Niobay Metals announces Completion of Financing and Provides a Corporate Update

MONTREAL, QUEBEC--(Marketwired - Dec. 22, 2017) - Niobay Metals Inc. (the "Company") (TSX VENTURE:NBY) is pleased to announce that it has completed a non-brokered private placement of 814,075 flow-through shares ("FT Shares") at a price of $0.27 per FT Share and 2,890,909 common shares at a price of $0.22 per share for total proceeds of $855,800 (the "Offering").