Nio Strategic Metals Announces Share for Services Agreement

Rhea-AI Summary

Nio Strategic Metals (OTC: NIOCF) announced a proposed shares for services agreement to settle an aggregate of $27,300 of outstanding debt by issuing 210,000 common shares at a deemed price of $0.13 per share. The issuance is proposed under TSXV policies and is subject to TSX Venture Exchange approval. Management said the services related to the issuance were instrumental to the flow-through shares issuance announced on December 19, 2025. The transaction will proceed only after required filings and exchange approval.

Positive

• $27,300 of debt proposed to be settled with equity
• 210,000 shares allocated to satisfy outstanding obligations
• Deemed price set at $0.13 per share for the settlement

Negative

• Issuance of 210,000 shares will dilute existing shareholders
• Transaction is subject to TSXV approval, creating execution risk

Montreal, Quebec--(Newsfile Corp. - January 15, 2026) - Nio Strategic Metals Inc. (TSXV: NIO) (OTC Pink: NIOCF) ("Nio" or the "Corporation"), a critical mineral exploration company, today announced, subject to the filings with and the approval from the TSX Venture Exchange (the "TSXV"), that it intends to enter into a shares for services agreement (the "Agreement") to satisfy an aggregate of $27,300 of the Corporation's outstanding debt. An aggregate of 210,000 common shares in the capital of the Corporation (the "Shares") at a deemed price of $0.13 per Share are proposed to be issued in accordance with the policies of the TSXV.

The Board of Directors and Management of Nio believe that these services were instrumental at the time of the flow-through shares issuance announced last December 19, 2025.

About Nio Strategic Metals

Nio Strategic Metals is an exploration and development company, with a focus on becoming a ferroniobium producer. The Corporation holds niobium properties located in Oka and near Mont-Laurier and another exploration property in the Province of Québec.

For more information on the Corporation, please refer to the Corporation's public documents available on SEDAR (www.sedarplus.ca) or on the Corporation's website (https://niostratmet.com/) or contact:

Bruno Dumais, Chief Financial Officer
bdumais@niometauxstrategiques.com
514-560-7623

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America.

Cautionary Statement on Forward-Looking Information

This news release contains forward-looking statements and forward-looking information (together, "forward looking statements") within the meaning of applicable Canadian securities laws. Statements, other than statements of historical facts, may be forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved", the negative of these terms and similar terminology although not all forward-looking statement contains these terms and phrases. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors set out in Nio Strategic Metals' annual and/or quarterly management discussion and analysis and in other of its public disclosure documents filed on SEDAR at www.sedarplus.ca, as well as all assumptions regarding the foregoing. Although Nio Strategic Metals believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frame or at all. Except where required by applicable law, Nio Strategic Metals disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280498

FAQ

What did Nio Strategic Metals (NIOCF) announce on January 15, 2026?

Nio proposed a shares for services agreement to settle $27,300 of debt by issuing 210,000 common shares at a deemed price of $0.13 per share, subject to TSXV approval.

How many shares will NIOCF issue to settle the $27,300 debt?

The company intends to issue 210,000 common shares at a deemed price of $0.13 per share to satisfy the aggregate $27,300 debt.

Is the NIOCF shares-for-services issuance final and effective immediately?

No, the issuance is proposed and subject to filings with and approval from the TSX Venture Exchange before it becomes effective.

What impact will the proposed NIOCF share issuance have on existing shareholders?

Issuing 210,000 additional shares will increase the total share count and cause dilution to existing shareholders if approved.

Why did Nio Strategic Metals issue shares for services related to the December 19, 2025 flow-through issuance?

Management indicated the services were instrumental at the time of the flow-through shares issuance on December 19, 2025, and the shares-for-services agreement is proposed to satisfy those outstanding obligations.

Where can investors find confirmation that the NIOCF transaction was approved by the exchange?

Exchange approval will be required; investors should watch for a subsequent filing or announcement confirming TSXV approval and completion of the issuance.