS Estimate Next Year: N/A
Volume: 52-week Range: 0.37 - 0.87
Stock Exchange: PNK

YOU CAN COMPARE PROGRESS IN NIOBIUM MINNING:
Elk Creek Niobium mine could be operational by late 2016
by Ryan Robertson, Producer/Reporter, NET News

Workers at the Elk Creek, Nebraska niobium mine drill into the ground to find where the mineral is located. (Photo by Ryan Robertson, NET News)

Listen to this story:
05:44
May 7, 2015 - 6:45am

NioCorp, a Canadian company, is looking to mine a rare niobium deposit in Nebraska. The company hopes its mine near Elk Creek, Nebraska could be operational by late 2016.


In a farmer’s field in Johnson County, about an hour and a half southeast of Lincoln, Canadian-based mining company NioCorp is looking for niobium, a mineral added to steel to make it lighter and stronger.

Scott Honan, NioCorp’s VP of Business Development, said there is billions of dollars worth of material starting at about 600 feet below the surface.
ABOVE: Drill crews employed by NioCorp have drilled 21 holes in the last two years. According to Scott Honan with NioCorp, hole depth ranged from 2,400 feet to 3,000. In total, NioCorp has drilled 17,914 meters in the past year, or 11.13 miles. (Photo by Ryan Robertson, NET News)

BELOW: While the area around a drill site looks worn down, Honan said NioCorp employs various efforts to restore the area to its natural setting. The green space in this picture is a former drill site, adjacent to the current site. (Photo by Ryan Robertson, NET News)
At the drill site, a small team of workers operated two very large pieces of machinery. They have been drilling holes about the diameter of a small cantaloupe thousands of feet into the ground. Honan said even though NioCorp released a very positive preliminary economic assessment earlier this year, the company continues to work to figure out the best way to free the niobium from its current location.
Honan said that information also helps him lock down leases with landowners.

“It’s kind of a typical process as you develop a mine where you start with a very large land position, and as you figure out exactly where things are and the resources and where you want your facilities to be, that land package kind of shrinks down a little bit,” Honan said. “So we’re going through that right now and I would expect something like one-third of the original 64 agreements would be extended or renewed in some way."

Did you catch that? Of the 64 lease agreements NioCorp initially held with landowners in 2011, somewhere around 20 will be extended. The terms of each agreement are private.

“When you have to have those conversations with people they would obviously like to have their agreements extended and get some more benefit directly from the project. So I’ve had a number of those conversations with folks,” Honan said. “I think if you’re honest and upfront with them, and explain what you’re doing and why you’re doing it and the fact that the project is still moving forward and moving forward quickly, the people are usually pretty accepting of the fact they may not get extended.”

Honan said he now has a preliminary design of the mine and the surface facilities needed to run it. Things like a crushing plant and mill.
These barns were built by Molycorp in the late 1960's. Molycorp is the privately held mining company which held the original land lease agreements around Elk Creek. Inside each barn are thousands of pounds of mineral samples, harvested from the drilling operations around the area. (Photo by Ryan Robertson, NET News)
“Along with those buildings, we would have all the other kinds of things that you would expect from an industrial operation. We would have an office, a warehouse, storage areas, parking lot, maintenance facilities, all the kinds of smaller buildings and structures that you would need to support a larger operation like we’re talking about here,” Honan said.
Once the mine is up and running, which could be as soon as late 2016, NioCorp plans to employ between 200-300 people. Quite the economic boom considering the nearest town, Elk Creek, had fewer than 100 people living there in 2010.

Last year, former state senator Tony Fulton, who now sits on NioCorp’s board of directors, said the roads and rail lines are already in place to begin mining. The land where the mine will most likely be located though, hasn’t been re-zoned yet for a mining operation.

More NET News reporting on the niobium mine near Elk Creek, Nebraska:

Niobium and the Nebraska Legislature: Intersecting Interests

Niobium and the Nebraska Legislature: Disclosure and Potential Conflict of Interests
While they declined to speak on the record, several landowners did express some concern at the possibility of so many people moving in and not having the adequate resources to deal with them.
Lavon Heidemann, another former state senator and former lt. governor, doesn’t think it will be a problem. He owns the land across the road from where most of the niobium in the area has been located, and does have a lease agreement with NioCorp.

He said as a property owner, he isn’t concerned about a lack of grocery stores, gas stations, and housing in the area.

ABOVE: Downtown Elk Creek consists of a handful of buildings, and the grain silos near the railroad tracks. The 2010 census listed the population of the town at 98. NioCorp said it plans to higher between 200 and 300 people once the mine is operational.

BELOW: The bulk of the niobium deposit is located beneath a farm just off Highway 50. Tony Fulton, a former state senator and now a member of NioCorp's board of directors, said the proximity of the site to a highway and rail line will make transport of mined materials easier. (Photos by Ryan Robertson, NET News)
“Build it and they will come. Pure and simple,” Heidemann said. “This is an opportunity for the local community to actually grow, and we don’t even know to what extent yet. There might be spin-off projects because of this.”
Scott Honan said he began talking to economic development groups last year about building more homes and shops in the area, but says most investors are waiting for more certainty from NioCorp before building; the type of certainty that comes with the release of a feasibility study.

“The easiest way to explain a feasibility study is we have to be able to demonstrate exactly how much we need to spend to build the operation and then we have to be able to demonstrate that the operation will generate enough revenue to pay back the folks we borrow money from and get a good return, like any business,” Honan said.

According to Honan, all of the work NioCorp has done over the last two years has been for the feasibility study, which should be available by the end of the year. It’s expected to cost $919 million to build the mine and all the necessary facilities. A NioCorp press release said that figure includes a substantial amount of money to cover contingencies and owner’s costs.

NioCorp also recently signed confidentiality agreements with Credit Suisse and Morgan Stanley, two multinational finance corporations, to review its long-term planning strategy.

Honan admitted, though, without the help of local landowners, the project would be dead in the water.

“We want to be good neighbors,” Honan said, “Certainly as a company, if we don’t have license to operate from the local folks, we probably aren’t going to be operating.”

And it appears the local folks are continuing to give NioCorp license to operate. Honan said he’s reached agreements with about half of the 20 or so leases NioCorp wanted to renew. He said not a single landowner has told him “no” so far, but there are those doing their due diligence before signing a new agreement.
...
Related Articles
•Niobium and the Nebraska Legislature: Intersecting Interests
•Nebraska State Senator Al Davis Fined For Not Disclosing Potential Conflict of Interest
•Niobium and the Nebraska Legislature: Disclosure and Potential Conflicts of Interest
•Elk Creek Niobium Project Moves Forward
•Lobbying complaint against ex-Senator Fulton dismissed

PLANNER ACCORDING TO COMPANY:


Short and medium term objectives:
? Develop relations with First Nations. ? Update resource estimate, opex and capex. ? Drilling at depth and tightening of the grid. ? Initiate PEA. Baseline studies.

THE PLAN: HASN'T WORKED FOR OTHERS, SEARCH

December 23, 2013 - 10:36 AM EST

TNMLF 0.0306 0.00

Today 5d 1m 3m 1y 5y 10y
WHM:CA 0.04 0.00

Today 5d 1m 3m 1y 5y 10y
IIROC Trade Resumption - Trillium North Minerals Ltd.
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2013) - Trading resumes in:


Company:

Trillium North Minerals Ltd.
TSX-Venture Symbol:

TNM
Resumption Time (ET):

11:00
IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

- 30 -
For further information: IIROC Inquiries 1-877-442-4322 (Option 3) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

copyright (c) newsfile corp. 2013. all rights reserved
Source: Newsfile Corp. (December 23, 2013 - 10:36 AM EST)

News by QuoteMedia
www.quotemedia.com

OTHERS HAVE WALKED THIS PATH OF 10%

Adoption of New 10% Rolling Stock Option Plan
November 03, 2010 6:06pm Comments

(via COMTEX News Network)--
Trillium North Minerals Ltd. (TNM - TSX Venture), announces that shareholder approval was received at its Annual General Meeting held October 7, 2010 for the adoption of a 10% Stock Option Plan (the "New Plan"), which replaces the Company's former 20% stock option plan (the "Former Plan").The TSX Venture Exchange approved the New Plan on November 2, 2010.

Pursuant to the New Plan, the maximum number of common shares that may be reserved for issuance under outstanding stock options will be 10% of the Company's issued and outstanding common shares, from time to time, as constituted on the date of any grant of options under the New Plan.Under the New Plan, options will be exercisable over periods of up to 10 years as determined by the Board of Directors and are required to have an exercise price no less than the closing market price of the Company's shares on the trading day immediately preceding the day on which the Company announces the grant of options (or, if the grant is not announced, the closing market price prevailing on the day that the option is granted), less the applicable discount, if any, permitted by the policies of the Exchange and approved by the Board of Directors.In addition, the number of shares which may be reserved for issuance to any one individual may not exceed (without shareholder approval) 5% of the issued shares on a yearly basis or 2% if the optionee is engaged in investor relations activities or is a consultant.The New Plan contains no vesting requirements, but permits the Board of Directors to specify a vesting schedule in its discretion.

All options governed by the former Plan that were outstanding as of the date of implementation of the New Plan (the "Existing Options") count against the number of shares reserved for issuance under the New Plan as long as such options remain outstanding.All Existing Options are now governed by the New Plan; however, any vesting schedule imposed by the Former Plan in respect of the Existing Options will remain in full force and effect.

ON BEHALF OF THE BOARD

Elliot Strashin, President

For more information, please contact:

Elliot Strashin

President,

Trillium North Minerals Ltd.

(416) 504-0077 phone

(416) 504-6019 fax

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Source: Trillium North Minerals Ltd

Maximum News Dissemination by Filing Services Canada Inc. *

www.usetdas.com
www.useTDAS.com

WHAT'S BEYOND GOOD AND EVIL: ASK QUESTIONS ON THE MATTER?


Niobay Metals Inc.
December 22, 2016 16:00 ET

Niobay Metals Announces Adoption of New Stock Option Plan

MONTREAL, QUEBEC--(Marketwired - Dec. 22, 2016) - Niobay Metals Inc. (the "Company") (TSX VENTURE:NBY) announces that its board of directors has approved a new "rolling 10%" stock option plan (the "New Plan") subject to approval of the Company's shareholders and the TSX Venture Exchange ("TSX-V").

The New Plan has been conditionally approved by the TSX VENTURE and will be submitted to the Company's shareholders for approval at its 2017 annual meeting of shareholders. Any stock options granted pursuant to the New Plan after the date hereof and prior to shareholder approval will also be subject to, and will not be exercisable until, disinterested shareholder approval has been obtained. If such approval is not obtained, the stock options granted under the New Plan will terminate.

