Northwire Canada EditionTuesday, August 11, 2026
Northwire
CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%

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Original News Release

Nio Strategic arranges $750,000 private placement

Mr. Bruno Dumais reports NIO STRATEGIC METALS ANNOUNCES FLOW-THROUGH SHARES PRIVATE PLACEMENT TO ADVANCE OKA EXPLORATIONS Nio Strategic Metals Inc. has arranged a private placement of six million flow-through common shares of the company that will qualify as flow-through shares within the meaning of Subsection 66(15) of the Income Tax Act (Canada) for gross proceeds of approximately $750,000. The private placement remains subject to final acceptance of the TSX Venture Exchange and the company's receipt of all necessary regulatory approvals. The offering is subject to a four-month hold period from the date of issuance. In connection with the private placement, the company issued 175,000 finder warrants and will pay commissions of $26,250. Each finder warrant will entitle the holder, on exercise thereof, to acquire one additional common share in the capital of the company at a price of 15 cents per share for a period of 24 months from the date of issuance. The proceeds of the private placement will be used exclusively for qualifying Canadian exploration expenditures (as such term is defined in the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec)) in conducting an exploration and mineral resource evaluation program on the Oka and the Fafnir properties in Quebec to determine the existence, location, extent and quality of the niobium and other critical metals on these properties. Such proceeds will be renounced to the subscribers with an effective date not later than Dec. 31, 2026, in the aggregate amount of not less than the total amount of gross proceeds raised from the private placement. About Nio Strategic Metals Inc. Nio Strategic Metals is an exploration and development company, with a focus on becoming a ferroniobium producer. The company holds niobium properties located in Oka and near Mont-Laurier, Que., and one other exploration property in the province of Quebec. We seek Safe Harbor.
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