Press Releases

NioBay Metals provides initial results from re-assaying program at James Bay Niobium Project

MONTREAL, QUEBEC–(Marketwired – March 6, 2017) – Niobay Metals Inc. (“NioBay” or the “Company”) (TSX VENTURE:NBY) is pleased to provide the first results of a re-assaying program to validate historical data at the James Bay Niobium Project near Moosonee, in northeastern Ontario. In the fall of 2016, a total of 12 historical drill holes were re-logged and re-assayed. The first re-assay results confirmed the high niobium grade of the core of the James Bay deposit with results obtained in 2017 of 0.79% niobium oxide over 300 feet in hole 1966-2 and 0.85% over 297 feet in hole 1967-115.

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2016

Niobay Metals Announces Adoption of New Stock Option Plan

MONTREAL, QUEBEC–(Marketwired – Dec. 22, 2016) – Niobay Metals Inc. (the “Company”) (TSX VENTURE:NBY) announces that its board of directors has approved a new “rolling 10%” stock option plan (the “New Plan”) subject to approval of the Company’s shareholders and the TSX Venture Exchange (“TSX-V”).

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Niobay Metals announces Closing of Flow Through Financing

MONTREAL, QUEBEC–(Marketwired – Dec. 20, 2016) – Niobay Metals Inc. (the “Company”) (TSX VENTURE:NBY) is pleased to announce that it has closed the previously announced non-brokered private placement of flow-through shares. The Company issued 1,377,626 flow-through common shares (the “FT Shares”) at a price of $0.85 per FT Share, raising aggregate gross proceeds of $1,170,982 (the “Offering”).

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Niobay Metals announces Flow-Through Financing of up to $1,000,000

MONTREAL, QUEBEC–(Marketwired – Dec. 12, 2016) – Niobay Metals Inc. (the “Company”) (TSX VENTURE:NBY) announces plans to complete a non-brokered private placement (the “Private Placement”) of up to 1,176,471 flow-through shares at a price of C$0.85 per share for gross proceeds of $1,000,000 (the “Offering”).

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MDN Announces Name Change, New Stock Symbol and Share Consolidation

MONTREAL, QUEBEC–(Marketwired – Sept. 20, 2016) – MDN Inc. (the “Company”) (TSX VENTURE:MDN) announces that the Company has filed Articles of Amendment effecting its name change to Les métaux Niobay inc. / Niobay Metals Inc. (the “Name Change”) and will proceed with the consolidation of its Common Shares (the “Shares”) on the basis of five pre-consolidation Shares for one post-consolidation Share (the “Consolidation”).

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MDN Announces Closing of Non-Brokered Private Placement of $1,795,000

MONTREAL, QUEBEC–(Marketwired – Aug. 4, 2016) – MDN Inc. (the “Company”) (TSX VENTURE:MDN) is pleased to announce that it has completed its previously announced non-brokered private placement (the “Private Placement”) for a total amount of $1,795,000. An aggregate of 35,900,000 shares at a price of $0.05 per share has been issued for gross proceeds of $1,795,000, including an aggregate of $117,000 subscribed to by officers and directors of the Company.

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MDN Announces Private Placement of up to $1,400,000

MONTREAL, QUEBEC–(Marketwired – July 26, 2016) – MDN Inc. (the “Company”) (TSX VENTURE:MDN) is pleased to announce a non-brokered private placement (the “Private Placement”) of up to 28,000,000 shares at a price of $0.05 per share for gross proceeds of $1,400,000. The Private Placement is subject to approval from the TSX Venture Exchange, and is expected to close on or about August 4th, 2016.

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MDN Announces Special Meeting of Shareholders

MONTREAL, QUEBEC–(Marketwired – July 19, 2016) – MDN Inc. (the “Company”) (TSX VENTURE:MDN) today announced the convening of a special meeting of the Company’s shareholders (the “Meeting”) which will be held on September 1st, 2016 in Montreal.

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MDN Closes Acquisition of James Bay Niobium (Argor) Property

MONTREAL, QUEBEC–(Marketwired – June 28, 2016) – MDN Inc. (the “Company”) (TSX VENTURE:MDN) is pleased to announce that it has closed the previously announced acquisition of the James Bay Niobium (Argor) property from Barrick Gold Inc., James Bay Columbium Ltd. and Goldcorp Inc.

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MDN Announces Appointment of Jean Rainville as New Director

MONTREAL, QUEBEC–(Marketwired – June 17, 2016) – MDN Inc. (the “Company”) (TSX VENTURE:MDN) is pleased to announce the appointment of Jean Rainville as a Director of the Company as of today following the resignation of Claude Boulay as a Director of the Company.

