Mr. Murray Nye reports

NIOB ANNOUNCES GRANT OF STOCK OPTIONS

North American Niobium and Critical Minerals Corp., pursuant to the company's share option plan and subject to approval of the Canadian Securities Exchange, has granted 2.5 million stock options to directors, officers and consultants of the company. The options are exercisable into common shares in the capital of the company at an exercise price of $1.05 per share for a period of five years from the date of grant of the options. The options will vest from immediately to in full over 12 months. The shares to be issued upon the exercise of the options will be subject to a hold period of four months and a day from the date of grant.

About North American Niobium and Critical Minerals Corp.

North American Niobium is a North American mineral exploration company focused on the acquisition and development of precious, base and critical mineral assets. Its portfolio includes the Silver Lake property in British Columbia's Omineca mining division and a district-scale land package covering 29,936 hectares in Quebec's Grenville province. The Quebec properties host rare earth element, niobium and nickel-copper occurrences, expanding the company's footprint into critical minerals that are strategically important for energy and defence applications.