The New Plan will replace the Company's "fixed number" stock option plan. Pursuant to the New Plan, the board of directors may grant stock options to directors, officers, employees, and consultants of the Company up to a maximum of 10% of the total the number of issued and outstanding shares of the Company from time to time, less any shares reserved for issuance under the "fixed number" option plan. More details about the New Plan will be provided in the management information circular for the 2017 annual meeting of shareholders.

Appointment of Corporate Secretary

The Company is also pleased to announce the appointment of Ms. Carole Plante as corporate secretary of the Company. Ms Plante received a law degree in 1983 from the University of Montréal and is a member of the Québec Bar. She has over 20 years of experience in the mining sector acting mainly as general counsel and corporate secretary for various publicly traded companies with mining activities in many international jurisdictions. Ms. Plante currently acts as general counsel and corporate secretary of a number of mineral exploration companies listed on the TSX-V.

About Niobay Metals Inc.

Niobay Metals Inc. is a mineral exploration company holding a 100% interest in the James Bay Niobium property in Ontario, Canada and a 72.5% interest in the Crevier niobium / tantalum project in Quebec, Canada. Niobay also holds interest in the Ikungu and Ikungu East gold properties in Tanzania.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Follow us on Twitter: https://mobile.twitter.com/NiobayMetals

LinkedIn: https://www.linkedin.com/company/niobay-metals-inc.?trk=biz-companies-cym

Contact Information
Claude Dufresne, P.Eng.
President & CEO
Niobay Metals Inc.
514 866-6500, Ext. 221
cdufresne@niobaymetals.com
www.niobaymetals.com

POSSIBILITY THINKING IS DONE BY A LEADER, not a follower.

THOUGHT ON THIS CHANGE:

THE STOCK PRICE WILL FALL, UNFORGIVING UNTIL SOMETHING ACTUALLY HAPPENS @ THE MINE LOCATION.



Leveraging our long-standing relationship with Japan to power growth

Kaizen's strong business ties with the trading houses of Japan provide us with a core mandate of acquiring early-stage mineral projects in a low point of the commodity cycle. With the assistance of our Japanese strategic partners, we build value by moving these projects forward to ultimately feed the Japanese industrial complex with the commodities they need.

Shortly after we formed in December 2013 through a combination of Concordia Resource Corp. and assets acquired from HPX TechCo, ITOCHU Corporation bought into Kaizen in February 2014 for $5.1 million to have Kaizen acquire distressed assets. ITOCHU is a major Japanese trading house with a market capitalization of approx. $20 billion and over 100,000 employees in 65 countries. More information on ITOCHU's comprehensive collaboration with Kaizen is available here.


TODAY'S 22 DEC 2016 ..Stock Price




KZD.V

Last 0.12
Change -0.005
Change % -4%
Time 2016-12-23 06:05:18
Bid 0.12
Bid Size 4
Ask 0.12
Ask Size 153
Day Low 0.12
Day High 0.125
Open 0.125
Prev Close 0.125
Volume 6100



1 mo
3 mo
6 mo
1 yr
2 yr






Subscribe
Email Updates RSS Feed

Latest News



Dec 21, 2016: Aspen Grove Copper-Gold Project update

Nov 10, 2016: Kaizen Discovery Announces Rights Offering

Nov 09, 2016: Kaizen Discovery signs land access and community agreements for the Pinaya Copper-Gold Project in Peru

Oct 21, 2015: A tribute to R. Edward Flood, a former director of Kaizen Discovery

Support ALS research in memory of Ed Flood



©2013 Kaizen Discovery. All rights reservered
Designed by Monster Design Co.

WHY THIS DIRECTION?
THE FOWOLLING IS A LEADER IN STOCK IDEAS IN JAPANEE THINKING

What is the meaning of "Kaizen"?

Kaizen is the practice of continuous improvement. Kaizen was originally introduced to the West by Masaaki Imai in his book Kaizen: The Key to Japan's Competitive Success in 1986. Today Kaizen is recognized worldwide as an important pillar of an organization's long-term competitive strategy. Kaizen is continuous improvement that is based on certain guiding principles:
•Good processes bring good results
•Go see for yourself to grasp the current situation
•Speak with data, manage by facts
•Take action to contain and correct root causes of problems
•Work as a team
•Kaizen is everybody's business
One of the most notable features of kaizen is that big results come from many small changes accumulated over time. However this has been misunderstood to mean that kaizen equals small changes. In fact, kaizen means everyone involved in making improvements. While the majority of changes may be small, the greatest impact may be kaizens that are led by senior management as transformational projects, or by cross-functional teams as kaizen events.

SEARCH FOR EXAMPLES OF THE RELEASE ON THE 22 OF DEC, 2016 BY C0MMPANY:

OPEN THE FOLLOWING:
www.kaizendiscovery.com/i/pdf/agm/2015-06-30_KZD_MIC.pdf

START WITH THIS:

i
KAIZEN DISCOVERY INC.
NOTICE OF THE 2015 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS
May 21, 2015
NOTICE IS HEREBY GIVEN that the Annual General and Special Meeting (the “Meeting”) of the shareholders (the “Shareholders”) of Kaizen Discovery Inc. (the “Company”) will be held at The Vancouver Club, University Room, 915 West Hastings Street in Vancouver, British Columbia, Canada, on June 30, 2015 at 10:00 am (Vancouver Time) for the following purposes:
1. to receive the financial statements of the Company for the year ended December 31, 2014 together with the report of the Company’s auditor thereon; 2. to appoint the auditor for the ensuing year and to authorize the directors to fix the auditor’s remuneration; 3. to set the number of directors at nine (9); 4. to elect nine (9) directors;
5. to consider and, if thought fit, to approve an ordinary resolution re-approving the Company’s 10% rolling Stock Option Plan; 6. to consider and, if thought fit, to approve an ordinary resolution establishing a new restricted share unit plan for the Company on a disinterested voting basis in accordance with the requirements of the TSX Venture Exchange (“TSXV”); and 7. to transact any other business which may properly come before the Meeting or at any adjournment or postponement thereof.
The board of directors of the Company (the “Board”) has fixed May 12, 2015 as the record date for the determination of Shareholders entitled to notice of, and to vote at, the Meeting and at any adjournment or postponement thereof.
The accompanying Management Information Circular provides additional information relating to the matters to be dealt with at the Meeting and is supplemental to and expressly made a part of this Notice of Meeting.
If you are a registered Shareholder of the Company and are unable to attend the Meeting in person, please complete, date and sign the accompanying form of proxy and deposit it with Computershare Investor Services Inc. Attention: Proxy Tabulation Unit, 8th Floor, 100 University Avenue, Toronto, Ontario M5J 2Y1, or online via: www.investorvote.com, by 10:00 a.m. (Vancouver Time) on June 26, 2015 or at least 48 hours (excluding Saturdays, Sundays and holidays recognized in the Province of British Columbia) before the time that the Meeting is to be reconvened after any adjournment of the Meeting or 48 hours (excluding Saturdays, Sundays and holidays recognized in the Province of British Columbia) before the commencement of any postponed Meeting. Shareholders can also send their proxies by fax to 1-866249-7775 (toll-free); 1-416-263-9524 (outside Canada and the US).


ii
If you are a non-registered Shareholder of the Company and received this Notice of Meeting and accompanying materials through a broker, a financial institution, a participant, a trustee or administrator of a self-administered retirement savings plan, retirement income fund, education savings plan or other similar self-administered savings or investment plan registered under the Income Tax Act (Canada), or a nominee of any of the foregoing that holds your security on your behalf (the “Intermediary”), please complete and return the materials in accordance with the instructions provided to you by your Intermediary.
Please note that the Company is not utilizing the notice-and-access mechanism under National Instrument 54-101 – Communication with Beneficial Owners of Securities of a Reporting Issuer and National Instrument 51-102 – Continuous Disclosure Obligations, for distribution of Meeting Materials to registered and beneficial shareholders.
A copy of the proposed restricted share unit plan is available for inspection at the Company’s registered office in Vancouver during regular business hours.
Dated at Vancouver, British Columbia this 21st day of May, 2015.
BY ORDER OF THE BOARD OF DIRECTORS OF KAIZEN DISCOVERY INC.
“Peter Meredith” “Mary Vincelli” Peter Meredith Mary Vincelli Chairman of the Board of Directors Corporate Secretary

NEWS RELEASE DEC 22, 2016 BY COMPANY:

TSX-V: NBY
Niobay Metals announces adoption of new stock option plan
Montreal, December 22, 2016 – Niobay Metals Inc. (the “Company”) (TSX-V: NBY) announces that its board of directors has approved a new "rolling 10%" stock option plan (the "New Plan") subject to approval of the Company’s shareholders and the TSX Venture Exchange (“TSX-V”).
The New Plan has been conditionally approved by the TSX-V and will be submitted to the Company’s shareholders for approval at its 2017 annual meeting of shareholders. Any stock options granted pursuant to the New Plan after the date hereof and prior to shareholder approval will also be subject to, and will not be exercisable until, disinterested shareholder approval has been obtained. If such approval is not obtained, the stock options granted under the New Plan will terminate.
The New Plan will replace the Company’s "fixed number" stock option plan. Pursuant to the New Plan, the board of directors may grant stock options to directors, officers, employees, and consultants of the Company up to a maximum of 10% of the total the number of issued and outstanding shares of the Company from time to time, less any shares reserved for issuance under the “fixed number” option plan. More details about the New Plan will be provided in the management information circular for the 2017 annual meeting of shareholders.
Appointment of Corporate Secretary
The Company is also pleased to announce the appointment of Ms. Carole Plante as corporate secretary of the Company. Ms Plante received a law degree in 1983 from the University of Montréal and is a member of the Québec Bar. She has over 20 years of experience in the mining sector acting mainly as general counsel and corporate secretary for various publicly traded companies with mining activities in many international jurisdictions. Ms. Plante currently acts as general counsel and corporate secretary of a number of mineral exploration companies listed on the TSX-V.
About Niobay Metals Inc.
Niobay Metals Inc. is a mineral exploration company holding a 100% interest in the James Bay Niobium property in Ontario, Canada and a 72.5% interest in the Crevier niobium / tantalum project in Quebec, Canada. Niobay also holds interest in the Ikungu and Ikungu East gold properties in Tanzania.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For more information, contact:
Claude Dufresne, P.Eng. President & CEO Niobay Metals Inc. Tel.: 514 866-6500, Ext. 221
Email: cdufresne@niobaymetals.com Website: www.niobaymetals.com

