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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.

Niocan Completes $1.2 Million Private Placement

For immediate release

Montreal, Quebec, February 19, 2013. Niocan Inc. (“Niocan” or the “Company”) (TSX-NIO) announces that it has completed the previously announced private placement with Nio-Metals Holdings LLC (“Nio-Metals”) pursuant to which Nio-Metals has subscribed for 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.

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.

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)
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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)
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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.

Niocan Inc. Announces New Director

Posted on October 29, 2012

For immediate release

Niocan Inc. Announces New Director and Permanent CEO

Montreal, Quebec, October 29, 2012. Niocan Inc. (“Niocan” or the “Company”) (TSX-NIO) announced today that Mr. Joel Bell has joined its Board of Directors.


Mr. Bell was founding President and Chief Executive Officer of Canada Development Investment Corporation (CDIC). He was Executive Vice President and Chief Financial Officer of PetroCanada. He was jointly responsible in Northbridge Inc. for the establishment of two US TV networks and served as a Director. He was Executive Chairman of Power DirecTV. He founded the Maxlink Group of Companies as its President and CEO. He has served as President of a real estate development company in Paris. He has worked as a business development and financial advisor and served on the boards of a number of companies in natural resources, financial intermediation services, manufacturing, telecommunications and broadcasting.

He was Senior Economic Advisor to Prime Minister Pierre Elliot Trudeau and held a variety of positions with the Government of Canada, including: Special Advisor to the Department of Energy, Mines and Resources; Special Counsel to the Canadian Radio-Television Telecommunications Commission; Chairman of the Working Group on Foreign Investment; Special Advisor to the Minister of Consumer and Corporate Affairs; Staff Consultant to the Canada Department of Labour; Consultant to the Economic Council of Canada; and Research Officer with the Prime Ministerial Task Force on Labour Relations.

He has served as Chairman of the Council for Canadian-American Relations based in New York, as a Director of the Canada-France Business Council and is currently Chairman of the Chumir Foundation for Ethics in Leadership, an activity he founded.

Mr. Bell was educated in economics, political science and law at McGill University and did graduate studies in business, economics and law at Harvard University.

Niocan also announced today that Mr. Hubert Marleau has been appointed as permanent Chief Executive Officer of Niocan. Mr. Marleau has been a director of Niocan since 1999, and has held the position of Interim Chief Executive Officer of Niocan since January 2011.

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 Proposed Financing

Posted on January 24, 2013

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)
This email address is being protected from spambots. You need JavaScript enabled to view it.

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Be a Ferroniobium Producer

Posted on April 16, 2013

Underground, concentrator & converter for production

Great Whale Iron Property

Posted on April 16, 2013

Mineral Prospect, Magnetite Ore

Niobium and Steel

Posted on April 16, 2013

Niobium mining & metallurgical

Page 8 of 8