Dec 12 (Reuters) - Niobay Metals Inc NBY.V
* Niobay metals inc - plans to complete a non-brokered private placement of up to 1.2 million flow-through shares at a price of c$0.85 per share
* Intends to use proceeds of offering to conduct exploration work on its canadian properties
* Niobay metals announces flow-through financing of up to $1,000,000 Source text for Eikon: ID:nCCN1l8zJl Further company coverage: NBY.V