Company Overview - NioBay Metals Inc. aims to lead in the development of mines with low carbon consumption and responsible water and wildlife management practices, emphasizing environmental, social responsibility, good governance, and stakeholder inclusion [4] - The company holds a 100% interest in the James Bay Niobium Project in Ontario and a 72.5% interest in the Crevier Niobium and Tantalum project in Québec, with an option to acquire an 80% interest in the Foothills project [4] Annual General Meeting (AGM) Highlights - The AGM was held on June 12, 2025, with shareholders representing over 46% of the total common shares attending [1] - New board members elected include Jean-Sébastien David, Josianne Beaudry, Laurence Farmer, Raymond Legault, Bruno Di Battista, and Serge Savard [2] - PricewaterhouseCoopers, LLP was re-appointed as auditors for the upcoming financial year, and the rolling stock option plan was re-approved [2] Stock Options Grant - Following the AGM, the company approved the grant of 1,215,000 incentive stock options to directors, officers, employees, and consultants [3] - One third of the stock options will vest immediately, while the remaining options are subject to a two-year vesting period, with a seven-year term at an exercise price of $0.06 [3] Industry Context - Niobium is a naturally occurring metal known for its ductility, malleability, and corrosion resistance, enhancing properties in various materials and applications across Mobility, Structural, and Energy sectors [5] - The addition of niobium to materials like steel, glass, and aluminum castings improves efficiency and reduces environmental impacts, thereby increasing their value [5]

MONTRÉAL, June 10, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is pleased to announce the start of a drilling campaign on the Crevier property (the “2025 Campaign”), located approximately 50 km north of the town of Girardville and approximately 150 km from the Niobec mine (the “Project”). It is located within the Nitassinan territory of the Pekuakamiulnuatsh, whose main population center is Mashteuiatsh. The Project is easily accessible via existing lo ...

MONTRÉAL, June 03, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is proud to announce its first product deliveries from the SGS pilot plant in Québec City. This work was made possible by a grant from the Ministère des Ressources naturelles et des Forêts (MRNF) under the Mining Exploration Support Program for Critical and Strategic Minerals for its Crevier niobium and tantalum project (the “Crevier Project”). The Crevier Project is located approximately 5 ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR | | | Name of Each Exchange On Which | | --- | --- | --- | | Title of Each Class | Trading Symbol(s) | Registered | | Common Stock, par v ...

MONTREAL, April 08, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is proud to announce the award of a grant under the Mining Exploration Support Program for Critical and Strategic Minerals of the Ministry of Natural Resources and Forests (“MRNF”) for its Crevier 2 niobium & tantalum project, which is the southern and northern extension of the original Crevier project already identified by a resource estimate (collectively, the “Crevier Project”). The Cre ...

Financial Performance - The company incurred net losses from continuing operations of $7.2 million for the year ending December 31, 2024, compared to $6.1 million for 2023, reflecting a 17% increase in losses [132]. - Total net sales decreased by $0.7 million, or 6%, to $9.8 million for the year ended December 31, 2024, down from $10.5 million in 2023 [141]. - Product revenue, net, from eyecare products increased by $0.6 million to $9.7 million for the year ended December 31, 2024, primarily due to increased sales of Avenova Spray [145]. - Operating expenses increased by 21% to $12.3 million for the year ended December 31, 2024, compared to $10.2 million in 2023 [141]. - The company recorded a loss on divestiture of subsidiary amounting to $865,000, reflecting the impact of recent strategic changes [141]. - Cash and cash equivalents decreased to $430 thousand as of December 31, 2024, compared to $2.9 million as of December 31, 2023 [156]. - Net cash used in operating activities from continuing operations was $5.2 million for the year ended December 31, 2024, compared to $4.3 million for the year ended December 31, 2023 [160][161]. - Net cash provided by financing activities from continuing operations was $1.5 million for the year ended December 31, 2024, compared to $1.9 million for the year ended December 31, 2023 [163][164]. Asset and Liability Management - The accumulated deficit as of December 31, 2024, was $183.5 million, with total current assets of $1.9 million and total assets of $3.4 million [132]. - As of December 31, 2024, the company had net operating loss carryforwards of $153.7 million for federal income tax purposes [166]. Strategic Changes - The company completed the Avenova Asset Sale on January 17, 2025, receiving net proceeds of approximately $10.5 million, significantly reducing its revenue-generating assets [132]. - Following the Wound Care Divestiture on January 8, 2025, the company received net proceeds of $0.5 million, further diminishing its operational scope [132]. - The company anticipates fulfilling remaining contractual obligations for wound care products by the end of Q2 2025 [129]. - The company is exploring strategic alternatives, including potential dissolution, which is subject to stockholder approval [133]. - The company is exploring strategic alternatives, including a potential dissolution, subject to stockholder approval [159]. Expense Management - Cost of goods sold decreased by $1.1 million, or 25%, to $3.3 million for the year ended December 31, 2024, from $4.4 million for the year ended December 31, 2023 [147]. - Sales and marketing expenses decreased by $0.7 million, or 14%, to $4.0 million for the year ended December 31, 2024, from $4.7 million for the year ended December 31, 2023 [148]. - General and administrative expenses increased by $1.9 million, or 35%, to $7.4 million for the year ended December 31, 2024, from $5.4 million for the year ended December 31, 2023 [149].

