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Dawn Madahbee Leach Recipient of the 2023 Business Lifetime Achievement Award from Ccab

Metallurgy & Processing

Press release

TSX-V: NBY & OTCQB:NBYCF

DAWN MADAHBEE LEACH RECIPIENT OF THE 2023 BUSINESS LIFETIME

ACHIEVEMENT AWARD FROM CCAB

Montreal, Québec, February 8, 2023 – NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-

V: NBY) (OTCQB: NBYCF) is proud to announce that Dawn Madahbee Leach, a member of the

Company's board of directors, received the 2023 Business Lifetime Achievement Award from

the Canadian Council for Aboriginal Business (“CCAB”).

CCAB’s Business Lifetime Achievement Award is presented to a First Nations, Inuit, or Métis

person whose business leadership has made a substantive contribution to the economic and

social well- being of Indigenous people. It was the jury’s unanimous decision to recognize

Dawn Madahbee Leach, a respected international Indigenous business leader with CCAB’s

national award. Through her work with the National Indigenous Economic Development

Board, Asia-Pacific Economic Cooperation, and Organ ization for Economic Cooperation and

Development, she continues to be integral to Indigenous economic development in Canada.

NioBay’s board members and employees send their congratulations to Dawn Madahbee

Leach for her dedication in advancing economic development in Indigenous communities

across Canada.

About NioBay Metals Inc.

NioBay is a company focused on exploration, development and use of critical green metals

with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus . The

Company 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 N iobium and Tantalum project located in

Quebec and on the Nitassinan territory of the Pekuakamiulnatsh First Nation.

About Niobium

Niobium is a naturally occurring element. It is a readily available, reliable, soft metal that is

ductile, malleable and highly resistant to corrosion. Because it enhances properties and

functionalities, niobium is used in a wide range of materials and applications in the Mobility,

Structural and Energy sectors. Niobium transforms materials. When added to materials like

steel, glass and aluminum castings, niobium makes them smarter and lower environmental

impacts, while also delivering other b enefits like better performance, improved safety and

increased value.

FOR MORE INFORMATION, CONTACT:

NioBay Metals Inc.

Jean-Sébastien David, P.Geo., MPM

President & CEO

[email protected]

www.niobaymetals.com