Niobay Metals (TSE:NBY) has released an update.
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NioBay Metals Inc. has successfully completed the second and final tranche of a private placement, raising an additional $304,520 through the sale of Quebec-eligible flow-through units. The overall placement amassed $616,520, which will fund critical mineral exploration in Quebec. Insiders participated in the placement, adhering to regulatory exemptions regarding related party transactions.
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