Niocorp Developments Ltd (NB)

[Truth and Transparency]

* NioCorp held it's first in-person meetings with Washington D.C. policy makers, Congressional representatives and governmental loan authorities.

* Niocorp held a Town Hall in Elk Creek that was attended by the governor of Nebraska - who enthusiastically supported the project.

* Demo Plant results produced much higher than expected recovery rates for the proven resources available at the mine site.

* A Geotechnical Survey was completed at Elk Creek, with 16 new boreholes and 20 test pits initiated across one square mile at the site, analyzing soil samples and generating data for engineering design firms that are continuing to finalize plans for the potential construction of the facility.

* A new partnership with Nanoscale Powders LLC.

* The BOD was put on notice - Anyone not fully committed to this project was given their walking papers, which some suspect was the catalyst for Fernanda Reda Fenga Viana Klamas to resign.

* Mark Smith and Dean Kehler met with stakeholders in Europe, reassuring them of the project's progress and instilling investor optimism.

1) Government loans come with tons of red tape and regulations.

2) Niocorp shareholders were sold a bag of crap at the town hall that was held before the vote. The majority of those Nebraskan investors are not ignorant rednecks and realize now that they have been hoodwinked. FYI, yes the current governor attended and he is well aware of the fact local investors are not happy. State senators are aware of as well.

3) The demo plant has been in operation for over a year and the final results have yet to be determined to the point that they will meet the scrutiny of a feasibility study. The third one at this point!

4) Nothing of the surface drilling has proven to be definitive proof of any construction.

5) Andrew Matheson, who gave Niocorp the price point of Scandium is the president and founder…..there goes the impartial pricing of Scandium in the feasibility study!

6) The BOD has been infected with two individuals with a sordid history of shady business dealings and Fernanda Reda Fenga Viana Klamas wanted to preserve her reputation by resigning.

7) Mark Smith and Dean Kehler met with European shareholders to appease Walter and calm the storm that was brewing against him.

Prove me wrong, you can’t! Time for you and the majority of the shareholders here to call for an overhaul of management and the BOD. I suggest everyone to reach out to Fernanda Reda Fenga Viana Klamas and ask why she resigned!!!!