Niocorp Developments Ltd (NB): Monocle, all. Sent Jim Sims an email....

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Niocorp Developments Ltd (NB)

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Friday, 03/22/2019 9:28:56 PM

Friday, March 22, 2019 9:28:56 PM

Monocle, all.
Sent Jim Sims an email. Will post reply when received

Jim!

It appears that Niocorp has converted 3 months debt totalling $1,050,000 USD (3 * $350,000 USD) into 2,729,826 shares of common stock to Lind. increasing the total fully diluted shares from 272,418,123 shares to 275,147,949 shares. (A 2,729,826 share increase.)

The question: Want to confirm whether this was new debt issued in this first quarter or debt associated with older Lind warrrents previously issued (re covertable debit shown in Niorcorp Footnote 2 below)

Thanks

(Footnote 2 is from theInvestors/ Share Structure section at NIOCORP website. " This total (Fully diluted shares" does not include possible share issuances from approximately $4.1 million of convertible debt held by the Company.

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