on The Market Herald (CVE:AFX)
NiobiumX Mining Inc. Begins Trading Under "NIOX" on Canadian Securities Exchange
NiobiumX Mining Inc. has officially started trading on the Canadian Securities Exchange under the symbol "NIOX" as of July 17, 2026. This marks the company's transition from lithium exploration to niobium and rare earth element (REE) exploration in Quebec's Saguenay region. The transition follows their acquisition of the Shipshaw Property earlier this year.
The 2,686-hectare Shipshaw Property is located near the Niobec mine, North America's sole active niobium producer. The Government of Quebec characterizes this site as one of five niobium-rare earth carbonatite systems. Niobium is a critical mineral in several regions worldwide, enhancing steel and superalloy strength.
NiobiumX has also formed marketing agreements with Altura Media Co Inc. and Connect 4 Marketing Ltd. to boost digital marketing efforts. Furthermore, 955,000 restricted share units have been granted to consultants, reflecting the company's strategic growth plans.
R. E.
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