Niobay Metals
TSXV:NBYNioBay 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.
Projects
Active mining projects and exploration sites
Crevier
Gold exploration and development project
Foothills
Gold exploration and development project
James Bay
Gold exploration and development project
Valentine
Gold exploration and development project
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About Niobay Metals
Niobay Metals (TSXV: NBY) is a mineral exploration company with ground in Canada.
The company holds 4 projects on file, at the exploration stage.
1 financing is on record, totalling approximately C$8.5M, most recently in December 2025.
24 press releases are tracked here, 3 of them financing-related, with the most recent dated Sep 22, 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.
Key facts
| Listing | TSXV: NBY |
|---|---|
| Market capitalisation | $12.1M |
| Shares outstanding | 187.6M |
| Projects on file | 4 |
| Jurisdictions | Quebec, Canada · Ontario, Canada |
| Financings on record | 1 |
| Insider trades (30 days) | 0 buys, 0 sells on the open market · last filing 2026-04-22 |
Projects
| Project | Commodity | Location | Stage |
|---|---|---|---|
| Crevier | — | Quebec, Canada | Exploration |
| Foothills | — | Quebec, Canada | Exploration |
| James Bay | — | Ontario, Canada | Exploration |
| Valentine | — | Quebec, Canada | Exploration |
Financing history
| Announced | Type | Amount | Warrants |
|---|---|---|---|
| Dec 18, 2025 | Private placement | C$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.
Recent news releases
- Sep 22, 2026NioBay Appoints a New Member to Its Board of Directors
- Sep 22, 2026NioBay annonce la nomination d’un nouveau membre à son conseil d’administration
- Sep 1, 2026NioBay Opens the Doors to the Crevier Project for Elected Officials of the Maria-Chapdelaine RCM
- Sep 1, 2026NioBay ouvre les portes du projet Crevier aux élus de la MRC Maria-Chapdelaine
- Aug 10, 2026NioBay Receives a Grant of $500,000 from the Government of Quebec
- Aug 10, 2026NioBay reçoit un appui financier de 500 000 dollars du gouvernement du Québec
- Aug 4, 2026NioBay Achieves ~99.6% Niobium Oxide (Nb₂O₅) and 99.98% Tantalum Oxide (Ta₂O₅) in the manufacture of final oxides from Crevier
- Aug 4, 2026NioBay obtient ~99,6 % en oxyde de niobium (Nb₂O₅) et 99,98 % en oxyde de tantale (Ta₂O₅) dans la fabrication de ses oxydes finaux
- Jun 23, 2026NioBay Announces the Commencement of Summer Field Programs Across Its Projects
- Jun 23, 2026NioBay annonce le début des travaux d’été de terrain sur ses projets