Signing of a cooperation agreement with the Pekuakamiulnuatsh Nation for the Crevier Project
Press release
Signing of a cooperation agreement
with the Pekuakamiulnuatsh Nation
for the Crevier Project
Mashteuiatsh, February 28, 2023 – NioBay Metals Inc. (“NioBay” or the “Company”) NioBay
Metals Inc. and Pekuakamiulnuatsh Takuhikan announce the signing of a cooperation
agreement for the advanced exploration and development of the Crevier Project.
The cooperation agreement signed today in Mashteuiatsh, in the presence of the Chief of the
Pekuakamiulnuatsh Nation, Gilbert Dominique and the President of Niobay and Crevier
Minerals, Jean-Sébastien David, aims to provide a framework for future work that will assist
in the development of the Crevier P roject. Members of the Katakuhimatsheta (council of
elected officials) of the Pekuakamiulnuatsh Nation and members of the board of directors of
Niobay and Crevier Minerals were also present on this occasion.
The Crevier Project is located approximately 53 km north of the municipality of Girardville on
the Nitassinan of the Pekuakamiulnuatsh Nation. This agreement follows advanced
prospecting work and a 4,000-metre drilling campaign carried out in 2022 with the objective
of determining the presence of niobium and tantalum.
“Today's cooperation agreement is a first formal gesture in relation to the exploration work
of the Crevier P roject that will take place on Nitassinan, our territory. It is this type of
cooperation that we wish to establish in the assertion of our ancestral rights, notably our
inherent right to self- determination, and our ancestral title, and we are satisfied that the
promoters were concerned about involving us upstream of this project, with the support of
our Economy and Strategic Partnerships Unit, ” emphasized the Chief of the
Pekuakamiulnuatsh Nation, Gilbert Dominique.
“It has always been clear to us that this project would be carried out in collaboration with the
Pekuakamiulnuatsh, without forgetting the stakeholders in this sector. This agreement will
allow us to maximize the benefits for the community while setting the course for future
work,” said Jean-Sébastien David, President and Chief Executive Officer.
“We are very excited a bout today's agreement and we are confident that our collaboration
will be a great success,” said Serge Savard, Chairman of the Board of Directors of NioBay.
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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 MCFN 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 on the Nitassinan territory of the Pekuakamiulnuatsh First Nation.
About the Pekuakamiulnuatsh Nation [www.mashteuiatsh.ca]
Pekuakamiulnuatsh Takuhikan is the political and administrative organization that represents
the Pekuakamiulnuatsh. The Pekuakamiulnuatsh Nation has 9,552 members, many of whom
live in the community of Mashteuiatsh, on the banks of the Pekuakami. Mashteuiatsh - which
means "Where there is a point" - is a historic meeting place.
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.
For more information, contact:
Jean-Sebastien David, geo.
President & CEO
NioBay Metals Inc.
Tel.: 514 866-6500
www.niobaymetals.com
Mélodie Lapointe
Pekuakamiulnuatsh Takuhikan
418 275-5386, poste 1245
www.mashteuiatsh.ca
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
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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.