Niocorp Developments Ltd (NB)

[monocle]

It will be interesting to see what, if any, help we get from the federal government. I like the sound of this.

Encourage the National Defense Stockpile to enter into purchase agreements with prospective producers of
strategic and critical materials prior to the onset of domestic production. Section 303(a)(1) of the Defense
Production Act (50 U.S.C. Appx. §2093(a)) authorizes the DoD to encourage greater domestic production of
critical and strategic materials by engaging in “commitments to purchase” strategic and critical materials. This
could take the form of forward purchase agreements from prospective U.S. producers prior to the onset of
commercial production. Such forward purchase agreements could be structured so that they are contingent on
future appropriations. Such agreements would greatly assist prospective producers in raising project development