Mr. Jean-Sebastien David reports

NIOBAY APPOINTS A NEW MEMBER TO ITS BOARD OF DIRECTORS

Niobay Metals Inc. has appointed Guillaume Bacconnier to its board of directors, effective immediately.

Mr. Bacconnier holds a master's degree in polymer science. Throughout his career, he has held various commercial and operational leadership positions in seven countries. He has been a member of the Rio Tinto Group for approximately 20 years. He currently serves as general manager of Evolys Quebec Inc., a joint venture formed by Rio Tinto and Aymium, a technology company, to produce biocarbon in Canada.

In addition, the company has approved the grant of 150,000 incentive stock options to Mr. Bacconnier. One-third of these stock options will vest immediately, with the remaining stock options subject to a two-year vesting period. The options have a term of seven years and an exercise price of eight cents per share. The stock options were granted pursuant to the company's stock option plan and are subject to applicable securities laws and the policies of the TSX Venture Exchange.

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.

We seek Safe Harbor.