Niocorp Developments Ltd (NB): That is not true. Gxii shareholders have...

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scooter83

Re: jeunke22 post# 84579

Monday, 10/10/2022 4:26:53 PM

Monday, October 10, 2022 4:26:53 PM

That is not true. Gxii shareholders have redemption rights of $10 each plus accrued interest. Their $300 million is sitting in a trust account.

The sponsors are the ones who lose if unable to complete a business combination.

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