NioBay Metals Signs Option Agreement to Acquire High-potential Titanium and Phosphate Properties
NioBay Metals Signs Option Agreement to Acquire High-potential Titanium and Phosphate Properties
The Option Agreement provides for the following terms and schedule:MONTREAL, Feb. 07, 2024 (GLOBE NEWSWIRE) -- NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF) is pleased to announce the execution of a definitive option agreement (the "Option Agreement", the "Option"), with Vior Inc. ("Vior") (TSX-V: VIO) (OTCQB: VIORF) to acquire an 80% undivided interest in Vior's Foothills Project (the "Project"), with strong potential for the discovery of critical and strategic metals.
2024年2月7日，NioBay Metals Inc.（"NioBay"或"公司"）（TSX-V：NBY）（OTCQB：NBYCF）非常榮幸地宣佈與Vior Inc.（"Vior"）（TSX-V：VIO）（OTCQB：VIORF）執行了一項明確的期權協議（"期權協議"，"期權"），以獲得Vior FooFoothills Project（"項目"）80％的不可分割權益，該項目有很強的發現重要和戰略金屬的潛力。
The Foothills Project is located north of St. Urbain, 100km north of Québec City and 90km south of Saguenay (La Baie area), Québec. The Project covers an area of approximately 285km2 and is comprised of 5 separate claims blocks. It covers most of the contact of the intrusive zone known as the St. Urbain anorthosite. This zone has demonstrated the presence of rutile-ilmenite with results up to 57% of titanium dioxide (TiO2), as well as apatite (Note: Vior referred to as phosphate). Of 139 outcrop samples collected, 67 contain P2O5 values of 4.0 to 6.3%, and boulder samples reveal some historic higher-grade mineralization of over 10% P2O5 (Sigeom, QC). See Vior Press Release, September 20, 2023.
Foothills項目位於魁北克省聖烏爾班以北，距離魁北克市100公里以及薩圭奈（La Baie地區）90公里。該項目佔地面積約285km2 ，由5個獨立的權利塊組成。它覆蓋了被稱爲St. Urbain斜長巖的侵入帶的大部分接觸。該區域已經證明了金紅石-鈦鐵礦的存在，二氧化鈦（TiO的含量高達57％2），以及磷灰石（注：Vior稱之爲磷酸鹽）。共收集了139個露頭樣品，其中67個含有磷2O5 4.0%至6.3%的數值，而巨石樣品顯示一些歷史上更高品位的礦化達到10%以上的磷2O5 （Sigeom, QC）見Vior新聞稿，2023年9月20日
A word from the President & CEO, Jean-Sebastien David
"With this Option Agreement, we are delighted to add the Foothills Project to our portfolio of projects. The areas of interest are mainly located on Séminaire de Québec property. This project strengthens our "green" portfolio by adding two important elements in the decarbonization of our economy: titanium and phosphate," stated Jean-Sébastien David, President and CEO of NioBay. "The results obtained previously by Vior, and particularly during their 2023 work, caught our attention. Samples were taken with high phosphate content, an element newly added to Québec's list of critical and strategic metals. Our objective is clear: to find a homogeneous zone, supported by a resource calculation, and thus prove the mineral potential of this sector. We look forward to returning to the field and continuing Vior's work," added Mr. David.
總裁兼CEO讓-塞巴斯蒂安·大衛發表的一席話
"通過此期權協議，我們很高興將Foothills項目添加到我們的項目組合中。感興趣的地區主要位於魁北克專場地產上。該項目通過添加鈦和磷酸鹽兩個重要元素，加強了我們的"綠色"項目組合，推動經濟脫碳，"尼奧貝公司總裁兼首席執行官讓-塞巴斯蒂安·大衛表示。"我們對Vior公司先前取得的成果，尤其是在他們2023年的工作中，印象深刻。樣品中含有高磷酸鹽含量，這是新添加到魁北克關鍵戰略金屬清單上的元素。我們的目標是清晰的：找到一個均質的區域，並進行資源計算，從而證明該領域的礦產潛力。我們期待返回現場，繼續Vior的工作，" 大衛先生補充道。
The Option Agreement provides for the following terms and schedule:
期權協議規定了以下條款和時間表：
| Period | Cash Payments | Share Payments | Minimum Work Expenditures |
|
| Closing Date | $40,000 | 1,250,000 NioBay shares | N/A | |
| December 31, 2024 | $40,000 | 1 250 000 NioBay shares | $400,000 | |
| December 31, 2025 | $60,000 | $150,000(*) in NioBay shares, subject to a minimum of 1,000,000 NioBay shares | $1,100,000 | |
| December 31, 2026 | $60,000 | $250,000(*) in NioBay shares, subject to a minimum of 1,000,000 NioBay shares. | - | |
| December 31, 2027 | $200,000 | $500,000(*) in NioBay shares, subject to a minimum of 1,000,000 NioBay shares | $2,500,000 | |
| 時期 | 現金支付 | 股份支付 | 最小工作 支出 |
|
| 結束日期。 | $40,000 | 1,250,000 NioBay股份 | 無數據 | |
| 2024年12月31日 | $40,000 | 1,250,000 NioBay股份 | $400,000 | |
| 2025年12月31日 | 60000美元 | $150,000(*) 至少1,000,000 NioBay股份，視情況而定 | $1,100,000 | |
| 2026年12月31日 | 60000美元 | $250,000(*) 在NioBay股份中分享，最少1,000,000 NioBay股份。 | - | |
| 2027年12月31日 | $200,000 | 500,000美元(*) 購買NioBay股票，最低需購買1,000,000股NioBay股票 | $2,500,000 | |
| Notes: | |||
| (1) | All referenced dollar amounts are stated in Canadian Dollars. | ||
| (*) | Installments will be payable in NioBay shares at a price per share equal to a 10-day VWAP, subject to a minimum issue price of $0.055 per NioBay share. | ||
| 注意： | |||
| (1) | 所有提及的金額均以加元表示。 | ||
| (*) | 分期付款將以NioBay股票支付，每股價格相當於10日成交量加權平均價格，最低發行價格爲每股0.055加元。 | ||
NioBay can accelerate the vesting period of this 80% undivided interest by incurring expenditures, making cash payments and making share-based payments at any time before December 31, 2027. NioBay will act as operator during the Option period.
