Nio Strategic Metals Raises $800K Through Private Placement to Accelerate Quebec Niobium Exploration

Nio Strategic Metals Inc. (TSXV: NIO, OTC Pink: NIOCF) has successfully completed a private placement of 6.4 million flow-through shares, generating approximately $800,000 in capital to fuel its critical minerals exploration efforts in Quebec.

Capital Deployment and Project Focus

The raised capital will be channeled entirely into qualifying Canadian exploration expenditures on the Oka property, where Nio is conducting systematic exploration and mineral resource evaluation to assess niobium reserves and other strategic metals deposits. Subscribers will receive full tax renunciation benefits, with proceeds renounced by December 31, 2026, creating a tax-efficient investment structure for participants.

As part of the financing arrangement, the company issued 210,000 common shares as compensation and paid commissions totaling $26,250. All issued securities carry a standard four-month hold period from issuance.

Strategic Metals Portfolio Expansion

Beyond the Oka property, Nio Strategic Metals holds additional exploration properties near Mont-Laurier and elsewhere in Quebec, positioning the company to capitalize on growing global demand for niobium and other critical metals essential for advanced manufacturing, clean energy infrastructure, and emerging technologies.

Regulatory Status and Timeline

The private placement was arranged pursuant to prospectus exemptions under applicable securities law and remains subject to final acceptance by the TSX Venture Exchange. The company’s focus on ferroniobium production aligns with the accelerating need for strategic metals in the global energy transition and industrial sectors.

This financing milestone reflects investor confidence in Nio’s exploration-stage properties and its potential to unlock significant niobium resources in a jurisdiction known for mining development expertise.