THE RIGHT THING TO DO! DEC 20, 2016

Press release TSX-V: NBY
Niobay Metals announces Closing of Flow Through Financing
Montreal, December 20, 2016 – Niobay Metals Inc. (the “Company”) (TSX-V: NBY) is pleased to announce that it has closed the previously announced non-brokered private placement of flow-through shares. The Company issued 1,377,626 flow-through common shares (the “FT Shares”) at a price of $0.85 per FT Share, raising aggregate gross proceeds of $1,170,982 (the "Offering").
The proceeds of the Offering will be used to incur Canadian exploration expenses and flowthrough mining expenditures, as defined under the Income Tax Act (Canada), that will be renounced in favour of the purchasers with an effective date of no later than December 31, 2016. The funds are intended to be used to explore the Company's Canadian properties.
The Company paid $38,500 in cash and issued 45,294 warrants to a qualified finder in connection with the closing of the Offering. Each warrant will entitle the holder to purchase one common share at a price of $1.25 for a period of 24 months following closing date.
The FT Shares and finder’s warrants will be subject to resale restrictions for a period of four months and one day from the closing date of the Offering under applicable securities legislation. Following completion of the Offering, the Company has 32,535,127 common shares issued and outstanding.
Insiders of the Company subscribed for a total of 144,474 FT Shares and their participation in the Private Placement constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The fair market value of the consideration paid by insiders for the FT Shares being less than 25% of the Company's market capitalization, the Company intends to avail itself of the exemption from the formal valuation and the exemption from minority shareholder approval under sections 5.5 (a) and 5.7 (1) (a) of MI 61-101.
The Private Placement was made under the prospectus exemptions of applicable securities legislation and is subject to the final consent of the TSX Venture Exchange.
About Niobay Metals Inc.
Niobay Metals Inc. is a mineral exploration company holding a 100% interest in the James Bay Niobium property in Ontario, Canada and a 72.5% interest in the Crevier niobium / tantalum project in Quebec, Canada. Niobay also holds interest in the Ikungu and Ikungu East gold properties in Tanzania.
Cautionary Statement
Certain statements contained in this news release constitute forward looking information under the provisions of Canadian securities laws. All statements that address future plans, activities or events that the Company believes, expects or anticipates will or may occur are forward-looking information. Specifically, this news release contains forward looking information about the Company’s plans and
intended use of proceeds. Forward looking information is based upon assumptions by management that are subject to known and unknown risks and uncertainties beyond the Company’s control, including risks related to obtaining all necessary permits to carry out exploration work. There can be no assurance that outcomes anticipated in the forward looking information will occur, and actual results may differ materially for a variety of reasons. Accordingly, readers should not place undue reliance on forward looking information. The Company undertakes no obligation to update publicly or otherwise revise any forward looking information, except as may be required by law.
The FT Shares have not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, contact:
Claude Dufresne, P.Eng. President & CEO Niobay Metals Inc. Tel.: 514 866-6500, Ext. 221
Email: cdufresne@niobaymetals.com Website: www.niobaymetals.com

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


December 12, 2016 07:48 ET




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

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

NIOBIUM STOCKS HAVE A COMMON FALL IN THE PRICE UNTIL THE MINE HAS A PHYICAL START IN THE GROUND, SADLY

FINANCIALS DEC 2016


: Markets Detailed Quote Depth/LII Options Charts News Company Financials Insiders Filings Analyst Earnings Historical GO Symbol Lookup | Recent Quotes powered by
quotemedia.com




Balance Sheet for Niobay Metals Inc. (NBY:CA)


$ 0.71 0.00 (0.00%) Volume: 0 3:06 PM EST Dec 12, 2016





Statement: Balance Sheet Income Statement Cash Flow View: Annual Quarterly




Assets [+] in Thousands of Dollars

12/2015 12/2014 12/2013 12/2012 12/2011

Cash and Equivalents 69 265 275 1,375 1,660
Restrictable Cash - - - - -
Marketable Securities 250 700 1,700 3,059 3,475
Receivables 221 831 867 1,262 5,811
Inventories - - - - -
Prepaid Expenses 11 19 24 29 32
Current Deferred Income Taxes - - - - -
Other Current Assets - - - - -
Total Current Assets 551 1,815 2,866 5,725 10,977
Gross Fixed Assets 7,835 23,907 27,586 30,524 36,500
Accumulated Depreciation (140) (122) (106) (81) (63)
Net Fixed Assets 7,694 23,784 27,480 30,443 36,437
Intangibles - - - - -
Cost in Excess - - - - -
Non-Current Deferred Income Taxes - - - 6,199 1,673
Other Non-Current Assets - - - - -
Total Non-Current Assets 7,796 23,784 27,480 30,443 38,110
Total Assets 8,347 25,600 30,346 36,168 49,087


Liabilities [+] in Thousands of Dollars

12/2015 12/2014 12/2013 12/2012 12/2011

Accounts Payable 237 817 659 729 394
Short Term Debt - 48 - - -
Notes Payable - - - - -
Accrued Expenses - - - - -
Accrued Liabilities - - - - -
Deferred Revenues - - - - -
Current Deferred Income Taxes (267) - - (248) 1,199
Other Current Liabilities - - 94 100 109
Total Current Liabilities 237 865 754 829 503
Long Term Debt N/A N/A N/A N/A N/A
Deferred Income Tax 195 462 462 1,095 1,115
Other Non-Current Liabilities - - - 79 156
Minority Interest 1,133 1,798 1,855 1,928 1,949
Capital Lease Obligations - - - - -
Preferred Securities of Subsidiary Trust - - - - -
Preferred Equity Outside Shareholders' Equity - - - - -
Total Non-Current Liabilities 1,328 2,260 2,317 3,102 3,220
Total Liabilities 1,565 3,125 3,070 3,931 3,724
Preferred Shareholder's Equity - - - - -
Common Shareholder's Equity 6,782 22,475 27,275 32,237 45,364
Total Equity 6,782 22,475 27,275 32,237 45,364
Total Liabilities & Shareholder's Equity 8,347 25,600 30,346 36,168 49,087







Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated (View delay times for all exchanges). RT Real-Time, RTB Real-Time BATS BZX Price/Quote; not sourced from all markets, RTN Real-Time NASDAQ Price/Quote; not sourced from all markets, EOD End Of Day, PD Previous Day. H Halted, r Restriction started today, r Restriction carried over from prior day . Market Data powered by QuoteMedia. Financials by Morningstar. Terms of Use.

DEC 12, 2016

Niobay Metals Inc. (formerly MDN INC.)
Profile
Mailing Address: Claude Dufresne
1693, rue Saint-Patrick
Bureau 106
Montréal, Québec
H3K 3G9
Head Office Address: Claude Dufresne
1693, rue Saint-Patrick
Bureau 106
Montréal, Québec
H3K 3G9

Contact Name: Claude Dufresne Principal Regulator: Quebec
Business e-mail address: cdufresne@mdn-mines.com Short Form Prospectus Issuer: No
Telephone Number: 514 866-6500 Reporting Jurisdictions: British Columbia, Alberta, Ontario, Quebec
Fax Number: 514 932-1543 Stock Exchange: TSX Venture
Date of Formation: Jan 27 1954 Stock Symbol: NBY
Jurisdiction Where Formed: Québec Auditor: PricewaterhouseCoopers LLP
Industry Classification: junior natural resource - mining General Partner:
CUSIP Number: 654454 Transfer Agent: TSX TRUST COMPANY
Financial Year-End: Dec 31 Size of Issuer (Assets): $25,000,001 to $100,000,000

PRESS RELEASE, DEC 12, 2016, (READ ALL)
sedar.com/FindCompanyDocuments.do
Press release TSX-V: NBY
Niobay Metals announces Flow-Through Financing of up to $1,000,000
Montreal, December 12, 2016 – Niobay Metals Inc. (the “Company”) (TSX-V: NBY) announces plans to complete a non-brokered private placement (the “Private Placement”) of up to 1,176,471 flowthrough shares at a price of C$0.85 per share for gross proceeds of $1,000,000 (the "Offering").
Closing of the Offering is subject to customary conditions, including receipt of all regulatory approvals, and is anticipated to occur by December 16, 2016. All flow-through shares issued as part of the offering will be subject to a four-month-and-one-day hold period.
The company intends to use the proceeds of the Offering to conduct exploration work on its Canadian properties, and to incur eligible Canadian exploration expenses that qualify as Canadian exploration expenses and flow-through expenditures for purposes of the Income Tax Act (Canada), and which will be renounced in favour of the holders with an effective date of no later than December 31, 2016.
In connection with the Offering, the Company may pay finder's fees to qualified finders in accordance with the policies of the TSXV.
About Niobay Metals Inc.
Niobay Metals Inc. is a mineral exploration company holding a 100% interest in the James Bay Niobium property in Ontario, Canada and a 72.5% interest in the Crevier niobium / tantalum project in Quebec, Canada. Niobay also holds interest in the Ikungu and Ikungu East gold properties in Tanzania.
Cautionary Statement
Certain statements contained in this news release constitute forward looking information under the provisions of Canadian securities laws. All statements that address future plans, activities or events that the company believes, expects or anticipates will or may occur are forward-looking information. Specifically, this news release contains forward looking information about the company’s plans to complete the Offering on the terms announced and the intended use of proceeds. Forward looking information is based upon assumptions by management that are subject to known and unknown risks and uncertainties beyond the company’s control, including risks related to capital markets and to obtaining all necessary permits to carry out exploration work. There can be no assurance that outcomes anticipated in the forward looking information will occur, and actual results may differ materially for a variety of reasons. Accordingly, readers should not place undue reliance on forwardlooking information. The company undertakes no obligation to update publicly or otherwise revise any forward-looking information, except as may be 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) accepts responsibility for the adequacy or accuracy of this release.
For more information, contact:
Claude Dufresne, P.Eng. President & CEO Niobay Metals Inc. Tel.: 514 866-6500, Ext. 221
Email: cdufresne@niobaymetals.com Website: www.niobaymetals.com

POWER-POINT ON NIOBAY METALS INC.

www.niobaymetals.com/wp/wp-content/uploads/2016/08/MDN_Corporate-Presentation_Aout-2016_EN.pdf

PHOTOS OF ROADS IN AREA OF ARGOR PROPERTY:

BELIEVE ANY ACTUAL PROCESS ON THE MINE WILL BE SPRING WORK...

winterroadcompany.ca/gallery/images

WE HAVE A PLANNER:

(NEEDS TO INCLUDE MINE ACTIVITY)

Events for December 2016
Calendar Month Navigation
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
27
28 MDRU Western Tethyan Metallogeny Day
29
30

1
2
3
4
5 AEMA 2016 Annual Meeting Exposition & Short Courses
6 AEMA 2016 Annual Meeting Exposition & Short Courses
7 AEMA 2016 Annual Meeting Exposition & Short Courses
8 AEMA 2016 Annual Meeting Exposition & Short Courses
AEMA 2016 Annual Meeting Exposition & Short Courses
December 5 - December 9
The AEMA Annual Meeting and Exposition, held the first week of December, is a preeminent and the second largest annual mining convention in the U.S. Our convention consists of short courses, technical, legislative and policy sessions, and a 250 booth trade exposition. Our sessions emphasize mineral deposits, exploration and development, operations, business and finance, environmental
9 AEMA 2016 Annual Meeting Exposition & Short Courses
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Calendar Month Navigation
« November

GOOD NEWS
Commerce Resources records highest niobium mineralized sample to date at Miranna


rockstone-research.com/index.php/en/research-reports/1628-Commerce-Resources-records-highest-niobium-mineralized-sample-to-date-at-Miranna

Rembar Qality and Service since 1950REMBAR Registered TrademarkFast-

Niobium
ni·o·bi·um (1801 - Charles Hatchett) A lustrous light gray ductile metallic element that resembles tantalum chemically and is used in alloys. Also known as Columbium Cb.