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MDN Inc: Grant of stock options

Montreal, June 15, 2016 – MDN Inc. (the “Company”) (TSX-V: MDN) announces that the board of directors of the Company has approved the granting of 1,750,000 incentive stock options pursuant to the Company’s stock option plan and compensation policy, dated June 14, 2016. The total includes 1,575,000 options granted to the management and directors of the Company. The options are exercisable at a price of $0.07 per share, which is the closing price on June 13, 2016 and expire on June 14, 2021.

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MDN Signs Binding Agreement to Acquire the Argor Property

MONTREAL, QUEBEC–(Marketwired – June 7, 2016) – MDN Inc. (the “Company”) (TSX VENTURE:MDN) is pleased to announce that it has signed a definitive property purchase agreement (the “Agreement”) to acquire the Argor property (the “Property”) from Barrick Gold Inc., James Bay Columbium Ltd. and Goldcorp Inc. (the “Sellers”).

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MDN Announces Appointment of CFO and AGM Results

MONTREAL, QUEBEC–(Marketwired – May 26, 2016) – MDN Inc. (TSX:MDN) (the “Company”) is pleased to announce that Alain Krushnisky will succeed Yves Therrien as Chief Financial Officer of the Company, and also announces the results of its annual shareholders’ meeting held on May 26, 2016

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MDN Terminates the HOA With Xinye

MONTREAL, QUEBEC–(Marketwired – May 4, 2016) – MDN Inc. (the “Company”) (TSX VENTURE:MDN) reports that it has terminated the Heads of Agreement (“HOA”) with Sichuan Xinye Investment Corporation of Mining and Exploration (“XINYE”). The parties did not succeed in concluding a definitive agreement under the terms of the HOA.

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MDN Lists on the TSX Venture Exchange

MONTREAL, QUEBEC–(Marketwired – March 16, 2016) – MDN Inc. (the “Company”) (TSX:MDN) is pleased to report the Company’s securities will be listed on the TSX Venture Exchange, as reported on the Company press release dated December 11th, 2015.

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MDN Signs a LOI for the Acquisition of the Argor Niobium Deposit

MONTREAL, QUEBEC–(Marketwired – March 4, 2016) – MDN Inc. (the “Company”) (TSX:MDN) is pleased to report that it has signed a non-binding letter of intent (“LOI”) with Barrick Gold Inc., James Bay Columbium Ltd. and Goldcorp Inc. (“the Sellers”), to acquire a 100% interest in the Argor property.

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MDN Terminates Prairie Lake Option

  February 19, 2016 16:33 ET MONTREAL, QUEBEC–(Marketwired – Feb. 19, 2016) – MDN Inc. (TSX:MDN) (the “Company”) announces that it decided to not continue the exploration campaign on the Prairie Lake properties and has therefore... read more

MDN Inc.: XINYE Intends to Proceed With JV in Tanzania

MONTREAL, QUEBEC–(Marketwired – Jan. 11, 2016) – MDN Inc. (TSX:MDN) (the “Company”) is pleased to announce that Sichuan Xinye Investment Corporation of Mining and Exploration (“XINYE”) has informed of its intention to continue to the next step in the establishment of a joint venture, including the acquisition option, on the Ikungu & Ikungu East properties in Tanzania.

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2015

MDN Inc.: Update on the Company and its Operations

MONTREAL, QUEBEC–(Marketwired – Dec. 11, 2015) – MDN Inc. (TSX:MDN) (the “Company”) wishes to inform its shareholders of the latest developments on its current activities and on corporate changes, mainly related to reductions in operating expenses. The TSX Venture index is now at its lowest level for over ten years and the Company has to make adjustments to cope with this great period of hollow.

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MDN Signs an Agreement for a Joint Venture on the Ikungu Properties in Tanzania

MONTREAL, QUEBEC–(Marketwired – Sept. 8, 2015) – MDN Inc. (TSX:MDN) (the “Company”) is pleased to announce that it has signed a Heads of Agreement (“HOA”) with Sichuan Xinye Investment Corporation of Mining and Exploration (“XINYE”) to enter into a joint venture whereby XINYE would be transferred, in escrow, 50% of interests in the Company’s Ikungu and Ikungu East properties in Tanzania (the “Properties”) and would have the option of retaining such interests (the “Interests”) by investing up to US$7M in such Properties over a maximum period of 42 months

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Confirmation of High-Grade Niobium Showings And Discovery of New Carbonatites

MONTREAL, QUEBEC–(Marketwired – June 25, 2015) – MDN Inc. (TSX:MDN) (the “Company”) is pleased to announce the results of a preliminary sampling of the known niobium showings, with grab samples grading up to 1.58% of niobium pentoxide (Nb2O5), and the discovery of new carbonatites occurrences on the Prairie lake Properties, near Marathon, Ontario.

