NioBay Metals Raises Funds for Quebec Exploration

Niobay Metals (TSE:NBY) has released an update.

NioBay Metals Inc. has successfully completed the first tranche of its private placement, raising $312,005 by selling Quebec-eligible flow-through units. The company plans to use the proceeds for exploration activities on the Foothills property in Quebec. Each unit sold includes one common share and a half warrant, with full warrants allowing the purchase of additional shares at a set price until 2026.

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