NioBay可以通過發生支出、進行現金支付和進行基於股份的支付在2027年12月31日之前的任何時候加速此80%不可分割權益的歸屬期。在期權期間，NioBay將充當運營商。
The operative date for a contractual joint venture between Niobay and Vior (the "Joint Venture") will be the date on which the Option will be completed. The Option Agreement provides that once one party's interest in the Foothills Project and/or the Joint Venture falls below 10%, this interest will transferred to the other party and converted into a 1.5% NSR (Net Smelter Return) on precious and base metals and a 1.5% GRR (Gross Revenue Royalty) on mineral substances other than precious or base metals), with a 0.5% NSR/0.5% GRR being collectively redeemable for an aggregate amount of $1,500,000.
Niobay與Vior之間的合同聯營（"合資企業"）的生效日期將是完成期權的日期。 期權協議規定，一旦一方對位於山麓項目和/或合資企業的利益低於10％，該利益將轉讓給另一方，並轉換爲貴金屬和基本金屬的1.5％NSR（淨冶煉回報），以及礦物質除貴金屬或基本金屬以外）的1.5％GRR（總收入版稅），0.5％NSR/0.5％GRR共同可贖回爲總金額爲150萬美元。
Vior and NioBay deal at arm's length and no finders fees will be payable in connection with this transaction. The Option Agreement is subject to the approval of the TSX Venture Exchange.
Vior和NioBay之間的交易屬於星火集團公司，與此交易無需支付中介費。 期權協議需獲得tsx創業公司的批准。
Qualified Person
This press release has been reviewed and approved by Jean-Sébastien David, P.Geo., a qualified person under National Instrument 43-101. Mr. David is President and CEO of NioBay.
合格人士
本新聞稿已由加拿大國家43-101號法規下的合格人員和NioBay的總裁兼首席執行官Jean-Sébastien David先生（P.Geo.）審查和批准。
About NioBay Metals Inc.
NioBay aims to become a leader in the development of mine(s) with low carbon consumption and responsible water and wildlife management practices while prioritizing the environment, social responsibility, good governance, and the inclusion of all stakeholders. Our top priority, which is critical to our success, is the consent and full participation of the Indigenous communities in whose territories and/or on ancestral lands we operate.
鈦(Ti)像鋼一樣堅固，但比鋼輕得多。因此，它作爲許多金屬的合金化劑尤其重要，包括鋁、鉬和鐵。這些合金主要用於飛機和航天器，因爲它們的密度低和耐受極端溫度的能力。它們也用於體育器材、筆記本電腦、自行車和醫療假肢。最近，這種金屬已被用於一些電池結構件。
NioBay旨在成爲礦產資源開發方面的領導者，同時優先處理環保、社會責任、良好治理和各利益相關者的問題，低碳消耗和負責任的水和野生動物管理實踐是我們最重要的工作，這對我們的成功至關重要，是我們在所經營的土地和/或祖傳領土上所需要的原住民社區的同意和全面參與。
In addition to others properties, NioBay holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project located in Québec and on the Nitassinan territory of the Pekuakamiulnuatsh First Nation.
除了其他資產外，NioBay還在安大略省的詹姆斯灣低地莫斯尼南部45公里處擁有詹姆斯灣鈮項目的100%權益，在莫斯克裏毛西族傳統領地內。NioBay還持有魁北克州Crevier鈮鉭項目72.5%的權益，該項目位於Pekuakamiulnuatsh第一民族的Nitassinan領土上。
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company's plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
聲明
本新聞稿中包含的某些陳述構成根據加拿大證券法的前瞻性信息，包括關於公司計劃的陳述。這些陳述是必須基於管理層在發表陳述的日期所持有的一些信念、假設和意見的，並且它們受制於許多風險和不確定性，這可能導致實際結果和未來事件與預期或預計的結果有所不同。除了法律規定的情況外，該公司無義務在管理層的信仰、估計或意見或其他因素髮生變化時更新這些前瞻性陳述。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX Venture交易所和其監管服務提供商（如該交易所的政策中所定義的）均不接受此新聞稿的充分性或準確性的責任。
FOR MORE INFORMATION, CONTACT:
更多信息，請聯繫：
NioBay Metals Inc.
Jean-Sebastien David, geo.
President & Chief Executive Officer
514-866-6500
jsdavid@niobaymetals.com
NioBay Metals Inc。- 目前的市值約爲2400萬美元（加元）。活躍的證券商包括Canaccord Genuity、National Bank Financial、TD Securities和Scotia Capital。
Jean-Sebastien David，geo。
董事長兼首席執行官
514-866-6500
jsdavid@niobaymetals.com
Kimberly Darlington
Investor Relations
kimberly@refinedsubstance.com
514-771-3398
Kimberly Darlington
投資者關係
kimberly@refinedsubstance.com
514-771-3398