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Prairie Lake Earns Discovery of the Year in Northwestern Ontario

MONTREAL, QUEBEC–(Marketwired – April 24, 2015) – MDN Inc. (TSX:MDN) (the “Company”) is pleased to announced that Rudy Wahl, one of the owner of the recently optioned property Prairie Lake, received the Bernie Schnieders Discovery of the Year award for Prairie Lake, by the Northwestern Ontario Prospectors Association (“NWOPA”).

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MDN Receives Cash From Dispute Settlement

April 16, 2015 09:54 ET MDN Receives Cash From Dispute Settlement MONTREAL, QUEBEC–(Marketwired – April 16, 2015) – MDN Inc. (TSX:MDN) (the “Company”) is pleased to announce that it has received the amount of 784,893,170 Tanzanian... read more

Interpretation of Exploration Results on Samaqua

May 14, 2015 11:00 ET MDN Inc.: Interpretation of Exploration Results on Samaqua MONTREAL, QUEBEC–(Marketwired – May 14, 2015) – MDN Inc. (TSX:MDN) (the “Company”) releases the results on the recently completed exploration program on... read more

MDN Inc.: Start of Drilling Program on Samaqua

January 30, 2015 08:30 ET MDN Inc.: Start of Drilling Program on Samaqua MONTREAL, QUEBEC–(Marketwired – Jan. 30, 2015) – MDN Inc. (TSX:MDN) (the “Company”) wishes to make an update on the exploration activities on its wholly-owned... read more
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2014

Update on the Exploration Program on Samaqua

December 15, 2014 07:30 ET MDN Inc.: Update on the Exploration Program on Samaqua MONTREAL, QUEBEC–(Marketwired – Dec. 15, 2014) – MDN Inc. (TSX:MDN) (the “Company”) wishes to make an update on the exploration activities on its... read more

MDN Announces Closing of Private Placement

July 15, 2014 08:03 ET MDN Announces Closing of Private Placement MONTREAL, QUEBEC–(Marketwired – July 15, 2014) – MDN Inc. (TSX:MDN) (the “Company”) has completed a private placement by issuing a total of 7,363,464 units at a price of... read more

MDN Inc.: Ikungu East Exploration Results Update

May 14, 2014 11:52 ET MDN Inc.: Ikungu East Exploration Results Update MONTREAL, QUEBEC–(Marketwired – May 14, 2014) – MDN Inc. (“MDN”) (TSX:MDN) reports that it has completed the interpretation of 2013 field work done on the Ikungu East... read more
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2013

MDN Announces Election of Directors

June 04, 2013 11:16 ET MDN Announces Election of Directors MONTREAL, QUEBEC–(Marketwired – June 4, 2013) – MDN Inc. (« MDN ») (TSX:MDN) announces that, at the annual meeting of shareholders held on May 31, 2013, each of the 6 nominees listed in the... read more
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2012

MDN Confirms Discovery on Nikonga

August 23, 2012 08:00 ET MDN Confirms Discovery on Nikonga – 9.9 g/t Au on 4.2 metres – 1.7 g/t Au on 12.3 metres including 17.3 g/t Au on 1.1 metre MONTRÉAL, QUÉBEC–(Marketwire – Aug. 23, 2012) – MDN Inc. (TSX:MDN) announces the results... read more

MDN Inc.-Tulawaka 2012 Second Quarter Results

July 23, 2012 08:11 ET MDN Inc.-Tulawaka 2012 Second Quarter Results – Life of mine extended into 2013 – Ore zones extension at depth continue to be confirmed MONTREAL, QUEBEC–(Marketwire – July 23, 2012) – MDN Inc. (“MDN”)... read more

MDN Inc.: Tulawaka First Quarter Results

April 19, 2012 08:09 ET MDN Inc.: Tulawaka First Quarter Results Drilling intercepts high grade Gold values in zones 500-850 MONTREAL, QUEBEC–(Marketwire – April 19, 2012) – MDN Inc. (TSX:MDN) (“MDN”) reports to its shareholders that... read more

MDN Reports its 2011 Financial Results

March 23, 2012 14:53 ET MDN Reports its 2011 Financial Results 40% increase in gold production at the Tulawaka mine Net profit of $ 1.6 million for MDN MONTREAL, QUEBEC–(Marketwire – March 23, 2012) – MDN Inc. (“MDN”) (TSX:MDN) is pleased... read more

