Niocorp Developments Ltd (NB): Lind funds failing projects all the time...

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Re: Landmark8211111 post# 40832

Wednesday, 08/29/2018 4:32:36 PM

Wednesday, August 29, 2018 4:32:36 PM

Lind funds failing projects all the time. I wouldn’t use that as an example. The convertible debt agreement gives them a hedge against falling stock prices. They get the warrants for the upside potential, but do not otherwise hold the common for any significant time. They make money with every conversion.

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