Niocorp Developments Ltd (NB)

[SkiFunds]

I’m not sure why you are saying that this is a bad deal for you. To me this deal is much better than I expected. Up to $300 million cash infusion, immediate listing on NASDAQ, options for additional cash, and access to listed warrants for a very low cost. If you thought that they could get financing and listed without dilution, then I guess I can see why you would be disappointed and figure that any deal would have left you that way.

If you want to do something to put yourself back in a better position this deal actually gives you a mechanism to do that. You can control a large amount of shares for a small amount of $ by purchasing warrants. Right now you can control about 55,900+ shares for $1000. The strike price is $1.028 and they don’t expire until the project will be well under construction in March of 2026. Not something that most deals would have available.