Niocorp Developments Ltd (NB)

[Nioman]

Exercise Price Warrants (C$) Expiry Date
260,483 0.73 August 15, 2020
1,458,792 0.75 September 14, 2020
283,413 0.66 September 28, 2020
1,028,785 0.75 September 28, 2020
308,901 0.62 October 31, 2020
355,132 0.54 December 6, 2020

In my opinion, the fall in the stock price has to do with the expiry of 3,695,506 warrants this upcoming months, a total of 2,616,175 cad that will go to niocorp, many of us and certainly the long-timers still have a lot of warrants in their pockets,it is logical that there are shareholders who sell at 0.95 cad and buy their warrants at for example, 0.75 or even cheaper, this will certainly affect the stock price the coming weeks, Unfortunately we will have to live with that,the good news is that a PP will not be necessary even if not all warants are bought,but I expect when announcing the big financial news, there will be not too much headwind, so GLTA