Slide 1: Building Ontario's Battery Future
BUILDING ONTARIO’S BATTERY FUTURE COMMITTED TO COMMUNITY March 2021 Photo by Magda Biernat ESGI
Slide 2: Forward Looking Statements
Forward Looking Statements The reader is advised that the PEA summarized in this presentation is preliminary in nature and is intended to provide an initial, high-level review of the project’s economic potential and design options. The PEA mine plan and economic model includes numerous assumptions a
Slide 3: Disclaimer
Disclaimer NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes Under the United States Securities and Exchange Commission’s (the “SEC”) Industry standards for all public disclosure an issuer makes of scientific and technical Guide 7 as currently in effect (“Guide
Slide 4: Our Vision
Our Vision To become a leading Critical Metals producer, to the electrification of vehicles, other high-technological applications and in the fight against climate change, that applies leading ESGI policies and practices. TSXV:NBY 4
Slide 5: Who We Are - The Team has
Who We Are - The Team has: • Discovered, built and operated mines. • Permitted the Canadian Malartic, Victor and Detour Lake mines in the territory where we operate. • Deep knowledge of the Niobium businesses. • Extensive experience with the only Niobium mine in North America. • Marketed and sold ni
Slide 6: Corporate Structure
Corporate Structure Stock Symbol NBY - TSX-V Major Shareholders (fully diluted) Share Price $1.10 Osisko Development Inc. 15% Undisclosed Mining Co. 9.9% Shares Outstanding 70 M Caisse Dépôt Placement 9.9% Options 4M Management 7% Warrants 9M Market Cap $77 M Cash on hand $13 M 52-week High/Low $0.2
Slide 7: What is Niobium?
What is Niobium? • Niobium (Nb) is a naturally occurring refractory transition metal with impressive characteristics: • High heat resistance • High durability • Highly stable • These properties have led to the incorporation of Niobium in its most stable form of niobium oxide (Nb2O5) in a wide array
Slide 8: Niobium Battery Technology
Niobium Battery Technology Trade-off Between Main Lithium-ion Battery Technology • Going Electric: #1 Adoption Criteria - Charging Time! • Toshiba’s Next-generation SCiB battery anode is made of Niobium Titanium Oxide (NTO) • Aims to support smart mobility in the age of MaaS (Mobility as a Service)
Slide 9: Niobium Battery Value Proposition
Niobium Battery Value Proposition Taxi fleet PHEV Power tools Charging Niobium Battery is ideal for MaaS and autonomous robots 9 TSXV:NBY
Slide 10: Our Asset
NioBay! METALS Our Asset TSXV:NBY 10
Slide 11: James Bay Niobium Project
James Bay Niobium Project Description Project Map • 42 km south of Moosonee, in the James Bay Lowlands, Ontario, Canada • Airport (2 runways, 1.2km & 1km) • Rail line from Cochrane • Powerline 38 km away • Winter Road (Wetum Road) – 12km away • Located within Moose Cree First Nation Homeland • Miner
Slide 12: Preliminary Economic Assessment
Preliminary Economic Assessment • Completed in October 2020 • Prepared by G Mining Services • Studied three possible mining scenarios • All scenarios have very robust economics and long mine life • Production estimates to target ~5% of world market share • Company moving towards a Pre-Feasibility St
Slide 13: PEA Financial Summary
PEA Financial Summary Based on <5% World Market Share –EV Market will Explode the demand Open Pit Open Pit + UG Undergroun d Economic Impact After-Tax Internal Rate of Return (IRR) 27.5% 27.0% 21.6% After-Tax Net Present Value (NPV) 8% $1,008 M $856 M $733 M • $500 million upfront investment After-T
Slide 14: Committed to Community
Committed to Community • James Bay Niobium (JBN) is located within Moose Cree First Nation (MCFN) traditional territory. • The Project will also positively impact the municipality of Moosonee. • MCFN is familiar with mining - previously signed development agreements with DeBeers and Detour Gold. MCF
Slide 15: Path Forward
Path Forward 2020 Success 2021 Objectives • Completion of a 3,090 m drilling program • 12,000 m infill drilling program • Updated resource estimate • Upgrade resources from Inferred to Indicated • Indicated: 29.7 Mt at 0.53% Nb2O5 for 158 Mkg • Explore high-grade zone raking north • Inferred: 33.8 M
Slide 16: Why NioBay?
Why NioBay? Minable Historic Resource with Team Capable of Bringing it to Production Value Proposition Experienced Team - Stunning Asset Why NioBay? A Team that has Built Mines in the Region • Ex-Niobec Leadership • Very Robust Project Economics • After tax - $1B NAV(8) & 27.5% IRR • Ex-Detour Gold
Slide 17: Board & Management
Board & Management Management Directors Claude Dufresne, P. Eng. - President & CEO Serge Savard - Chairman + 20 years Nb business: Ex-NHL, Businessman, Real Estate Iamgold, Camet, Cambior Derek Teevan, MES - VP ESG & Indigenous Jacques Bonneau, P. Geo - Director Communities Ex-Mazarin/ Niobec + 20 y
Slide 18: Thank You!
Thank You ! Claude Dufresne, P.Eng. President & CEO NioBay Metals Inc 300-1100 Ave Canadiens-de-Montreal Montreal, QC H3B 2S2 cdufresne@niobaymetals.com TSXV:NBY 18