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NBY.V ·

NioBay Director Appointed Chair of the National Indigenous Economic Development Board

Management Changes

Press release

TSX-V: NBY

NioBay Director Appointed Chair of the National Indigenous Economic

Development Board

Montreal, Québec, May 26, 2021 – NioBay Metals Inc. ( "NioBay" or the "Company") (TSX-V: NBY)

(OTCQB: NBYCF), a company focused on E nvironmentally, Sustainable, Governance, and Indigenous

(ESGI) compatible metals exploration, development and deployment are pleased to congratulate the

Company’s colleague and Director, Dawn Madahbee Leach, for her appointment as the new chair of

the National Indi genous Economic Development Board (NIEDB). Canada's Indigenous Services

Minister Marc Miller recently made the appointment.

Ms. Madahbee Leach has been a valued member of the NioBay’s board for three years. Her experience

in business, commitment to economic reconciliation , and leadership in supporting Indigenous

inclusion in resource development have helped guide NioBay’s management.

Dawn Madahbee Leach is a member of the Aundeck Omni Kaning First Nation in northeastern Ontario.

Other board responsibilities include being a director with Peace Hills Trust. She was the first

Indigenous woman in Canada to lead a regional financial lending institutio n, serving as general

manager of the Waubetek Business Development Corporation since 1988.

"Dawn’s leadership at the board table provides us with diverse views and experiences and reminds us

all that we seek great local economic benefits within the mining sector. I value her participation with

NioBay and congratulate her as the new chair of NIEDB,” stated Serge Savard, Chair of the Board.

About NioBay Metals Inc.

NioBay will be a leader in the Environment, Sustainability, Governance and Indigenous inclusion

supporting the development of smart mine(s) with low carbon consumption and responsible water

and wildlife management practices. Critical to our success will be the consent and full participation of

the Indigenous communities in whose territories we operate. 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

Niobium and Tantalum project located in Quebec and the Nitassinan territory of the

Pekuakamiulnatsh First Nation and a 4 8% direct participation in mineral titles situated in the

Chibougamau region, Quebec, under a joint venture agreement with SOQUEM.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this

release.

FOR MORE INFORMATION, CONTACT:

NioBay Metals Inc.

Claude Dufresne, P.Eng.

President & CEO

Tel.: 514 866-6500

Email: [email protected]

www.niobaymetals.com

Paradox Public Relations

Tel: (514) 341-0408 or 1-866-460-0408

[email protected]