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Scotland could vote to separate in 2021, testing Canada s independence formula

NioBay Announces Completion of Royalty Sale and Provides a Corporate Update

NioBay Announces Completion of Royalty Sale and Provides a Corporate Update MONTREAL, Dec. 17, 2020 NioBay Metals Inc. (“ NioBay” or the “ Company”) (TSX-V: NBY) is pleased to announce that Osisko Gold Royalties Ltd (“ Osisko”) has exercised its option to purchase a 1.0% royalty on all products to be produced from NioBay’s wholly-owned James Bay Niobium project, located 40 kilometres south of Moosonee, Ontario (the “James Bay Project”) for $2,000,000. The option was granted to Osisko as part of its initial investment in NioBay in March 2018. The funds will be used in the development of the James Bay Niobium project. 2021 DRILL PROGRAM ON THE JAMES BAY PROJECT

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