Niobium, also known as columbium, is number 41 on the periodic table. With a melting point of 2468°C, it qualifies as a refractory metal. Niobium has a density of 8.57 gm/cc. It has many properties that make it an excellent candidate for fabricated parts that must be made of a refractory metal. Niobium offers good ductility and weldability under a clean, dry, inert gas or a vacuum.


Physical Properties of Niobium


PROPERTY

Atomic Weight 92.9064
Density 8.57 g/CC
Melting Point 2750 K, 2468°C, 4490°F
Boiling Point 5017 K, 4927°C, 8571°F
Coefficient of Thermal Expansion (20°C) 7.1 x 10-6/°C
Electrical Resistivity (20°C) 15 microhms-cm
Electrical Conductivity 13.2% IACS
Specific Heat .126 cal/g/°C
Thermal Conductivity .523 cal/cm2/cm°C/sec
Crystal Structure bcc
Thermal Neutron Cross Section 1.1 b

Niobium, discovered in 1801 by C. Hatchett, an English Chemist, is a metal that is closely related to tantalum. It offers similar corrosion resistance and yet is formable, weldable, and easier to machine. However, neither niobium or tantalum are considered to be easy to machine.

Niobium is very similar to tantalum and several alloys are available in the arc-cast and wrought condition. It has the lowest melting point of all the refractory metals covered, the lowest modulus of elasticity and thermal conductivity, and the highest thermal expansion. It also has the lowest strength and lowest density of the refractory metals.

Niobium's ductile-to-brittle transition temperature ranges from -150° to -250°F (-101° to -157°C). This metal also has the low thermal neutron capture cross-section required for nuclear applications.

Its high melting point warrants its use at temperatures above the maximum service temperatures of the iron base, nickel base, and cobalt base metals. It has excellent ductility and fabricability. Pure niobium has a recrystallization temperature range of 1800 to 2000°F (982° to 1093°C).

Niobium offers nearly the corrosion resistance of tantalum and nearly the melting temperature of molybdenum. Yet, its cost is about 1/6th that of tantalum and 25% more than molybdenum.

Niobium was used as an alloy for many years. Nb/1%Zr was, and still is, used in nuclear reactors as the tubing for the fuel pellets because of its resistance to neutron bombardment. As C-103 alloy, it has been used for rocket nozzles and exhaust nozzles for jet engines and rockets because of its high strength and oxidation resistance at a low weight. Recently, it has been gaining favor in its pure form for semiconductor equipment components and corrosion resistant parts.

Heat treating in a vacuum at 1200°C for one hour causes complete recrystallization of material cold worked over 50%. This must be performed in a high vacuum (1 x 10-4 minimum) or in a clean, dry, inert gas.

Niobium can be bent, spun, deep drawn, and formed at room temperature up to its maximum work hardening. Machining is somewhat more difficult. High speed tooling with a proper lubricant will allow machining of niobium.

However, note that tool wear is high and the cost of machining is high in comparison to conventional metals. Tools will wear fast and high rake angles should be maintained. Tool maintenance must be taken into consideration when costing niobium parts. Nonetheless, this metal is an ideal candidate for a lower cost alternative when tantalum is being considered. Rembar supplies niobium in powder, sheet, rod, and wire forms. If your needs require fabrication of niobium, Rembar has the experience to produce the part to your specifications.


Applications of Niobium

Niobium's combination of strength, melting point, resistance to chemical attack, and low neutron absorption cross-section promotes its use in the nuclear industry. It has been identified as the preferred construction material for the first reactors in the space power systems programs.

Niobium mill products are used in the fabrication of corrosion resistant process equipment including reaction vessels, columns, bayonet heaters, shell and tube heat exchangers, U-tubes, thermowells, spargers, rupture diaphragms, and orifices.


Corrosion Resistance

The corrosion resistance of niobium is more limited than tantalum and this must be taken into consideration. The limitation stems from its sensitivity to most alkalis and certain strong oxidants.




Media

Concentration

Temp.

Nb

Acetic Acid 50% Boiling Nil
Bromine Dry 200°F Nil
Chlorine Wet 220°F Nil
Chromic Acid 50% Boiling 1 mpy
Hydrochloric Acid 5% 200°F 1 mpy
30% 200°F 5 mpy
Nitric Acid 65% Boiling <2 mpy
Sodium Hydroxide 10% Room *
Sulfuric Acid 40% Boiling 20 mpy
98% Boiling attacked

*Material may become brittle due to hydrogen attack.

However, niobium is totally resistant to such highly corrosive media as wet or dry chlorine, bromine, saturated brines, ferric chloride, hydrogen sulfide, and sulfur dioxide as well as nitric and chromic acids. It is also resistant to sulfuric and hydrochloric acids within specific temperature and concentration limits.

Niobium is also resistant to attack by many liquid metals such as: Li <1000°C, Na, K + NaK <1000°C, ThMg <850°C, U <1400°C, Zn <450°C, Pb <850°C, Bi <500°C and Hg <600°C.

Niobium has the ability to form stable, passive oxides and therefore, it can provide unique solutions to many corrosion problems. However, niobium cannot be used in air at temperatures exceeding 200°C. Refer to the table entitled Corrosion Resistance for additional information.


Working Characteristics

The cold working properties of niobium are excellent. Because of its bcc crystal structure, niobium is a very ductile metal that can undergo cold reductions of more than 95% without failure. The metal can be easily forged, rolled or swaged directly from ingot at room temperature.

Annealing is necessary after the cross-sectional area has been reduced by approximately 90%. Heat treating at 1200° C for one hour causes complete recrystallization of material cold worked over 50%. Note that the annealing process must be performed either in an inert gas or in a high vacuum at pressures below 1 X 10-4 Torr. Of the two methods, the use of a vacuum is preferred.

Niobium is well suited to deep drawing. The metal may be cupped and drawn to tube but special care must be taken with lubrication. Sheet metal can also easily be formed by general sheet metal working techniques. The low rate of work-hardening reduces springback and facilitates these operations.


Mechanical Properties of Niobium



Annealed Ultimate Tensile Strength 195 M Pa (28 ksi)
Yield Strength 105 M Pa (15 ksi)
% Elongation 30%+
% Reduction in Area 80%+
Cold Worked Ultimate Tensile Strength 585 M Pa (85 ksi)
% Elongation 5%
Hardness Annealed 60 HV
Cold Worked 150 HV
Poisson's Ratio 0.38
Strain Hardening Exponent 0.24
Elastic Modulus Tension 103 G Pa (15 x 10-6psi)
Shear 37.5 G Pa (15 x 106psi)
Ductile Brittle Transition Temperature * <147°K
Recrystallization Temperature 800 - 1100°C

* Significantly affected by increasing interstitial contents.



Cleaning Niobium



To properly clean niobium, the following steps are recommended:
• Degrease
• Immerse in commercial alkaline cleanser for 5 - 10 minutes.
• Rinse with water
• Immerse in 35 - 40% HN02 for 2 - 5 minutes at room temperature.
• Rinse with tap water, follow by a rinse with distilled water.
• Force air dry.

Copyright ©1996-2015 The Rembar Company, LLC All Rights Reserved.

Rembar ® is a registered trademark. All other trademarks are the property of the companies referenced.

Disclaimer : Rembar does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed.

COMPANY KNOWLEDGE:

Niobay Metals
James Bay Project

Ownership

Niobay Metals Inc. 100 %,

Location

The James Bay property is located east of the Township of Carroll in the district of Cochrane, 45 km south of Moosonee, in the James Bay Lowlands in the Province of Ontario, Canada .

Area

The property comprises the Crown Mining Lease and covers a total of 2,530 hectares.

History

The James Bay property was discovered in 1966 by Consolidated Morrison Explorations. Major exploration work carried out in 1968 and 1969, including about 48,000 feet of drilling in 85 holes established a deposit extending to 900 feet in depth and 1600 feet longitudinally. Lakefield Research carried out metallurgical tests in 1969, allowing for the development of a possible flow sheet for the niobium ore, with a view to the production of a concentrate grade of about 65% pyrochlore (Nb2O5).

A historical feasibility study was completed by the firm Canadian Bechtel Ltd. at the end of 1969, and updated by the same firm in 1979.

A number of studies dealing with specific aspects of the project were carried out between 1969 and 1979 by independent firms or companies for evaluation purposes, with a view to possible partnerships or acquisitions. At that time niobium price was a fraction of where it is today.

In June 2016, Niobay Metals Inc. acquired 100% of the property from Barrick Gold Inc., James Bay Columbium Ltd. and Goldcorp Inc.

Geology and Mineralization

Polychlore mineralization is contained in an intrusive complex of pyroxene-rich carbonatites dating from the Huronian Orogen, and generally orientated north­ south. Intrusions of hornblende gneiss abut the complex on its east and west sides. The general dip is sub-vertical, orientated slightly to the east.

Palaeozoic sediments consisting of altered, silty, sandy, argillaceous sandstones discordantly cover the carbonatite complex. These sandstones vary in thickness from 40 to 100 feet, and lie horizontally over the carbonatites, covering them completely. Unconsolidated silty glacial sediments between 20 and 30 feet deep cover these sandstones, and are themselves covered by spongy peat (muskeg) 3 to 6 feet deep.

Historical Estimates

A historical estimate was finalized by Dr. P. Price of Canadian Bechtel Ltd in 1967 and indicated 62 million tonnes at 0.52% Nb2O5. Moreover, an exploration shaft was sunk and a 225 tonne bulk sample was extracted to subsequently be used in a pilot plant which demonstrated a recovery rate of 78%, which is considered high for niobium processing.

The historical resources estimate, the historical feasibility and the historical metallurgical testing are based on data obtained by previous operators in the 1960s. Niobay Metals has not yet undertaken the work necessary to verify or classify those historical results. Economic studies completed in the 1960s do not mean the James Bay Niobium deposit would be found to be economic today. Niobay Metals is not treating the historical results as a current mineral resource nor as having been verified by a qualified person.

