2013

FOR IMMEDIATE RELEASE

Niocan Inc. Announces Resignation of Director

MONTREAL, QUEBEC, November 12, 2013 ‒ Niocan Inc. (the “Corporation”) (TSX: NIO) announced today that Mr. Terence Ortslan has resigned as Director of the Corporation.

The Board of Directors thanks Mr. Ortslan for the services he has rendered to the Corporation over the years and wishes him all the best for his future endeavours.

For more information, please contact:

Hubert Marleau
Chairman, President and Chief Executive Officer
514-288-8506
514-843-4809 (fax)
Cette adresse e-mail est protégée contre les robots spammeurs. Vous devez activer le JavaScript pour la visualiser.

FOR IMMEDIATE RELEASE

Niocan Inc. Announces Change of Chief Financial Officer

MONTREAL, QUEBEC, July 26, 2013 ‒ Niocan Inc. (the “Corporation”) (TSX: NIO) announced today that Mr. Ron Amstutz has resigned as Chief Financial Officer of the Corporation and that he will be replaced by Mr. Bruno Dumais, CPA, CA, who will assume this position on August 6, 2013.

The Board of Directors thanks Mr. Amstutz for the services he has rendered to the Corporation over the years and wishes him all the best for his future endeavours.

For more information, please contact:

Hubert Marleau

Chairman, President and Chief Executive Officer

514-288-8506

514-843-4809 (fax)

Cette adresse e-mail est protégée contre les robots spammeurs. Vous devez activer le JavaScript pour la visualiser.

For immediate release

Niocan’s Shares Remain Listed on the TSX

tsxlistingMontreal, Quebec, March 1, 2013. Niocan Inc. (“Niocan” or the “Company”) (TSX-NIO) announced today that its common shares will remain listed on the TSX. Niocan was advised by the TSX that the TSX has completed its review of the common shares of the Company and that it has determined that Niocan meets the TSX’s continued listing requirements.

About Niocan
Niocan’s mission is to become a ferroniobium producer as soon as possible, following the issuance of a Certificate of Authorization from the Ministry of Sustainable Development, Environment and Parks for its Oka niobium property. Mining assets include mining rights in two (2) properties: 49 claims covering 1604 acres as well as surface rights on 231 acres at Oka, Quebec; and 460 claims covering 56,166 acres (22,741 hectares) at the Hudson Bay Great Whale Iron Property in Northern Quebec.

For immediate release

Niocan Completes the Conversion of its Debentures

Montreal, Quebec, February 28, 2013. Niocan Inc. (“Niocan”) (TSX-NIO) announced today that it has completed the previously announced conversion of the Secured Debentures Series 2011-I dated August 29, 2011 as amended on August 29, 2012 (the “Debentures”). The Debentures, which bore the principal amount of $3,005,000, have been converted into 2,176,035 common shares in the capital of Niocan.

About Niocan
Niocan’s mission is to become a ferroniobium producer as soon as possible, following the issuance of a Certificate of Authorization from the Ministry of Sustainable Development, Environment and Parks for its Oka niobium property. Mining assets include mining rights in two (2) properties: 49 claims covering 1604 acres as well as surface rights on 231 acres at Oka, Quebec; and 460 claims covering 56,166 acres (22,741 hectares) at the Hudson Bay Great Whale Iron Property in Northern Quebec.

For more information, please contact:
Hubert Marleau
Chairman, President and Chief Executive Officer
514-288-8506
514-843-4809 (fax)
Cette adresse e-mail est protégée contre les robots spammeurs. Vous devez activer le JavaScript pour la visualiser. Cette adresse e-mail est protégée contre les robots spammeurs. Vous devez activer le JavaScript pour la visualiser.

pdficon small View this press release in pdf

Niocan Announces Proposed Financing

jeudi, 24 janvier 2013 00:00

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA.

For immediate release

Niocan Announces Proposed Financing

Montreal, Quebec, January 24, 2013. Niocan Inc. (“Niocan” or the “Company”) (TSX-NIO) announces that it has entered into an agreement in principle with Nio-Metals Holdings LLC (“Nio-Metals”) pursuant to which Nio-Metals has agreed to subscribe for, by way of private placement, a unit comprising of $1,200,000 aggregate principal amount of secured subordinated debentures of the Company (the “Debentures”) and 1,000,000 warrants (the “Warrants”) to purchase common shares of the Company (“Common Shares”), representing aggregate gross proceeds to the Company of $1,200,000 (the “Private Placement”).

The Debentures will bear interest at a rate of 10% per annum and will mature 30 months from the date of their issuance, subject to the ability of the Company to repay them at any time without penalty. Each Warrant will entitle its holder to purchase one Common Share at a price of $0.50 at any time until the two year anniversary of the date of their issuance.

The closing of the Private Placement is subject to the execution of definitive agreements and the receipt of all applicable regulatory and stock exchange approvals. Given the Company’s desire to address its need for financing as expeditiously as possible, Niocan intend to prosecute all necessary approvals as quickly as possible to close the transactions as soon as practical.

Niocan intends to use the proceeds of the Private Placement to continue to fund its exploration and development activities and for general working capital purposes.

Niocan intends to proceed to a subsequent financing in approximately 6 months, the proceeds of which would be used to reimburse the Debentures. However, no assurance can be provided that such a financing will take place.

There are currently 20,803,833 Common Shares outstanding. Nio-Metals is an insider of the Company given that it currently owns 8,717,500 Common Shares, debentures in the principal amount of $1,750,000 which, as announced by Niocan on January 10, 2013, will be converted into 1,267,241 Common Shares on February 28, 2013, as well as 910,000 Common Share purchase warrants having an exercise price of $1.45 and an expiration date of August 29, 2014. The proposed Private Placement to Nio-Metals as described above has been approved by independent members of the Board of Niocan. In connection with the Private Placement, the Company intends to rely on available valuation and shareholder 
approval exemptions contained in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions as a result of the value of the Private Placement in relation to the market capitalization of the Company.

About Niocan
Niocan’s mission is to become a ferroniobium producer as soon as possible following the issuance of a Certificate of Authorization from the Ministry of Sustainable Development, Environment and Parks for its Oka niobium property. Niocan’s mining assets include mining rights in two properties: 49 claims covering 1,604 acres as well as surface rights on 231 acres at Oka, Quebec; and 460 claims covering 56,166 acres (22,741 hectares) at the Hudson Bay Great Whale Iron Property in Northern Quebec.

For more information, please contact:
Hubert Marleau
Chairman, President and Chief Executive Officer
514-288-8506
514-843-4809 (fax)
Cette adresse e-mail est protégée contre les robots spammeurs. Vous devez activer le JavaScript pour la visualiser.

pdficon small View this press release in pdf

Page 1 sur 2