Niocorp Developments Ltd (NB): PROJECT FINANCING UPDATE The Company ha...

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Landmark8211111

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Landmark8211111

Re: Lard post# 88233

Saturday, 12/31/2022 2:19:09 PM

Saturday, December 31, 2022 2:19:09 PM

PROJECT FINANCING UPDATE
The Company has been pursuing financing for the Elk Creek Project along a number of tracks. This strategy maximizes the opportunity for the Project to receive financing from more than one source.
As many shareholders know, NioCorp secured “in-principle” eligibility in 2015 for a loan guarantee for between approximately $146 -$179 million from the German Government’s Untied Loan Guarantee program. This provisional loan guarantee approval has proven very helpful in providing a de-risking component to a comprehensive debt financing package.

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