Nio Strategic Metals Announces Non-Brokered Private Placement

Executive Summary

• Nio Strategic Metals Inc. announced a non‑brokered private placement of up to 27,002,255 common shares at $0.155 per share, targeting gross proceeds of up to $4.185 million.
• The offering is expected to close in February 2026, subject to TSX Venture Exchange approval and customary closing conditions, with a four‑month hold period on the securities.
• Proceeds will be used to fund the company’s ongoing critical‑minerals exploration program and general corporate purposes.

Key Details

• Offering Size: Up to 27,002,255 common shares.
• Price per Share: $0.155.
• Maximum Gross Proceeds: $4,185,350.
• Closing Timeline: Anticipated February 2026, subject to customary conditions and TSX Venture Exchange approval.
• Hold Period: Securities will be subject to a four‑month hold period under applicable securities laws.
• Insider Participation: Insiders expected to subscribe for 483,870 shares; transactions qualify as “related party transactions” but are exempt from formal valuation requirements under MI 61‑101.
• Use of Proceeds: Continued exploration of critical mineral projects and general corporate purposes.
• Commission/Finders’ Fee: May be paid to eligible parties pending TSX approval and compliance with securities laws.
• Regulatory Statements: The release includes standard forward‑looking statements and U.S. securities law disclaimer.

Notable Quotes

“This private placement will enable Nio to advance and demonstrate that key critical mineral projects can be executed in respect of the environment using safe, sustainable, green mining processes and in collaboration with various stakeholders including both governments,” said Hubert Marleau, Executive Chairman & CEO.

All non‑material boilerplate, forward‑looking disclaimer language, and “About the Company” sections have been omitted for brevity.