GET UP TO SPEED ON PROSESSING FOR NIOBIUM IN ONTARIO, CANADA, PHOTOS

https://www.google.com/search?q=processing+plant+for+niobium+in+ontario+canada,+PHOTOS&biw=1366&bih=614&tbm=isch&tbo=u&source=univ&sa=X&ved=0ahUKEwiP5N62p-LQAhUq04MKHXcbAeEQsAQIIw#imgrc=VNL2s9MCOk1KLM%3A

LATE ENTRY, NOV 28, 2016


What’s Propelling Niobay Metals Inc to Decline So Much?

?November 28, 2016 ?Richard Conner


What's Propelling Niobay Metals Inc to Decline So Much?

The stock of Niobay Metals Inc (CVE:NBY) is a huge mover today! About 21,400 shares traded hands. Niobay Metals Inc (CVE:NBY) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
The move comes after 8 months negative chart setup for the $26.48M company. It was reported on Nov, 28 by Barchart.com. We have $0.80 PT which if reached, will make CVE:NBY worth $1.85 million less.

More news for Niobay Metals Inc (CVE:NBY) were recently published by: Marketwired.com, which released: “MDN Announces Name Change, New Stock Symbol and Share Consolidation” on September 20, 2016. Reuters.com‘s article titled: “MDN announces name change, new stock symbol and share consolidation” and published on September 20, 2016 is yet another important article.

Niobay Metals Inc, formerly MDN Inc, is a Canada mineral exploration company. The company has a market cap of $26.48 million. The Company’s business consists of acquiring, exploring and evaluating mining properties. It currently has negative earnings. The Firm is in the exploration and evaluation-stage.

DEC 5/5, 2016

Notable Runner: Niobay Metals Inc (NBY) Increased 6.56% on Dec 5

?December 5, 2016? Hazel Jackson ?Comment(0)


Shares of Niobay Metals Inc (CVE:NBY) last traded at $0.65, representing a move of 6.56%, or $0.04 per share, on volume of 86,500 shares. After opening the trading day at $0.64, shares of Niobay Metals Inc traded in a close range. Niobay Metals Inc currently has a total float of 31.16M shares and on average sees 71,540 shares exchange hands each day. The stock now has a 52-week low of $0.6 and high of $1.25.


Canada: S&P/TSX Index

The S&P/TSX Composite Index is the headline index of equities listed on Canada’s Toronto Stock Exchange (TSX).Its components are market capitalization-weighted and together the constituents of the index account for 70% of TSX market capitalization.
The S&P/TSX Composite replaced the TSE 300 Index.

TO RESTATE OUR EPLORATION

START:[cWhile it’s still early, Dufresne reckons that if MDN builds a mine at Argor it would be underground, because an open pit in this part of Ontario would be expensive. He expects the company would need a concentrator at the mine site, and ship the concentrate to a location where it would be converted into ferro-niobium. Argor, just 45 km from Moosonee, is accessible by rail, although MDN would have to build a road from the project to Moosonee. The project is 120 km north of Detour Gold’s (TSX: DGC) gold mine of the same name.

It took MDN eight months to negotiate the deal, after finding the property by looking through files and at all of the carbonatite properties in northern Ontario.

“We discovered this one and we did a bit more digging and we realized it was dormant, and so we contacted the operator, which was James Bay Columbium,” he says. “When we contacted them they weren’t even aware they had the asset, because Mr. Stollery had passed away. We ended up contacting Barrick and talking with the right people, so it took a while.”

If Argor becomes a mine, the ore will be upgraded into a concentrate of 58% to 60% Nb2O5, Dufresne says. The concentrate would then be converted into ferro-niobium. (The niobium content in ferro-niobium is usually 66%.)

Dufresne joined MDN as CEO in 2014, and initially focused on the company’s Crevier niobium-tantalum project in Quebec. But the economics at the time didn’t justify spending more money on Crevier, and the company looked for other niobium projects.

Before MDN Dufresne spent over 13 years in sales, as well as marketing ferro-niobium produced by the Niobec mine.
olor=red]TO RESTATE BEGINNINGS:[/color]

HOW LONG BEFORE THE .05 CENT / .07CENT SHARES MACTH THE SHARE PRICE. THIS SEEMS TO GRANDIOSE, WHERE ON A ROAD THAT WILL TAKE TIME AND INVESTMENT, YET MUCH KNOWLEDGE.


If you are looking for unbiased, small-cap stock picks with specific buy and sell calls, AllPennyStocks.com Pro is the newest premiere newsletter for traders looking to make serious money. We pick the winners, you make the money. Click here to try it for free.

Symbol: Markets Detailed Quote Depth/LII Options Charts News Company Financials Insiders Filings Analyst Earnings Historical GO Symbol Lookup | Recent Quotes powered by
quotemedia.com

All Insiders Activity for Niobay Metals Inc. (NBY:CA)


$ 0.75 0.00 (0.00%) Volume: 168.1k 10:33 AM EST Dec 6, 2016

Name: All Bertoni, Carlos Bonneau, Jacques Branchaud, René David, Jean-Sébastien Dufresne, Claude Girard, Paul Armand Gobeil, Paul LaValliere, Robert Michaud, Claude Mitchell, Bruce Moreau, Dominique Savard, Serge William, Timothy Charles Transaction: All Types All Buys All Buys (exclude derivatives) All Sells All Sells (exclude derivatives) Acquisition by inheritance or disposition by bequest Acquisition or disposition (writing) of third party derivative Acquisition or disposition by gift Acquisition or disposition carried out privately Acquisition or disposition in the public market Acquisition or disposition pursuant to a take-over bid, merger or acquisition Acquisition or disposition under a prospectus Acquisition or disposition under a prospectus exemption Acquisition or disposition under a purchase/ownership plan Change in the nature of ownership Compensation for property Compensation for services Conversion or exchange Correction of information Exercise for cash Exercise of options Exercise of rights Exercise of third party derivative Exercise of warrants Expiration of options Expiration of rights Expiration of third party derivative Expiration of warrants Grant of options Grant of rights Grant of warrants Opening Balance-Initial SEDI Report Other Other settlement of third party derivative Redemption, retraction, cancellation, repurchase Short sale Stock dividend Stock split or consolidation

Date Name: Shares Transaction Value

06/14/16 Dufresne, Claude,
Director of Issuer 500,000 Grant of options at $0.07 - $0.07 per share. $35,000
06/14/16 Dufresne, Claude,
Director of Issuer 500,000 Grant of options at $0.07 - $0.07 per share. $35,000
07/14/14 Dufresne, Claude,
Director of Issuer 715,150 Acquisition or disposition carried out privately at $0.0699 - $0.0699 per share. $49,989
07/14/14 Dufresne, Claude,
Director of Issuer 533,350 Acquisition or disposition under a prospectus exemption at $0.075 - $0.075 per share. $40,001
07/14/14 Dufresne, Claude,
Director of Issuer 715,150 Acquisition or disposition under a prospectus exemption at $0.0699 - $0.0699 per share. $49,989
07/14/14 Dufresne, Claude,
Director of Issuer 715,150 Acquisition or disposition under a prospectus exemption at $0.0699 - $0.0699 per share. $49,989
07/14/14 Dufresne, Claude,
Director of Issuer 715,150 Acquisition or disposition carried out privately at $0.0699 - $0.0699 per share. $49,989
05/12/14 Dufresne, Claude,
Senior Officer of Issuer 700,000 Grant of options at $0.05 - $0.05 per share. $35,000
05/12/14 Dufresne, Claude,
Director of Issuer 700,000 Grant of options at $0.05 - $0.05 per share. $35,000
05/12/14 Dufresne, Claude,
Director of Issuer 700,000 Grant of options at $0.05 - $0.05 per share. $35,000
05/12/14 Dufresne, Claude,
Director of Issuer 700,000 Grant of options at $0.05 - $0.05 per share. $35,000
05/12/14 Dufresne, Claude,
Senior Officer of Issuer 700,000 Grant of options at $0.05 - $0.05 per share. $35,000
05/12/14 Dufresne, Claude,
Director of Issuer 700,000 Grant of options N/A
05/12/14 Dufresne, Claude,
Director of Issuer 700,000 Grant of options N/A


View Section 16 Filings (Forms 3,4,5) for NBY:CA Insider Summary For NBY:CA

Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated (View delay times for all exchanges). RT Real-Time, RTB Real-Time BATS BZX Price/Quote; not sourced from all markets, RTN Real-Time NASDAQ Price/Quote; not sourced from all markets, EOD End Of Day, PD Previous Day. H Halted, r Restriction started today, r Restriction carried over from prior day . Market Data powered by QuoteMedia. Insiders by Morningstar (USA) and SEDI(CDN). Terms of Use.

AFTER THIS READ:

NIOBAY METALS INC. (formerly MDN Inc.) MANAGEMENT’S DISCUSSION AND ANALYSIS – QUARTERLY HIGHLIGHTS FOR THE 3RD QUARTER ENDED SEPTEMBER 30, 2016
The following interim management’s discussion and analysis – quarterly highlights (“Interim MD&A”) of Niobay Metals Inc. (“Niobay Metals” or the “Company”) for the three months ended September 30, 2016 provides material information about the Company’s business activities during the interim period and updates disclosure previously provided in the Company’s management’s discussion and analysis for the year ended December 31, 2015 (“Annual MD&A”). This Interim MD&A should be read in conjunction with the Company’s unaudited condensed interim consolidated financial statements and related notes for the three and nine months ended September 30, 2016 (the “Interim Financial Statements”), the Company’s audited consolidated financial statements for the years ended December 31, 2015 and 2014 (the “Annual Financial Statements”), and the Company’s Annual MD&A, including the section describing risks and uncertainties.
The effective date of this Interim MD&A is November 24, 2016.
All financial results presented in this Interim MD&A are expressed in Canadian dollars unless otherwise indicated. The number of shares, warrants and stock options presented in this Interim MD&A have all been adjusted to reflect the impact of the one for five share consolidation described under Highlights for the Period.
NATURE OF OPERATIONS
Niobay Metals (formerly MDN Inc.) is a mineral resource company. The business of the Company consists of acquiring, exploring and evaluating mining properties. Niobay Metals has not yet determined whether its properties contain economically viable mineral deposits.
The Company’s efforts are focused on critical metals, with a specific interest for properties containing niobium. In June 2016, the Company completed the acquisition of a 100% interest in the James Bay niobium property (the “James Bay Niobium Project”), located in north-eastern Ontario. The Company also holds interests in properties located in Quebec (niobium and tantalum) and in Tanzania (gold). The Company’s common shares trade on the TSX Venture Exchange ("TSXV") under the symbol NBY.
HIGHLIGHTS FOR THE PERIOD
? On September 20, 2016, following receipt of shareholder approval at a special meeting of shareholders held on September 1, 2016 and subsequent approval by the Company’s board of directors of the filing of the applicable articles of amendment, the Company changed its name from MDN Inc. to Niobay Metals Inc. and proceeded with the consolidation of its common shares on the basis of one post-consolidation share for every five pre-consolidation

