Moose Cree First Nation , and Niobay Metals Inc. are pleased to announce that they have signed a Protection Agreement . The PA allows NioBay to proceed with its planned winter 2020 drilling program at the James Bay Niobium Project site. This PA provide a framework for beginning to build a mutually cooperative, respectful, and beneficial relationship between the Parties, including a mechanism for effective communication [...]
Niobay Metals Inc. is pleased to announce the closing of non-brokered private placement totaling $2.3 million, broken down as follows: 4,525,698 units at a price of $0.385 per FT Unit for proceeds of $1,724,394. Each FT Unit being comprised of one common share of NioBay, that will qualify as "flow-through shares" of the Income Tax Act ) and one half common share purchase warrant, each full warrant entitling its holder to [...]
Niobay Metals Inc. is pleased to provide an update of activities related to the Company’s niobium and tantalum project , the James Bay Niobium Project, in addition to a corporate update. James Bay Niobium Project The Company would like to announce that on December 16th, Moose Cree First Nation will be hosting an information session for its members on the progress made by MCFN and the Company on a Protection [...]
Niobay Metals Inc. is pleased to announce that the Moose Cree First Nation and a member of the MCFN community have sought from the Ontario Divisional Court an order dismissing the judicial review application they commenced in March 2019 against Ontario and the Company. On March 5, 2019, the Company had reported that MCFN and a member of the community had brought an application for a judicial review seeking to, among other [...]
Niobay Metals Inc. is pleased to provide an update of activities related to the niobium and tantalum Crevier project located on the Nitassinan traditional territory of the Pekuakamiulnatsh first nation in the Saguenay region, Quebec. Following the completion of an internal scoping study on the Crevier project and taking into account the recent increase in niobium and tantalum prices, the Company has decided to proceed [...]
Niobay Metals Inc. announces the results of its annual meeting of shareholders held on June 5, 2019. Shareholders holding a total of 19,699,124 common shares of the Company attended the AGM in person or were represented by proxy, representing over 43% of the 45,690,111 common shares issued and outstanding. Jacques Bonneau, Jean-Sébastien David, Claude Dufresne, Dawn Madahbee Leach, Raymond Legault and Serge Savard [...]
On January 30, 2019, Niobay Metals Inc. announced that the Ministry of Energy, Northern Development and Mines of Ontario had issued an exploration permit to NioBay for an exploration program at its James Bay Niobium Project. NioBay reports that the Moose Cree First Nation and a member of the MCFN has brought an application for judicial review seeking to, among other things, set aside the MENDM issued exploration permit [...]
Niobay Metals Inc. is pleased to announce that the Ministry of Energy, Northern Development and Mines of Ontario has issued the exploration permit for an upcoming exploration program at its James Bay Niobium Project. The MENDM has lifted the temporary hold that had been put in place on NioBay’s exploration application filed in October 2016. The exploration permit is subject to certain terms and conditions in order [...]
LONGUEUIL, Québec, Nov. 22, 2018 -- Niobay Metals Inc. is pleased to announce the appointment of Jacquelin Gauthier P.Geo. to the position of Vice President, Geology, effective immediately. Jacquelin Gauthier is a geologist with over 40 years of mining exploration and geology. He graduated from Université du Québec at Chicoutimi in applied science in 1975 . His experience includes senior positions [...]
MONTREAL, May 02, 2018 -- Niobay Metals Inc. is pleased to announce the appointment of Ms. Dawn Madahbee Leach to the Board of Directors of the Company. Dawn Madahbee Leach, General Manager of Waubetek Business Development Corporation since 1988, graduated from the University of Waterloo’s Economic Development Program and holds a degree in Political Science and Law from York and Laurentian Universities. Ms. Madahbee [...]
MONTREAL, April 27, 2018 -- Niobay Metals Inc. is pleased to announce the filing of its 2017 annual financial statements, the date of its AGM and the grant of stock options. Filing of the Company’s annual consolidated financial statements and MD&A Earlier today, Niobay has filed its audited consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2017 on SEDAR [...]
MONTREAL, March 28, 2018 -- Niobay Metals Inc. is pleased to report that it has closed its previously announced non-brokered private placement with Osisko Gold Royalties Ltd. raising $2,340,000 . Osisko purchased 9.0 million common shares of the Company at a price of $0.26 per share and now owns approximately 19.7% of Niobay’s issued and outstanding Shares. So long as Osisko holds not less than 10% of the then [...]
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