Niocorp Developments Ltd (NB)

[walterc]

Walter -

There is no expiration covering negotiations that are ongoing between NioCorp and Stellantis.  The only element of our current agreement with Stellantis that expired was a 60-day exclusivity period during which NioCorp agreed not to execute a rare earth offtake agreement with any party other than Stellantis.  Both parties agreed to allow that exclusivity period to expire given the positive progress that was being made toward final agreements.  Current negotiations are proceeding well and, while nothing is certain until final agreements are executed, we look forward to achieving both a rare earth offtake contract as well as agreements related to a significant equity investment in NioCorp by Stellantis.
 
Thx,
 
Jim Sims
Chief Communications Officer
NioCorp Developments Ltd.
mailto:[e-mail]
 [phone]
 
 
From: Walter Caers
Subject: Stellantis
 
 
Jim
 
The 45-60 day period for the Stellantis deal have passed.
Does that mean that there are problems to close the deal?
Is Niocorp management still optimistic that a positive deal will be closed in the near future?
 
walter Caers