Sent: June-30-14 4:06 AM
To: Shawn Westcott
Subject: Questions from shareholders
Hello Shawn,
After viewing the recent slide presentation, many of us shareholders on the message boards have questions.
Particularly about slide # 28.
Slide # 28 lists possible options as follows:
*Secondary offering with participation
*Sale of Elk Creek deposit to fortune 500 mining company
*Private equity purchase
*IPO
** NDA's with significant companies
Please explain each of these in detail and how they will affect us shareholders. Also, what will happen to our OTC shares, good or bad, if any of these above listed options happen?
Thank you,
Mike
Shawn's Response:
Hi Mike,
Slide 28 should have been removed a while ago. Niocorp's only plan is to take the deposit to production. Our goal is 7.5 million Kg of FeNb per year. We are aiming for early 2017.
I will get back to you in more detail on Wednesday, when i return from a day off. Tomorrow is Canada Day and the Canadian market will be closed.
-Shawn