NioBay Opens the Doors to the Crevier Project for Elected Officials of the Maria-Chapdelaine RCM

Niobay Metals Inc. ("NioBay" or the "Company") (TSX-V: NBY) (OTCQB: NBYCF) was pleased to welcome, on Monday, August 31, representatives from the municipalities that make up the Maria-Chapdelaine RCM. Indeed, the mayors of the municipalities of Girardville, Saint-Thomas-Didyme, Normandin, Péribonka, Sainte-Jeanne-d'Arc, Saint-Eugène-d'Argentenay, and Saint-Stanislas were present for the visit.

Also joining the group were the Prefect of the Maria-Chapdelaine RCM, Mr. Jean Morency, members of the RCM's senior management team and economic development advisors, as well as a municipal councillor from the City of Dolbeau-Mistassini.

This visit provided elected officials with an update on the Crevier Project, as well as an overview of current niobium and tantalum market conditions. Participants also toured the facilities and equipment, in addition to meeting with the teams involved in the ongoing exploration campaign. The day concluded with discussions regarding the Crevier Project's upcoming milestones and next steps.

Message from NioBay's President and CEO on Crevier

"We were very proud to welcome the mayors of the Maria-Chapdelaine RCM during this open-house event focused on our activities. Their strong participation demonstrates the interest and curiosity that local elected officials have in our project. The Crevier Project, focused on critical and strategic minerals, represents an excellent opportunity for economic diversification in the Upper Lac-Saint-Jean region, provided it successfully advances through the various stages required to develop a mining project."

Message from the Prefect of the Maria-Chapdelaine RCM regarding the visit to the Crevier Project

"Mining development is a topic of interest for the RCM Council due to its potential for economic diversification. Our visit to the Crevier Project allowed us to observe the Company's rigorous approach to developing the site, both through its commitment to maximizing local economic benefits and minimizing environmental impacts."

About Niobay Metals Inc.

NioBay aims to become a leader in the development of mine(s) with low carbon consumption and responsible water and wildlife management practices while prioritizing the environment, social responsibility, good governance, and the inclusion of all stakeholders. Our top priority, which is critical to our success, is the consent and full participation of the Indigenous communities in whose territories and/or on ancestral lands we operate.

In addition to other properties, NioBay 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 an 80.2% interest in the Crevier Niobium and Tantalum project located in Québec and on the Nitassinan (ancestral territory) of the Pekuakamiulnuatsh First Nation.

About Niobium

Niobium is a naturally occurring element. It is a 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 more efficient and lowers environmental impacts, while also increased value.

About Tantalum

One of the main uses of tantalum is in the production of electronic components. Tantalum (Ta) causes no immune response in mammals, so has found wide use in the making of surgical implants. It can replace bone, for example, in skull plates; as foil or wire, it connects torn nerves; as woven gauze it binds abdominal muscle. Tantalum alloys can be extremely strong and have been used for turbine blades, rocket nozzles and internal combustion engines.

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.