Niocorp Developments Ltd (NB)

[RubeSilver]

There were supposed to be 5-6 other debt packages out there if the large lender A failed to deliver. There were being looked at 2020 into 2021. With this deal, shareholders will lose up to 90% of their shares and majority ownership of the stock upon completion of the SPAC. Could we not have used a shelf to issue 200-300 million shares at various levels and kept our shares.

Long term shareholders like myself and 40-50 others I put into this stock took the risk and do not reap the reward. Is there a guarantee that the stock will open at 10 post merger and immediately head to 20 or 30 soon after. It could go right back to 5 without support and who will be the ones providing support.

No one wants to have these arguments as we all should have been much wealthier by now. Why Mark used the phrase"imminent" in 2019 was because he was being told by a certain lender that a deal was there. That lender was our ticket to financial freedom until the ticket was torn up.

If the deal with GX is so wonderful, why is there no interest in NIOBF. Just too much uncertainty is the reason. I hope the deal works out for everyone. I sold 78,000 at approx. 1.05 and 85,000 at .81. Still have shares left. Niocorp has been basically a push for all the years and work I did. Time to move on and find another spec. who might be the golden goose.

Odabo Jack.