2
shares. All outstanding share purchase warrants and stock options were also adjusted to reflect the one for five share consolidation. The Company’s shares commenced trading on the TSXV on a post-consolidation basis and under the new name and ticker symbol “NBY” on September 21, 2016. As of the date of this Interim M&A, the Company has 31,141,501 common shares, 500,000 common share purchase warrants and 1,118,800 stock options issued and outstanding.
? On August 4, 2016, the Company completed a non-brokered private placement of 7,180,000 common shares at a price of $0.25 per share for gross proceeds of $1,795,000. All of the securities issued pursuant to the private placement are subject to a statutory hold period expiring on December 5, 2016. In connection with the private placement, the Company issued 500,000 compensation warrants exercisable into 500,000 common shares at an exercise price of $0.30 per share expiring on July 5, 2019.
? Following the acquisition of the James Bay Niobium Project, all of the historical data was brought to the Company’s head office and compilation is now well advanced. In parallel, a team of geologists is currently working on the core that was drilled in the 1960s by the previous owner, located in Moosonee, a town approximately 40 km north of the James Bay Niobium Project. The planned cleaning, relogging and re-assaying of historical drill core will be completed by the end of the year. The objective of the review of historical data and analysis of the drill core is to complete a geological re-interpretation and a validation of the assay results of the 1960s. These re-assays and re-interpretation will enable the geologists to design a drilling campaign that is tentatively scheduled to take place in early 2017. With the results of the drill campaign, the Company should be in a position to complete a resource estimate in accordance with NI 43-101 standards. This would then lead to the preparation of a preliminary economic assessment by the end of 2017. The geological work is being done under the direct supervision of Jacquelin Gauthier, P.Ing., P. Geo., Senior Technical Advisor to the Company.
? The Company has initiated communications with the various stakeholders impacted by the James Bay Niobium Project and an application with the Ontario Ministry of Northern Development and Mines for an exploration permit has been filed.
? The Company invested an amount of approximately $85,000 on the James Bay Niobium Project during the three months ended September 30, 2016, and such amounts were capitalized in accordance with the Company’s accounting policy. This investment consisted mostly of consulting fees related to the geological work described above.
? The Company incurred a net loss of $230,226 ($0.01 per share) for the 3rd quarter ended September 30, 2016 compared to a net income of $678 ($0.00 per share) during the comparative period in 2015.
JAMES BAY NIOBIUM PROPERTY (Ontario)
In June 2016, the Company completed the acquisition of the James Bay Niobium Project located in the James Bay Lowlands in northern Ontario. The acquisition of the James Bay Niobium property marked a significant milestone for the Company. The extensive knowledge of the Company’s management team in the niobium field led Niobay Metals to conclude that the James Bay Niobium Project is a strategic asset that has the potential to create the long term growth of

3
the Company and to become a major player in this critical metal production.
The James Bay Niobium Project was discovered in 1966 by James Bay Columbium Ltd. Historical estimates were established by exploratory and detailed drilling totalling over 14,000 meters in 85 holes, outlining the deposit to a maximum depth of 275 meters. The deposit has been drilled off in sections of 61 meters intervals along a strike of 730 meters. An historical estimate of 62 million tonnes at 0.52% Nb2O5 was established in 1967 by Dr. P. Price of Bechtel and Company. An exploration shaft was sunk to investigate soil conditions and to provide a 250 tonnes bulk sample. Subsequent pilot plant operations demonstrated a good quality pyrochlore concentrate and a recovery rate of 78% was achieved. Historical estimates and historical pilot plant results led to the realization in 1969, by Bechtel Canada, of a feasibility study on the project.
The historical estimates, the historical feasibility and the historical metallurgical testing are based on data obtained by previous operators in the 1960s. Niobay Metals has not yet undertaken the work necessary to verify or classify those historical results. Economic studies completed in the 1960s do not mean the James Bay Niobium property would be found to be economic today. Niobay Metals is not treating the historical estimates as having been verified by a qualified person. The Company will have to perform studies to validate the historical estimates.
OTHER PROPERTIES
Crevier (Quebec) No work has been done on the Crevier property during the current period.
Ikungu and Ikungu East properties (Tanzania)
MDN Tanzania, the Company’s wholly-owned subsidiary, applied for the extension of prospecting licences on two of its permits, in April 2015 and in June 2016. The extension applications have not yet been approved. Although the Company believes that the extensions will be obtained, there is no assurance that such extensions will be granted to MDN Tanzania.
MDN Tanzania received notices of assessment in April and June 2016 in respect of withholding taxes, claiming an amount of approximately $300,000 plus accrued interest of approximately $600,000. Management of the Company believes that it has always paid its withholding taxes in accordance with local requirements and that the amounts claimed are unfounded. MDN Tanzania intends to vigorously defend its position with the Tanzanian tax authorities.
SUMMARY OF OPERATING RESULTS
The Company incurred a net loss of $230,226 during the three months ended September 30, 2016 compared to a net income of $678 in 2015. The loss during the current period included mostly $204,191 in management and administration expenses and $25,700 as write-down of an amount related to the Prairie Lake property, on which the option held by the Company had been terminated in early 2016. The income in 2015 was due to the realization of a gain of $638,414 on settlement of liabilities in Tanzania, partially offset by a write-down of exploration and evaluation assets of $490,675 related to the Samaqua property and management and administration expenses of $115,283.

4
Administrative expenses totalled $204,191 for the three months ended September 30, 2016 compared to $115,283 in 2015. Expenses in 2016 include $50,000 as a retirement allowance to the Company’s former CFO and higher investor relations and travel expenses related mostly to the August 2016 private placement of $1,795,000.
LIQUIDITY AND FINANCIAL POSITION
At September 30, 2016, the Company’s cash position amounted to $1,464,600 compared to $319,343 at December 31, 2015. On August 4, 2016, the Company completed a non-brokered private placement for a total amount of $1,795,000. Proceeds from the private placement are being used on the work program on the James Bay Niobium Project, and for working capital purposes. However, management estimates that it will require additional funds to meet all of its exploration and development activities related to the James Bay Niobium Project and to provide for management and administration expenses for at least the next 12 months. Such funding requirements may be met in the future in a number of ways, including the issuance of additional securities or other arrangements.
While management has been successful in securing financing in the past, there can be no guarantee that it will be able to do so in the future or that these sources of funding or initiatives will be available to the Company or that they will be available on terms which are acceptable to the Company. If management is unable to obtain new funding, the Company may be required to reduce the scope of, or eliminate future exploration and development activities, any of which could have a negative impact on the business, financial condition and results of operation of the Company.
Operating activities
For the nine months ended September 30, 2016, cash flows used in operating activities amounted to $349,938 compared to cash flows from operating activities of $26,401 in 2015. This decrease is mainly due to the change in non-cash working capital items of $106,936 compared to $472,003 in 2015. In 2015, the Company had received an amount of approximately $511,000 from the Tanzania Revenue Agency for the refund of sales taxes paid by the Company in prior years. In 2016, the Company received from XINYE a net amount of $96,878 (US$75,000) as a reimbursement of legal and other expenses related to the September 2015 Heads of Agreement on the assets in Tanzania, which was subsequently terminated. Financing activities
On August 4, 2016, the Company completed a non-brokered private placement through the issuance of 7,180,000 common shares at a price of $0.25 per share for proceeds of $1,795,000. Share issue expenses paid totaled $156,006 and included mostly legal, consulting and regulatory expenses.
Investing activities
For the nine months ended September 30, 2016, the cash inflows related to investing activities amounted to $97,953 compared to cash outflows of $122,018 in 2015. In 2016, the Company disposed of an investment of $250,000 compared to $400,000 in 2015. Additions to exploration and evaluation assets of $149,947 in 2016 included cash expenses of $49,945 related to the

5
acquisition of the James Bay Niobium Project, $84,986 related to exploration and evaluation expenditures of the James Bay Niobium Project, $28,350 related to maintaining the assets in Tanzania in good standing and the application of an extension to the prospecting licences of one of the permits held and $57,910 in claims-related expenses of the Prairie Lake and Crevier properties. Additions to exploration and evaluation assets of $522,018 in 2015 related principally to the Samaqua project in Quebec.
RELATED PARTY TRANSACTIONS
The remuneration awarded to key management personnel, including directors, the Chief Executive Officer and the Chief Financial Officer, during the three months ended September 30, 2016 totaled $33,223 ($53,970 during the comparative period in 2015).
A company controlled by the CEO of the Company invoiced $12,100 during the three months ended September 30, 2016 for the services of a financial analyst ($6,410 in 2015), and invoiced $8,500 for the rental of office space ($8,250 in 2015).
RISKS AND UNCERTAINTIES
Reference is made to the description of risks and uncertainties included in the MD&A for the year ended December 31, 2015.
QUALIFIED PERSON
Jacquelin Gauthier, P.Ing., P. Geo., a Qualified Person under NI 43-101, has reviewed and approved all of the technical information in this Interim MD&A. Mr. Gauthier is a senior technical consultant to the Company.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This Interim MD&A contains certain forward-looking statements as defined in applicable securities laws (referred to herein as "forward-looking statements"). Specifically, this Interim MD&A includes forward-looking statements regarding the Company’s strategic plans and objectives to create long term growth and to become a major player in the production of niobium; the timing, completion and results of planned exploration and drilling programs, planned resource estimate and planned preliminary economic assessment; future financial results and future financings. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements.
Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, changes and volatility of metal prices and equity markets, the uncertainties involved in interpreting geological data and estimating mineral resources, changes or delays in exploration plans, the results of exploration programs, risks related to the receipt of regulatory and governmental permits and approvals, the timing and results of consultations with the aboriginal partners, increases in costs, changes in environmental legislation and regulation, general economic conditions and mining industry risks, as well as other risk factors discussed in this

6

UTMOST IMPORTANCE, ROADS & RR.
https://nomts.ca/discussion-paper/#Ch5

Need time lines:
www.niobaymetals.com/wp/wp-content/uploads/2016/06/MDN_Corporate-Presentation_June-20160617.pdf

SAD TO THING A NIOBIUM COMPANY'S STOCK CAN GROW WITHOUT A DATED PLANNER OF CONSTRUCTION TO MAKING THE POSSIBLITY A MINE CAN HAPPEN? ITS WINTER WHERE THIS SO CALLED PROGRESS IS TO HAPPEN, SO OUR STOCK PRICE WILL GO THRU A FREE FALL? NEEDED, PLANNER, PHOTOS, COMMUICATIONS.

