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NBY.V ·

NioBay Metals Announces Corporate Changes

Corporate Updates

Press release

TSX-V: NBY OTCQB:NBYCF

NioBay Metals Announces Corporate Changes

Montreal, Québec, September 9, 2021 – NioBay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY)

(OTCQB: NBYCF), a company focused on exploration, development and use of critical green metals

with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus announced that Mr.

Claude Dufresne President & CEO will be leaving the Company on September 30, 2021 to pursue a

new venture in the up and coming and promising field of niobium batter y technology. Mr. Dufresne

will continue to be associated with NioBay as a consultant and member of the advisory board.

Current NioBay Director since 2014, Mr. Jean-Sebastien David, will replace Mr. Dufresne as President

& CEO. Mr. David was recently Chief Operating Officer of Arianne Phosphate Inc. He was instrumental

in advancing the Lac à Paul phosphate project, a fully permitted, best of breed project. Prior to joining

Arianne, Mr. David was Vice-President Sustainable Development at Osisko Mining Corporation (2007-

2012) where he was in fluential in obtaining authorization for construction and development of the

Canadian Malartic Mine. He earned his B.Sc. Ge ology and master’s degree in project management

from Université du Québec à Chicoutimi.

‘’Claude and his team brought one of the finest mining projects in Canada to NioBay (the James Bay

Niobium Project). Now he wants to focus on developing the utilisation of niobium in batteries, we can’t

really be disappointed with his decision. We are pleased to have him on the advisory board and getting

his commitment to promote the use of niobium as a green metal to decarbonize the economy’’ said

Mr. Serge Savard, Chair of NioBay.

Mr. Savard further comments on the nomination of Mr. David , ‘’We are pleased that Jean-Sebastien

will be joining NioBay as President & CEO. His current knowledge of the Company activities combined

with project development expertise and relationship with key stakeholders will be an asset in bringing

the James Bay Niobium Project to production.’’

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 hold s 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 Crev ier Niobium and T antalum project located in Quebec and on 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.

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

benefits like better performance, improved safety, and increased value.

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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, assum ptions, 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.

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 protected]

www.niobaymetals.com

Paradox Public Relations

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

[email protected]