Nio Strategic Metals Inc. (TSXV:NIO) entered into a share purchase agreement to acquire 1478472 B.C. Ltd. for CAD 0.4 million on May 1, 2024. As consideration for the SPA, the Company shall pay an aggregate of CAD 75,000 as a cash contribution and CAD 325,000 in common shares of the Company. The Acquisition contemplated by the SPA is anticipated to close before May 31, 2024.