MORE ON THR SALE OF NIOBUIM PROPERTY (SRSR)

http://www.niotechcorp.com/index.php/blog/19-joomla/82-igex-announces-acquisition-of-the-nemegosenda-project

Nio Tech Corp is an early stage mining development company based in the United States with the ultimate goal of becoming one of the few strategic suppliers of Niobium. Nio Tech Corp is actively engaged in the exploration and development of its Nemegosenda property, located 35 miles from Chapleau, Ontario. First explored in the 1950s, modern exploration techniques have verified that the Nemegosenda property contains significant niobium mineralization throughout its 9000 acres of easily accessible land. In a climate of growing demand for niobium and diversity of suppliers, Nio Tech plans to develop this wholly-owned deposit into a truly world-class resource.
To increase weldability and tensile strength in steel, additions of niobium are added to the alloy.

Niobium is used extensively in the aerospace industry because of its high temperature resistance.

Niobium is a soft, greyish, ductile transition metal.
There are many commercial uses for Niobium, among
them, high strength, low alloy steels (HSLA).

Latest News
IGEX Announces acquisition of the Nemegosenda Project
Sarissa announces the sale of the Nemegosenda Project
Specialty metals and Rare Earth elements are the building blocks of a modern society and, while we may not realize it, many of them feature prominently in our lives. Niobium is no exception. The United States and most developed countries have included Niobium in the list of critical metals as the play an important role in national security. Niobium is used in gas pipelines, building construction, bridge construction, automotive manufacturing, aerospace and ever-growing uses in the electronics we use every day.

Just $9 of Niobium used in the construction of a car can reduce its weight by 100kg, a savings which can reduce fuel consumption by 5% which reduces emissions. **Source: World Steel Association

In August 2016, researchers at the University of Texas developed a new process which uses niobium oxide to turn ordinary windows into “smart windows,” glass which can change properties (e.g. transparent to opaque) at the touch of a button. In the coming years, such uses for Niobium are undoubtedly going to increase, and that means demand for this specialty metal is going to continue to increase. **Source: University of Texas at Austin, August 22, 2016
During the 1950s and 1960s, the USGS flew over North America and used airborne magnetometers to find anomalies in the Earth's magnetic field that could signify big rare earth deposits. Since then, mining companies have taken it upon themselves to confirm the presence of these deposits. Nio Tech Corp’s wholly-owned Nemegosenda property is one of these rare earth deposits. Consequently, Nio Tech Corp is positioned to enter the marketplace as the first additional supplier of Niobium in over 40 years.
Some rare earth metals are actually quite commonplace, but Niobium is a metal which is scarce in North America. Most of the existing deposits are located deep underground, thereby significantly reducing their economic viability. In contrast, the Nemegosenda property is located in mining-friendly Ontario; easily accessible to highways, railways and power, and perhaps the most important of all, the deposit of Niobium is very close to the surface.
About NioTech
Nio Tech Corp is an early stage mining development company based in the United States with the ultimate goal of becoming one of the few strategic suppliers of Niobium.
Latest News
IGEX Announces acquisition of the Nemegosenda Project
13 October 2016

Sarissa announces the sale of the Nemegosenda Project
13 October 2016

© 2016 Niobium Technology Corporation. All Rights Reserved. Designed By JJM Designs

DIRECTORS SOLD EVERTHING... SEARCH "NIOBIUM OCT 2016"
OTC: IGEX

THIS HAS HAPPEN IN OCT 2016? NIOBIUM

Sarissa Announces the Sale of the Nemegosenda Specialty Metals and Rare Earth Project in Ontario, Canada



TORONTO, ON / ACCESSWIRE / October 13, 2016 / Sarissa Resources Inc. (OTC: SRSR) (Sarissa or the Company), announces the sale of the Nemegosenda specialty metals and rare earth project from Nio-Star Corporation, a Canadian subsidiary of Sarissa, to Indo Global Exchange(s) Pte, Ltd. (OTC: IGEX) (Indo Global).

Under the terms of the sale, the Indo Global will file a Form S-1 to facilitate a distribution of shares so that post-split, 95% of the Indo Global shares shall be held by existing Sarissa shareholders as of the record date, and 5% will be held by existing Indo Global shareholders. Sarissa shareholders will receive 1 new share of Indo Global for every 20 Sarissa shares held on the date of record. Indo Global intends to file for a name change to Niobium Technology Corporation, a symbol change to NBTC, and for a 12,500:1 reverse split, for approval by the Financial Industry Regulatory Authority, Inc. (FINRA).

Indo Global will own, outright, the Nemegosenda property an approximately 1,800-acre property located near Chapeau, Ontario. Exploration and geological work has been completed by Dominion Gulf Company in the late 1950s and early 1960s, by Eastmaque Gold Mines/International Musto in the 1980s and more recently by Sarissa Resources Inc. In total, diamond drilling of 84 holes totaling over 15,500 meters has been completed. A historic estimate was prepared by G.E. Red Parsons for Dominion Gulf Company that indicated for the D Zone “20,000,000 tons of 0.47 percent Nb2O5 material in a block 600 by 800 feet in size and to depths up to 600 feet,” based on Gulf’s drilling and a 580 foot adit which penetrated 235 feet into the zone. A 36-tonne bulk sample was extracted and subsequently was used by the Colorado School of Mines Research Institute in a pilot plant where niobium extraction from the ore was consistently achieved at an 85% to 90% level. An Economic Analysis of the project was completed in 1962 by B.J. Lerner for Dominion Gulf Company, which demonstrated the projects projected feasibility at that time.

The historical resources estimate, the historical feasibility, and the historical metallurgical testing are based on data obtained by previous owners in the 1960s. A qualified person, as defined under NI-43-101, has not done sufficient work to comment on the relevance or reliability of this historical estimate. The Company is not treating the historical estimate as, nor can the historical estimates be relied upon, as verification of current mineral resources or reserves.

Niobium, also known as columbium, is a rare metal primarily obtained from pyrochlore; a mineral found occurring in carbonatites. Well known for its use in steel alloys to add corrosion resistance and maintain high conductive properties, niobium’s melting point of 2,468C enables the metals alloys to maintain their qualities at very high temperatures. Approximately 89% of worldwide niobium consumption is dedicated to the production of steel; while 9% is used in the production of “super alloys” and the final 2% is used in the development of superconductor applications within the technology, electronics, and medical industries.

John O’Shea, Director of Indo Global, commented, “We are very excited to have been able to acquire the Nemegosenda Project.” Mr. O’Shea added “The landscape for niobium is rapidly changing, demand is strong and its uses continue to grow. According to industry sources, global demand for niobium is expected to grow at a compound annual growth rate of 7% through 2020. With only 3 significant existing producers in the world, all of which have recently completed full or partial acquisition by Chinese interests, there is a growing concern about diversity of supply.”

Dan Byrnes, President, stated, “This is the completion of a major step in the restructuring of the project, which will enable the necessary capital to be raised and permit the project to move forward along the path to developing a mine.” Mr. Byrnes added “The Nemegosenda project is uniquely suited to fill a growing need in the diversity of supply for niobium. The combination of a significant historical record of geological work completed, the inherent lower costs to mine a surface deposit, the location in a mining friendly jurisdiction close to all of the necessary infrastructure required for production and the use state-of-the-art separation and refining technology to produce a mix of both traditional and high-tech useful niobium and zirconium products, provides the newly named Niobium Technology Corporation with an exceptional opportunity.”

Otto Pichler, Director, said, “I am looking forward to the opportunity to join Niobium Technology Corporation and work to move the Nemegosenda project forward. Having the project in a revitalized reporting public company will allow for greater transparency for investors. The opportunities for niobium and zirconium production as well as other payables in this deposit are substantial. Our plans are to assemble a world class team that is suitable to develop this world-class deposit.”

About Sarissa Resources Inc.

Sarissa Resources Inc. is a mining development company with interests in properties in Northern Ontario, Canada. Sarissa and Nio-Star are specifically focused on the development of the Nemegosenda niobium project as well as the Shining Tree Resources Corp. gold project. Visit www.sarissaresources.ca for additional information.

For further information contact:

Sarissa Resources Inc.
Telephone: +1-702-550-2347
Email: ir@niocorp.com

Forward-Looking Statements: Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as plans, anticipates, expects, believes or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the for

STORY:


Irregulars Quick Take
Paid members get a quick summary of the stocks teased and our thoughts here. Join as a Stock Gumshoe Irregular today (already a member? Log in)
There’s nothing like a nice, mysterious teaser pitch to greet you upon a return from vacation — I’ve been traveling for ten days or so, returned to the frozen north feeling perhaps slightly grumpy about sitting at my desk instead of at the beach…




… but this morning I saw the spiel about Chuck de Castro’s new pitch for an unnamed rare metal (and, as usual, the “tiny company” that will soon be producing it), and it put a smile right back on my face. Ahh, it’s good to have a mission!

So what’s the deal? De Castro, who edits the Penny Mining Speculator, says he just opened up 200 spots in his newsletter for discriminating investors like you and I for the low, low price of just $1,000. Yippee! That’s a discount from the $5,000 “regular” price, naturally, since pretty much every pitch for every newsletter offers a discount off of the “retail” price (though to be fair, that is a lower price than they offered last time I looked at the newsletter — I think they were pitching it for $1,500-2,000 a year or so last time around, though that’s no surprise given how little enthusiasm there is for mining stocks these days).

And, yes, it’s all about some special metal. Mysterious! Here’s how the pitch begins:


“Just $9 of this rare metal can cut the weight of a car by 220 pounds (vastly increasing gas mileage)

“Few people have ever heard of it, but it’s critical to American economic and national security.

“The US is completely dependent on imports, because there are only 3 mines that produce this metal — all in foreign countries.

“The youngest mine is 37 years old, and getting long in the tooth.

“Now a tiny company is developing a new giant mine that will bust the foreign monopoly and supply the US with 7,500 tonnes of this rare metal every year.”

Good story, right? So what is this?

First, let’s figure out which metal he’s talking about — secret number one.


“This rare metal is also essential for oil and gas pipelines, because tiny amounts of it greatly strengthen steel and enable it to withstand extreme pressures and temperatures.

“No modern refinery or petrochemical plant can be built without it. It’s critical for making super alloys necessary for jets and rocket engines.

“Because this rare metal hardens steel, it’s also essential for tall buildings, railroad tracks, and bridges. Beijing, for instance, recently mandated new building codes that require stronger steel to make Chinese buildings and bridges earthquake proof….

“The consumption of this metal has almost quadrupled in the last decade. Going forward, industry expectations are for usage to double in the next two years.

“Meanwhile, supplies are skimpy, because there are only three mines in the whole world that produce it.”

So what’s the metal? The Mighty, Mighty Thinkolator comes out of hibernation to tell us that de Castro is teasing Niobium.

And from there, it’s a pretty short hop to the name of the company — here’s a bit more clueyness on that:


“This is the company that’s going to bust the monopoly of the foreign mines. It has $27.5 billion of the metal. The value of this rare metal is about 500 times the company’s market cap.

