NioCorp Developments (NB) Registration filing summary

Company overview and business model

• Focused on developing the Elk Creek Project in Nebraska, targeting niobium, scandium, titanium, and rare earth elements for use in superalloys, high-strength steel, fuel cells, and decarbonization technologies.

• Business strategy centers on advancing the Elk Creek Project to commercial production and securing project financing for mine development and construction.

• Common shares are listed on Nasdaq under the symbol "NB".

Financial performance and metrics

• Incorporated financial statements by reference, including annual and quarterly reports, with recent audits noting going concern risks.

• As of June 12, 2024, 37,576,647 common shares were issued and outstanding.

Use of proceeds and capital allocation

• Net proceeds are expected to be used for working capital, general corporate purposes, and advancing construction and commercial operation of the Elk Creek Project.

• No specific material uses for proceeds have been identified as of the filing date; details will be provided in future supplements if determined.