Mr. Bruno Dumais reports

NIO STRATEGIC METALS CLOSES FLOW-THROUGH SHARES PRIVATE PLACEMENT TO ADVANCE OKA EXPLORATIONS

Nio Strategic Metals Inc. has arranged a private placement of 6.4 million flow-through common shares of the company that will qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) for gross proceeds of approximately $800,000.

The private placement was completed pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange. The offering is subject to a four-month hold period from the date of issuance.

In connection with the private placement, the company issued 210,000 common shares of the company and paid commissions of $26,250. These common shares are subject to a four-month hold period from the date of issuance.

The proceeds of the private placement will be used exclusively for qualifying Canadian exploration expenditures (as such term is defined in the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec) in conducting an exploration and mineral resource evaluation program on the Oka property in Quebec to determine the existence, location, extent and quality of the niobium and other critical metals on the property. Such proceeds will be renounced to the subscribers with an effective date not later than Dec. 31, 2026, in the aggregate amount of not less than the total amount of gross proceeds raised from the private placement.

About Nio Strategic Metals Inc.

Nio Strategic Metals is an exploration and development company, with a focus on becoming a ferro-niobium producer. The company holds niobium properties located in Oka and near Mont-Laurier and another exploration property in the province of Quebec.

We seek Safe Harbor.