“Moreover, the CEO is buying shares in the company hand over fist. I love it when the CEO buys into a company that I’m recommending because nobody knows the company better than him.

“Once this mine goes into production, I expect it to be selling at a price/earnings ratio of less than 1. And we all know that no profitable company sells for a p/e of less than 1.

“I think this company will give you 3 to 5-fold profits by the end of 2015….”

So who is it? The Thinkolator needs to chug along for just a few seconds to tell us that de Castro is teasing … NioCorp Developments (NB on the Venture Exchange in Canada, NIOBF over the counter in the US).

NioCorp used to be called Quantum Rare Earth minerals, under which name it was a beneficiary of the crazy bubble in rare earth stocks a few years back, but now they’re focused on niobium — which is one of the metals often mined with rare earths, but isn’t nearly as rare or expensive as most of them (it’s about $45/kg and is used mostly in large quantities to alloy steel, some rare earth metals are well over $1,000/kg). They’re still talking up the same project they’ve been working on for years now (and which other miners, including Molycorp, have been drilling and exploring, off and on, for 40 years), but now the talk is niobium.

NioCorp explains what niobium is here on their website, talking up the strategic and irreplaceable importance (particularly for superalloys in aerospace, and for high-pressure alloys in pipelines — in other applications, like structural steel, there are apparently other viable options like molybdenum, but niobium is key for high pressure and a high melt point).

And if they’re actually producing it at the end of next year, I’ll be shocked. They are making some progress recently at moving the project forward toward the goal of a bankable feasibility study by the end of this year, with cash raised recently for a bit more drilling and some accelerated analysis, and they have a new CEO (from Molycorp) who has said the right things and bought shares in recent months (at 15 and 20 cents, so he got a better deal than you can get in the open market today at near 50 cents — the stock has spiked up this year, including a double in just the last few weeks)… so the optimism and the new management has everyone pretty excited.

Will it last? I have no idea. Most reports indicate that the rural area where their leases are is hungry for some development, so they may be able to get through permitting — I have no idea what the holdup has been over the many years that this site has been known. The company thinks their deposit holds $25+ billion worth of niobium, though the next move would likely be some kind of partnership or offtake deal if they’re going to actually build the mine themselves — they’re not going to come up with the several hundred million in capital costs on their own, I expect, so the feasibility study will be key at getting someone with deep pockets on board.

Beyond that, I know almost nothing about Niobium or NioCorp, other than the fact that IamGold is the smallest of the three Niobium producers with their Niobec mine in Quebec, and the only one in North America (the other two, both much larger, are in Brazil) — I don’t know if there are other new mines being planned or built. So if you’re one of the many folks who rode the rare earths rollercoaster a few years back and happen to be a Quantum Rare Earth expert, or have other thoughts to share on these folks and their Elk Creek project, well, I’m sure we’d all be delighted to hear from you, just use the friendly little comment box below.

COMPARE, MINING STOCKS:

BullishInvestor.com - Offering Free U.S. and Canadian technical analysis charts, bullish / bearish ratings and stock screening tools for over 15,000 stocks utilizing technical analysis techniques such as candlestick charting, technical analysis indicators as well as volume and trend analysis.

Markets

Quote

Depth/LII

Options

Charts

News

Company

Financials

Insiders

Filings

Analyst

Earnings

Historical



Market· Indices· Movers· World· Rates


Symbol: Markets Detailed Quote Depth/LII Options Charts News Company Financials Insiders Filings Analyst Earnings Historical GO Symbol Lookup | Recent Quotes powered by
quotemedia.com

Metals & Mining


5-Day Comparative
Time: Intraday 5 Days 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years







Industry Peers - Select up to 8 symbols to compare
Top 50 peers Top 100 peers All peers





Company

Symbol

Last

Chg

% Chg

Open

High

Low

Vol

Mkt Cap


Niobay Metals Inc. NBY:CA 0.74 -0.04 -5.13% 0.75 0.75 0.72 67.50k 23.06m
Barrick Gold Corporation ABX:CA 20.04 -0.71 -3.42% 20.40 20.44 19.88 1.17m 23.36b
Teck Resources Limited Class B Subordinate Voting Shares TCK.B:CA 34.16 0.33 0.98% 34.48 34.81 34.10 1.41m 19.37b
Goldcorp Inc. G:CA 17.45 -0.60 -3.32% 17.80 17.80 17.35 659.82k 14.90b
iShares S&P 500 Growth IVW 121.26 -0.38 -0.31% 121.87 121.87 121.26 84.94k 14.61b
Franco-Nevada Corporation FNV:CA 78.19 -1.36 -1.71% 78.92 78.92 77.76 120.73k 13.94b
Agnico Eagle Mines Limited AEM:CA 55.03 -1.34 -2.38% 55.48 55.54 54.48 172.49k 12.40b
Silver Wheaton Corp. SLW:CA 24.36 -0.74 -2.95% 24.79 24.87 24.30 290.28k 10.75b
First Quantum Minerals Ltd. FM:CA 14.98 0.38 2.60% 15.02 15.35 14.98 1.11m 10.33b
Turquoise Hill Resources Ltd. TRQ:CA 4.58 -0.03 -0.65% 4.64 4.69 4.58 290.89k 9.22b
Kinross Gold Corporation K:CA 4.41 -0.11 -2.43% 4.45 4.47 4.39 780.59k 5.49b
Cameco Corporation CCO:CA 12.33 0.13 1.07% 12.31 12.44 12.27 304.68k 4.88b
Lundin Mining Corporation LUN:CA 6.61 0.02 0.30% 6.71 6.73 6.60 582.38k 4.76b
Tahoe Resources Inc. THO:CA 12.69 -0.12 -0.90% 12.66 12.69 12.51 153.98k 3.95b
Yamana Gold Inc. YRI:CA 3.95 -0.06 -1.50% 3.98 3.99 3.92 1.28m 3.74b
Pan American Silver Corp. PAA:CA 22.60 -0.33 -1.44% 22.72 22.86 22.55 62.08k 3.44b
B2Gold Corp. BTO:CA 3.24 -0.08 -2.41% 3.28 3.28 3.21 1.31m 3.10b
Detour Gold Corporation DGC:CA 17.30 -0.63 -3.51% 17.33 17.53 17.13 385.51k 3.02b
Eldorado Gold Corporation ELD:CA 3.58 -0.05 -1.38% 3.60 3.60 3.55 480.83k 2.57b
Centamin plc Ordinary Shares CEE:CA 2.21 0.01 0.45% 2.21 2.21 2.21 2.40k 2.55b
New Gold Inc. NGD:CA 4.85 -0.11 -2.22% 4.92 4.94 4.82 304.26k 2.49b
Alamos Gold Inc. AGI:CA 8.70 -0.13 -1.47% 8.81 8.81 8.47 137.81k 2.32b
OceanaGold Corporation OGC:CA 3.74 -0.13 -3.36% 3.85 3.85 3.72 304.97k 2.29b
IAMGOLD Corporation IMG:CA 4.94 -0.11 -2.18% 5.00 5.00 4.92 704.63k 2.23b
HudBay Minerals Inc. HBM:CA 9.13 0.15 1.67% 9.00 9.34 9.00 449.14k 2.16b
Pretium Resources Inc. PVG:CA 11.67 -0.12 -1.02% 11.64 11.77 11.59 91.05k 2.10b
Centerra Gold Inc. CG:CA 6.97 -0.13 -1.83% 7.03 7.04 6.92 113.90k 2.03b
NovaGold Resources Inc. NG:CA 6.10 -0.08 -1.29% 6.09 6.13 6.03 65.82k 1.95b
First Majestic Silver Corp. FR:CA 11.66 -0.27 -2.26% 11.85 11.89 11.53 277.89k 1.92b
Endeavour Mining Corporation Ordinary Shares EDV:CA 20.14 -0.24 -1.18% 20.04 20.15 19.82 28.25k 1.88b
Ivanhoe Mines Ltd. IVN:CA 2.40 -0.02 -0.83% 2.40 2.42 2.38 384.31k 1.87b
Torex Gold Resources Inc. TXG:CA 19.86 -0.97 -4.66% 20.63 20.76 19.84 127.12k 1.58b
ProShares Ultra S&P500 SSO 73.90 0.17 0.23% 74.20 74.32 73.85 664.46k 1.58b
Silver Standard Resources Inc. SSO:CA 13.18 -0.21 -1.57% 13.35 13.40 13.13 108.41k 1.57b
Osisko Gold Royalties Ltd OR:CA 13.18 -0.05 -0.38% 13.12 13.25 12.96 79.26k 1.41b
MAG Silver Corp. MAG:CA 16.95 -0.39 -2.25% 17.25 17.31 16.85 36.61k 1.37b
Semafo Inc. SMF:CA 4.09 0.02 0.49% 4.01 4.11 4.01 509.04k 1.33b
TMAC Resources Inc. TMR:CA 15.88 -0.32 -1.98% 15.84 15.88 15.84 2.65k 1.32b
Nevsun Resources Ltd. NSU:CA 4.30 0.06 1.42% 4.27 4.33 4.25 69.37k 1.29b
Lucara Diamond Corp. LUC:CA 3.34 -0.03 -0.89% 3.37 3.38 3.34 49.45k 1.28b
Fortuna Silver Mines Inc. FVI:CA 8.21 -0.15 -1.79% 8.35 8.35 8.16 74.53k 1.20b
China Gold International Resources Corp. Ltd. CGG:CA 2.85 0.01 0.18% 2.83 2.88 2.81 38.07k 1.13b
McEwen Mining Inc. MUX:CA 3.66 -0.08 -2.14% 3.69 3.71 3.64 128.23k 1.10b
Dominion Diamond Corporation DDC:CA 12.79 0.09 0.71% 12.70 12.84 12.67 17.04k 1.07b
Eaton Vance Tax-Advantaged Global Dividend Income Fund of Beneficial Interest ETG 13.99 0.00 0.01% 14.01 14.05 13.98 58.82k 1.07b
Mountain Province Diamonds Inc. MPV:CA 6.64 -0.04 -0.60% 6.66 6.66 6.63 14.06k 1.06b
Asanko Gold Inc. AKG:CA 4.87 -0.06 -1.22% 4.91 4.91 4.82 196.19k 982.91m
Klondex Mines Ltd. KDX:CA 6.51 -0.06 -0.84% 6.57 6.57 6.41 125.19k 971.32m
Orocobre Limited Ordinary Shares ORL:CA 4.47 0.08 1.82% 4.41 4.55 4.41 9.08k 936.38m
Guyana Goldfields Inc. GUY:CA 5.41 -0.10 -1.73% 5.46 5.51 5.34 126.85k 923.34m
Kirkland Lake Gold Inc. KLG:CA 7.44 -0.13 -1.72% 7.49 7.58 7.42 104.00k 874.22m