Niocorp Developments Ltd (NB)

[tedro84]

Considering there does not currently seem to a plan B, I sure hope they have something soon.

Two major group of risks rated high were identified during the session and were tagged having a
Mitigation Plan.
• Risks associated with market development of the scandium;
• Risks associated with a new hydrometallurgical process.
For those risks, the mitigation measures are planned to be put in place during the next phase of the
Project. NioCorp should continue and expand its efforts to engage potential offtake customers for all
of its three products, in particular Sc2O3.