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NIO-METALS HOLDINGS ACQUIRES UNITS OF NIOCAN INC.
New York, New York – August 30, 2011. Nio-Metals Holdings LLC (“Nio-Metals”) announced that it
has entered into definitive subscription agreements with Niocan Inc. (“Niocan”) for the purchase, on a
private placement basis, of 1,750 units (the “Units”) at a purchase price of $1,000 per Unit, for an
aggregate gross price of $1,750,000 (all figures in Canadian Dollars). Each Unit is comprised of one
$1,000 principal amount of secured debenture (“Debenture”) and 520 transferable common share
purchase warrants of Niocan (each, a “Warrant”). Each Warrant expires on the day that is 3 years from
the date of the issuance of the Warrant. Each Debenture bears an interest rate of 12% per annum. The
principal amount and interest may be payable in cash or common shares of Niocan (“Common Shares”)
at Niocan’s sole option, with the number of shares to be determined based on a price that is the greater of
$1.45 per Common Share and a calculation based on the then current market price of Niocan’s Common
Shares. Niocan will also have the right to redeem the Debentures prior to maturity at a cash redemption
price of 105% of the principal amount. Each Warrant will entitle the holder thereof to purchase one
additional Common Share at a price of $1.45 until 5:00 p.m. on the day that is three years from the date of the issuance of the Warrant.


The Units are being acquired for investment purposes and Nio-Metals and/or one or more of its affiliates
may, depending on market and other conditions, increase or decrease its beneficial ownership of Common
Shares or other securities of Niocan whether in the open market, by privately negotiated agreement or
otherwise. 

Nio-Metals Holdings LLC is located at 535 Madison Avenue, 11th Floor, New York, NY 10022. A copy
of the report relating to this acquisition can be obtained from Michael Williams 646-365-1600 or on
Niocan’s profile at www.SEDAR.com.

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Niocan Announces Completion of Private Placement Financing with Nio-Metals Holdings LLC and Other Investors

 

Toronto, Ontario, September 6, 2011: Niocan Inc. (“Niocan” or the “Company”) (TSX-NIO)
announced today that the Company has received payment for all subscriptions and has
completed the issuance of an aggregate of 3,005 units (each, a “Unit”) at an issue price of
$1,000 per Unit, representing aggregate gross proceeds to the Company of $3,005,000 (the
“Private Placement”). The principal investor is Nio-Metals Holdings LLC (“Nio-Metals”) which
has purchased 1,750 of the Units.

Each Unit is comprised of one $1,000 principal amount of a secured debenture (“Debenture”)
and 520 transferable common share purchase warrants of Niocan (each, a “Warrant”). Each
Debenture will mature on August 30, 2012 and will bear interest at an annual rate of 12%. The
principal amount and interest may be payable in cash or common shares of Niocan (“Common
Shares”) at Niocan’s sole option (subject to certain limitations), with the number of shares to be
determined based on a conversion price of $1.45 per Common Share. Niocan will also have the
right to redeem the Debentures prior to maturity at a cash redemption price of 105% of the
principal amount. Each Warrant will entitle the holder thereof to purchase one Common Share
at a price of $1.45 (the “Exercise Price”) until August 29, 2014.

As required by the Toronto Stock Exchange, a maximum of 2,076,383 Common Shares may be
issued or made issuable to Nio-Metals in connection with the Private Placement. Consequently,
187,890 of the Warrants acquired by Nio-Metals may not be exercised without prior approval of
disinterested shareholders of Niocan, other than in certain circumstances. The remainder of the
Warrants acquired by Nio-Metals are not subject to these restrictions and may be exercised at
any time.

Further to the Company’s press release of August 29, 2011, the board of directors has
appointed Mr. Mark Wallace as a director to fill the vacancy created by the resignation of Mr.
Lars-Eric Johansson.

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: 48 claims covering 1604 acres as well as surface rights on 231 acres at Oka and
the Hudson Bay Great Whale Iron property covering 17,098 acres.
2000 rue Peel, bureau 760
Montréal (Québec) H3A 2W5
Tél: (514) 288-8506
Fax: (514) 843-4809


On behalf of the Board of Directors

For more information, please contact
Hubert Marleau
Interim Chairman of the Board and CEO
514-288-8506
514-843-4809 (fax)
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FOR ITS OKA NIOBIUM PROPERTY

MONTREAL, QC November 3ts 2011 – Niocan Inc. (TSX:NIO) today announced the refiling of its report on the mineral resources at its niobium property located in the Ste-Sophie range of Oka as per National Instrument 43-101 (“NI 43-101”) and the CIM mineral resources classifications. The report was prepared by Mr. Jean-Claude Caron P.Eng and Mr Serge Lavoie. Geological engineer and qualified person (QP) according to NI 43-101 rules. Mr. Caron (process engineer) and Mr. Lavoie (geologist) both worked at the former St. Lawrence Columbium property in Oka when it was in operation.
Following a comment letter received in July 2011, from the Autorité des Marchés Financiers regarding compliance with NI 43-101, modifications were made to the technical report entitled: “Modèle géologique et estimation des resources de niobium de la zone S-60, Oka, Québec”.

These are as follow:
The word ‘gisement’ was replaced by ‘Zone S-60’
The word ‘minerai’ was replaced by ‘minéralisation, ou carottes minéralisées’
Everytime that historical resources were mentioned it was spedified :These mineral resources are historical in nature and have not been validated by the independent qualified person. These mineral resources are not compliant with NI 43-101 and should not be relied upon.’

The report and the modifications were prepared by Mr. Serge Lavoie, geological engineer and qualified person (QP) according to NI 43-101 rules. Mr. Lavoie was a geologist at the former St. Lawrence Columbium property in Oka when it was in operation.