Company Overview - NioBay Metals Inc. has appointed Mr. Laurence Farmer to the Board of Directors, replacing Mr. Mathieu Savard who resigned on March 25, 2025 [1] - The company expresses gratitude to Mr. Savard for his contributions and wishes him well in his future role as President, CEO, and Director of Vior Inc. [1] Leadership Background - Mr. Laurence Farmer has over 10 years of experience in cross-border M&A, finance, and capital markets advisory, previously serving as General Counsel and Vice President at Osisko Development Corp. [2] - He has participated in deals totaling over US$20 billion throughout his career in mining and metals [2] - Mr. Farmer is also the Co-Founder and CEO of Electric Elements Mining Corp., a project generator focused on precious and critical metals [2] Stock Options - The company has granted Mr. Farmer 50,000 incentive stock options, with one third vesting immediately and the remainder subject to a two-year vesting period [3] - The options have a seven-year term with an exercise price of $0.055, in accordance with the company's Stock Option Plan [3] Company Mission - NioBay aims to lead in the development of mines with low carbon consumption and responsible management practices, emphasizing environmental and social responsibility [4] - The company prioritizes the consent and participation of Indigenous communities in its operational territories [4] Project Interests - NioBay holds a 100% interest in the James Bay Niobium Project located in Ontario and a 72.5% interest in the Crevier Niobium and Tantalum project in Québec [5] - The company also has an option to acquire an 80% interest in the Foothills project, a titanium-phosphate project in Québec [5] Industry Insights - Niobium is a ductile and malleable metal used in various sectors, enhancing material properties and reducing environmental impacts [6] - Titanium is a strong yet lightweight metal, important for aerospace applications and increasingly used in battery components [7]

Core Viewpoint - NioBay Metals Inc. has successfully intercepted titanium in multiple surface drill holes at Zone 1 of the Foothills Property, indicating promising mineralization and potential for further exploration [1][2][6]. Company Overview - NioBay Metals Inc. is focused on developing mines with low carbon consumption and responsible environmental practices, emphasizing the importance of Indigenous community participation [10]. - The company holds a 100% interest in the James Bay Niobium Project and a 72.5% interest in the Crevier Niobium and Tantalum project, along with an option to acquire an 80% interest in the Foothills project [11]. Exploration Results - The recent drilling campaign in the fall of 2024 revealed significant TiO2 mineralized zones, with intersections calculated for a cut-off grade of 8% Ti [2][4]. - Notable drill results include: - Hole 1625-24-002: 63.25 m at 10.57% TiO2 and 5.75 m at 22.36% TiO2 [5]. - Hole 1625-24-003: 13.75 m at 12.62% TiO2 and 5.00 m at 19.13% TiO2 [5]. - Hole 1625-24-004: 4.30 m at 14.73% TiO2 [5]. Environmental Considerations - The drilling work generated 32.14 tonnes of CO2 equivalents, and the company has made a donation to Carbone Boreal as compensation for its carbon footprint [3]. Future Plans - The company plans to conduct further drilling in Zone 3, where previous surface values indicated strong titanium presence [6]. An application for authorization for this drilling has already been filed [2]. Industry Context - Titanium is a critical material used in various high-performance applications, including aerospace, medical devices, and sports equipment, due to its strength and low density [12].

Company Overview - NioBay Metals Inc is focused on exploration, development, and use of critical green metals with an Environmentally, Sustainable, Governance, and Indigenous (ESGI) focus [4] - The company holds a 100% interest in the James Bay Niobium Project located 45 km south of Moosonee, Ontario [4] - NioBay also holds a 72.5% interest in the Crevier Niobium and Tantalum project in Québec and has an option to acquire an 80% interest in the Foothills titanium-phosphate project in Quebec [4] Metallurgical Testing Results - Successful production of Ammonium Niobium Oxalate (ANO) was achieved through a reliable flowsheet incorporating hydrofluoric acid leaching, solvent extraction using 1-octanol, and precipitation with ammonium hydroxide [3] - Hydrofluoric acid leaching consistently achieved niobium dissolution in excess of 95% across a range of acid dosages [5] - A reverse precipitation test produced a residue assaying at 59.4% Nb with very low levels of impurity co-precipitation [5] Strategic Implications - The metallurgical tests reveal an opportunity to target markets demanding high-purity niobium, beyond the company's primary focus on ferroniobium production for the steel mill market [4] - The James Bay Niobium Project's mineralization can be processed to produce high-purity niobium, as confirmed by SGS results [4] Industry Context - Niobium is a naturally occurring metal that enhances properties and functionalities in materials used across Mobility, Structural, and Energy sectors [6] - When added to materials like steel, glass, and aluminum castings, niobium improves efficiency, lowers environmental impacts, and delivers benefits such as better performance, improved safety, and increased value [6]

Core Insights - The Zacks rating system is valuable for individual investors as it focuses on earnings estimate revisions, which are closely linked to near-term stock price movements [1][2][3] - NovaBay Pharmaceuticals has seen a significant increase in earnings estimates, with the Zacks Consensus Estimate rising by 87.9% over the past three months [4] - The upgrade of NovaBay Pharmaceuticals to a Zacks Rank 2 (Buy) indicates positive sentiment regarding its earnings outlook, suggesting potential upward pressure on its stock price [7][8][12] Earnings Estimate Revisions - The correlation between earnings estimate revisions and stock price movements is strong, making it beneficial for investors to track these revisions [2][3] - NovaBay Pharmaceuticals' rising earnings estimates reflect an improvement in its underlying business, which is expected to drive the stock price higher [9][12] - The Zacks rating system maintains a balanced approach, with only the top 20% of stocks receiving favorable ratings based on earnings estimate revisions [7][17] Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a proven track record of generating significant returns for top-rated stocks [10][13] - Stocks rated Zacks Rank 1 (Strong Buy) have historically achieved an average annual return of +25% since 1988, highlighting the effectiveness of the system [10] - NovaBay Pharmaceuticals' position in the top 20% of Zacks-covered stocks indicates its strong earnings estimate revision feature, making it a candidate for market-beating returns [12][17]