MDN Inc. Receives Payment of US $6.17 Million

March 06, 2012 07:00 ET MDN Inc. Receives Payment of US $6.17 Million MONTREAL, QUEBEC–(Marketwire – March 6, 2012) – MDN Inc. (MDN)(TSX:MDN) is pleased to inform its shareholders that African Barrick Gold plc (ABG), which operates the Tulawaka gold... read more

MDN Intersects 14.5 g/t Au Over 2.0 Meters at Nikonga

March 01, 2012 08:15 ET MDN Intersects 14.5 g/t Au Over 2.0 Meters at Nikonga MONTREAL, QUEBEC–(Marketwire – March 1, 2012) – MDN Inc. (“MDN”) (TSX:MDN) is pleased to report that it has received analytical results for 5 holes from its... read more
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2011

MDN Reports High Gold Grades on Nikonga

September 28, 2011 07:45 ET MDN Reports High Gold Grades on Nikonga Sampling results of up to 33 g/t gold MONTREAL, QUEBEC–(Marketwire – Sept. 28, 2011) – Editors Note: There is a map associated with this press release. MDN Inc. (“MDN”)... read more

MDN Reports Continuity of the MCGold Deposit to the West

March 24, 2011 08:15 ET MDN Reports Continuity of the MCGold Deposit to the West MONTREAL, QUEBEC–(Marketwire – March 24, 2011) – MDN Inc. (TSX:MDN) 1206-10-35: 1.16 g/t Au over 29.2 metres 1206-10-36: 1.18 g/t Au over 9.5 metres 1206-10-39: 1.26 g/t... read more

MDN Reports its 2010 Financial Results

March 23, 2011 08:09 ET MDN Reports its 2010 Financial Results MONTREAL, QUEBEC–(Marketwire – March 23, 2011) – MDN Inc. (“MDN”)(TSX:MDN) announces that its financial statements for the year ended December 31, 2010 have been... read more

MDN Extends the Ikungu Structure 600 m to the West

January 11, 2011 08:31 ET MDN Extends the Ikungu Structure 600 m to the West IKBH-42 intersects two zones of 2.15 g/t Au over 6.12 m and 1.54 g/t Au over 21.45 m MONTREAL, QUEBEC–(Marketwire – Jan. 11, 2011) – MDN Inc. (TSX:MDN) (“MDN”)... read more
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2010

MDN Provides an Update on its Ikungu Project

December 09, 2010 07:04 ET MDN Provides an Update on its Ikungu Project MONTREAL, QUEBEC–(Marketwire – Dec. 9, 2010) – MDN Inc. (“MDN”) (TSX:MDN) is pleased to report the assay results for three holes (IKD-49, 50 and 51) from its... read more

MDN Starts Drilling Program on Ikungu Gold Project

July 28, 2010 10:30 ET MDN Starts Drilling Program on Ikungu Gold Project MONTREAL, QUEBEC–(Marketwire – July 28, 2010) – MDN Inc. (“MDN”)(TSX:MDN) announces the beginning of a drilling program on its gold project Ikungu with two drills... read more

MDN Reports an Update of the Crevier Project Resource

June 14, 2010 09:01 ET MDN Reports an Update of the Crevier Project Resource Higher niobium and tantalum grades; 50% of the original indicated resource now categorized as measured MONTREAL, QUEBEC–(Marketwire – June 14, 2010) – MDN Inc.... read more

MDN Acquires a Gold Exploration Project in Quebec

June 02, 2010 12:03 ET MDN Acquires a Gold Exploration Project in Quebec MONTREAL, QUEBEC–(Marketwire – June 2, 2010) – MDN Inc. (“MDN”)(TSX:MDN) is pleased to announce that it has entered into an agreement with SOQUEM Inc. for the MCGold... read more

MDN Posts 2009 Financial Results

April 01, 2010 08:54 ET MDN Posts 2009 Financial Results MONTREAL, QUEBEC–(Marketwire – April 1, 2010) – MDN Inc. (TSX:MDN) («MDN») today released its audited financial statements for the year ended December 31, 2009. Management’s discussion... read more

MDN Appoints Serge Bureau as CEO

February 23, 2010 09:00 ET MDN Appoints Serge Bureau as CEO MONTREAL, QUEBEC–(Marketwire – Feb. 23, 2010) – The Board of Directors of MDN (TSX:MDN) is pleased to announce the appointment of Mr. Serge Bureau as President, CEO and director. Mr.... read more
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