Additional drilling of the main deposit at Oka, the S-60 zone, was made by Niocan in 1995-1997 with 59 DDH, for a total of 21,976 meters. The steeply dipping cylindrical shaped deposit defined in the drilling campaign has an approximate dimension of 100m by 80m and extends 500 meters below surface. The deposit is still open at depth.

For more info

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Avis de Modification

Posted on November 08, 2011

Amendment Notice

Posted on November 10, 2011

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Niocan Announces Extension for the Repayment of its Secured Debentures with Nio-Metals Holdings and Other Investors

For immediate release

Montreal, Quebec, August 28, 2012. Niocan Inc. (“Niocan” or the “Company”)
(TSX-NIO) announced today that the Company has entered into Amendment
Agreements (the “Amendment Agreements”) with each of the holders of the
Secured Debentures Series 2011-I dated August 29, 2011 (the “Debentures”),
including Nio-Metals Holdings LLC.

Under the terms of the Amendment Agreements, the maturity dates of the
Debentures were extended from August 29, 2012 to August 29, 2013, and
Niocan’s right to redeem the Debentures prior to maturity at a redemption price of
105% of the principal amount has been amended, whereby Niocan may now
proceed to such redemption at any time starting February 28, 2013, and may
effect such redemption payment, either in whole or in part, not only through cash
payments but also, at its sole option, through the issuance of common shares in
the capital of Niocan ("Common Shares"), subject to certain limitations, at a
conversion price which is the greater of $1.45 per Common Share, subject to
adjustments, and the volume weighted average trading price of the Common
Shares for the five (5) trading days prior to the issuance of the Common Shares
less an amount equal to the maximum discount permitted under the rules of the
Toronto Stock Exchange.

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 and the Hudson Bay
Great Whale Iron property covering 17,098 acres.

On behalf of the Board of Directors

For more information, please contact:
Hubert Marleau
Interim Chairman, President and Chief Executive Officer
514-288-8506
514-843-4809 (fax)
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Niocan Inc. Considers Various Alternatives for the Uninterrupted Listing of its Shares

For immediate release

Montreal, Quebec – September 24, 2012 –Niocan Inc. (“Niocan” or the
“Company”) (TSX:NIO), announced that its board of directors is reviewing various
alternatives to maintain an uninterrupted trading platform for its shares. The board
of directors of the Company believes that it is in the best interests of the
shareholders of Niocan that the shares continue to have a forum for trading in an
orderly fashion.

Niocan had received notice from the Toronto Stock Exchange (the “TSX”) that the
TSX has commenced a review of the eligibility for continued listing of the
Company’s securities on the TSX. The Company currently does not meet certain
of the TSX’s listing requirements, including the minimum requirement for
expenditures on exploration and/or development work. The Company has been
granted 120 days to comply with all the TSX requirements. If the Company is
unable to demonstrate on or before January 24, 2012 that it meets the TSX
requirements for continued listing, the securities will be delisted 30 days from such
date.

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 and the Hudson Bay
Great Whale Iron property covering 17,098 acres.
On behalf of the Board of Directors

For more information, please contact:
Hubert Marleau
Interim Chairman, President and Chief Executive Officer
514-288-8506
514-843-4809 (fax)
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Niocan Announces Work Program and Additional Claims for its Great Whale Iron Property

For immediate release

Montreal, Quebec, November 1st, 2012. Niocan Inc. (“Niocan” or the “Company”) (TSX-NIO) announced today developments with respect to its Great Whale Iron Property (“GWIP”).

A total of 320 additional claims have been staked around the three primary targets of the Company’s GWIP, bringing this project’s total claims to 460.

The Company’s Board of Directors has also approved a new work program for its GWIP. A regional airborne magnetics survey will be conducted in the vicinity of the GWIP in mid-November and this work will be followed by a detailed airborne MAG-EM survey on the primary targets in early December 2012. The Company anticipates the final reports in January 2013. An analysis of this new data will help Niocan delineate targets of greater interest for ground and field based follow-up. The total estimated cost of this work program is $880,000.

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
Interim Chairman, President and Chief Executive Officer
514-288-8506
514-843-4809 (fax)
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Niocan Provides an Update on its Activities

For immediate release
Montreal, Quebec, December 10, 2012. Niocan Inc. (“Niocan” or the “Company”) (TSX-NIO) announced today an update on its activities.

The Company’s work program for its Great Whale Iron Property (“GWIP”), which was announced on November 1, 2012, is currently under way. A regional airborne magnetics survey is being conducted in the vicinity of the GWIP and this work will be followed by a detailed airborne MAG-EM survey on the primary targets. An analysis of the new data collected through these surveys will help Niocan delineate targets of greater interest for ground and field based follow-up.

The Company also announced today that on March 31, 2013, it plans to convert the Secured Debentures Series 2011-I dated August 29, 2011 as amended on August 29, 2012 (the “Debentures”), into common shares in the capital of Niocan, subject to the terms of the Debentures and any applicable regulatory or stock exchange approval. The Debentures bear a principal amount of $3,005,000.

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)
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Niocan Advances the Date of Conversion of its Debentures

For immediate release

Montreal, Quebec, January 10, 2013. Niocan Inc. (“Niocan” or the “Company”) (TSX-NIO) announced today that it has decided to advance the date of conversion of the Secured Debentures Series 2011-I dated August 29, 2011 as amended on August 29, 2012 (the “Debentures”) from the previously-announced date of March 31, 2013 to February 28, 2013. The Debentures will be converted into common shares in the capital of Niocan, subject to the terms of the Debentures and any applicable regulatory or stock exchange approval. The Debentures bear a principal amount of $3,005,000.

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)
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