Niobay Metals Inc. is pleased to announce the closing of non-brokered private placement totaling $2.3 million, broken down as follows: 4,525,698 units at a price of $0.385 per FT Unit for proceeds of $1,724,394. Each FT Unit being comprised of one common share of NioBay, that will qualify as "flow-through shares" of the Income Tax Act ) and one
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