
NioBay Metals (TSXV: NBY; OTCQB: NBYCF), previously known as MDN, is a Canadian mineral exploration company that was founded in the 1950s by hockey legend Serge Savard’s father, Laurent Savard, in Quebec’s Abitibi region. Today, NioBay’s management team offers a diversified set of expertise in Critical and Strategic Minerals with an emphasis on Niobium. NioBay plans to capitalize on a variety of projects, in both Quebec and in Ontario, while conducting Research & Development through partnerships with several universities. NioBay is focused on the development of green critical minerals such as niobium, which is used primarily in the steel industry and fortifies high-strength-low-alloy steels. It also improves steel’s malleability, flexibility, and toughness. It can contribute to the construction of electric vehicles, lowering carbon emissions worldwide.
Active mining projects and exploration sites
Gold exploration and development project
Gold exploration and development project
Gold exploration and development project
Gold exploration and development project
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Niobay Metals (TSXV: NBY) is a mineral exploration company.
The company holds 4 projects on file, at the exploration stage.
1 financing is on record, totalling approximately $8.5M, most recently in December 2025.
23 press releases are tracked here, 3 of them financing-related, with the most recent dated Sep 1, 2026.
NioBay Metals (TSXV: NBY; OTCQB: NBYCF), previously known as MDN, is a Canadian mineral exploration company that was founded in the 1950s by hockey legend Serge Savard’s father, Laurent Savard, in Quebec’s Abitibi region. Today, NioBay’s management team offers a diversified set of expertise in Critical and Strategic Minerals with an emphasis on Niobium. NioBay plans to capitalize on a variety of projects, in both Quebec and in Ontario, while conducting Research & Development through partnerships with several universities. NioBay is focused on the development of green critical minerals such as niobium, which is used primarily in the steel industry and fortifies high-strength-low-alloy steels. It also improves steel’s malleability, flexibility, and toughness. It can contribute to the construction of electric vehicles, lowering carbon emissions worldwide.
| Listing | TSXV: NBY |
|---|---|
| Market capitalisation | $12.1M |
| Projects on file | 4 |
| Financings on record | 1 |
| Project | Commodity | Location | Stage |
|---|---|---|---|
| Crevier | — | — | Exploration |
| Foothills | — | — | Exploration |
| James Bay | — | — | Exploration |
| Valentine | — | — | Exploration |
| Announced | Type | Amount | Warrants |
|---|---|---|---|
| Dec 18, 2025 | Private placement | $8.5M | Yes |
Warrants attached to past raises are future dilution at a fixed price. The Warrant Overhang Radar tracks the resulting overhang, and the Dilution Tracker shows how the share count has grown.