Niobay Metals is pleased to announce that Osisko Gold Royalties a has agreed to purchase, by way of a private placement, 9.0 million common shares of the Company at a price of $0.26 per share for proceeds of $2,340,000. The Financing is expected to close on or about March 28, 2018, following which Osisko will own approximately 19.7% of [...]
Niobay Metals Inc. is pleased to announce that it has completed a non-brokered private placement of 814,075 flow-through shares at a price of $0.27 per FT Share and 2,890,909 common shares at a price of $0.22 per share for total proceeds of $855,800 . The proceeds will be used primarily to fund exploration and development costs of the Company's [...]
Niobay Metals Inc. is pleased to report an initial Mineral Resource estimate for its 100% owned James Bay Niobium Project located approximately 40 kilometers south of Moosonee, Northern Ontario, prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects . The Mineral Resource estimate was prepared [...]
Niobay Metals Inc. is pleased to announce the commencement of a diamond drilling campaign on the La Peltrie gold property located in Québec, on which Niobay can earn an interest of up to 65%. The La Peltrie property is currently wholly-owned by Midland Exploration Inc. . See press release of September 6, 2017 for details of the option [...]
MONTREAL, QUEBEC--(Marketwired - Sep 6, 2017) - Niobay Metals Inc. ("NioBay" or the "Company") (TSX VENTURE:NBY) is pleased to announce it has entered into an option agreement with Midland Exploration Inc. ("Midland") to acquire up to a 65% interest in its La Peltrie gold property. This project with strong gold potential is wholly owned by Midland [...]
MONTREAL, QUEBEC--(Marketwired - Jun 12, 2017) - Niobay Metals Inc. ("NioBay" or the "Company") (TSX VENTURE:NBY) has been informed by the Ministry of Northern Development and Mines of Ontario (''MNDM") that its application for an exploration permit on the James Bay Niobium project will remain on temporary hold for now. Despite a number of [...]
MONTREAL, QUEBEC--(Marketwired - May 10, 2017) - Niobay Metals Inc. ("NioBay" or the "Company") (TSX VENTURE:NBY) is pleased to provide initial metallurgical results from tests on drill core from a drilling program conducted in the 1960's at the James Bay Niobium Project near Moosonee, in northeastern Ontario. Initial Metallurgical results The [...]
MONTREAL, QUEBEC--(Marketwired - Apr 10, 2017) - Niobay Metals Inc. ("NioBay" or the "Company") (TSX VENTURE:NBY) is pleased to provide further results of the re-assaying program of drill core from a drilling program conducted in the 1960's at the James Bay Niobium Project near Moosonee, in northeastern Ontario. The re-assay results for the three [...]
MONTREAL, QUEBEC--(Marketwired - Mar 6, 2017) - Niobay Metals Inc. ("NioBay" or the "Company") (TSX VENTURE:NBY) is pleased to provide the first results of a re-assaying program to validate historical data at the James Bay Niobium Project near Moosonee, in northeastern Ontario. In the fall of 2016, a total of 12 historical drill holes were [...]
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 [...]
MONTREAL, QUEBEC--(Marketwired - Dec 20, 2016) - Niobay Metals Inc. (the "Company") (TSX VENTURE: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 [...]
MONTREAL, QUEBEC--(Marketwired - Dec 12, 2016) - Niobay Metals Inc. (the "Company") (TSX VENTURE:NBY) announces plans to complete 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"). Closing of the Offering is subject to [...]