Friday, June 05, 2020 11:11:37 AM
Montreal, June 5, 2020. NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) is pleased to announce
the appointment of Mr. Derek Teevan to the position of Vice President, Aboriginal & Governmental Affairs. Mr.
Teevan has over 20 years of experience in the mining industry, and previously held various C-Suite positions at
Detour Gold and De Beers Canada.
“We are thrilled that Derek has officially joined the growing NioBay team. Derek was instrumental in obtaining
the numerous environemental assessment and permits while also leading the engagement and negotiating the
agreements with Indigenous communities to allow the Victor Diamond Mine and the Detour Gold mine to
proceed. Derek brings to NioBay the unique experience of developing two mines with the same First Nations
impacted by the Company’s James Bay Niobium project. Strengthening the team with leaders who have built
projects in the area will lead us to success”, said Claude Dufresne, President & CEO of NioBay Metals Inc.
ANNUAL SHAREHOLDERS MEETING
The Company is pleased to announce the results of its annual meeting (“AGM”) of shareholders held on
June 4, 2020. Shareholders holding a total of 20,800,693 common shares of the Company attended the AGM in
person or were represented by proxy, representing over 40% of the 52,254,580 common shares issued and
outstanding.
Jacques Bonneau, Jean-Sébastien David, Claude Dufresne, Dawn Madahbee Leach, Raymond Legault and Serge
Savard were re-elected to the board of directors. The shareholders also re-appointed
PricewaterhouseCoopers, LLP as auditors for the ensuing financial year and re-approved the Company’s rolling
stock option plan.
GRANT OF STOCK OPTIONS
Following the AGM, the Company approved the grant of an aggregate of 905,000 incentive stock
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