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Re: CritM3 post# 88007

Thursday, 12/22/2022 9:38:09 PM

Thursday, December 22, 2022 9:38:09 PM

Post# of 113248
CM3. They do not have approval of the merger yet so cannot set a date for the vote. They will provide it once the approval is recieved.

I think this is a preliminary filing of the eventual vote solicitation that will be mailed to Shareholders. Seems like they are providing answers to questions in a fairly understandable form, and getting shareholders ready for the eventual vote for the merger.

Examples:

Q: If I sell my GX Class A Shares shortly before the completion of the Transactions, will I still be entitled to receive NioCorp Common Shares?
A: No. In order to receive the NioCorp Common Shares upon completion of the Transactions, you must hold your GX Class A Shares through the effective time of the Transactions.

Q: Do any of the directors or officers of NioCorp or GX have interests in the Transactions that may differ from or be in addition to my interests as a shareholder?
A: Except as disclosed in this joint proxy statement/prospectus, none of NioCorp’s directors or executive officers, nor any person who has held such a position since the beginning of NioCorp’s last completed financial year, nor any associate or affiliate of the foregoing persons, has any substantial or material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in the Transactions.

They list what they will be asked to vote on. (Page 15)

Q: What am I being asked to vote on and what vote is required to approve each proposal?
A: NioCorp Proposal No. 1?— To approve the issuance of NioCorp Common Shares to GX Stockholders in connection with the Transactions and the possible creation of Sponsor as a control person (the “Share Issuance Proposal”).

Q: What do NioCorp Shareholders need to do now?
A: NioCorp urges you to read this joint proxy statement/prospectus carefully, including the attached annexes, as well as the documents that have been incorporated by reference into this joint proxy statement/prospectus. We encourage you to submit a proxy to have your NioCorp Common Shares voted as soon as possible.

It provides a lot of information to GXII shareholders. People with a lot of questions might want to have a look.

https://ih.advfn.com/stock-market/USOTC/niocorp-developments-qx-NIOBF/stock-news/89844382/registration-statement-for-securities-to-be-issued
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