Niocorp Developments Ltd (NB)

[Prudent Capitalist]

stark: I respectfully disagree. There was a vote on the merger well ahead of time, and GXII holders voted heavily in favor of the merger deal (around 96% in favor), but the decision and election on whether they would redeem their investment or have it go over to NioCorp in exchange of shares at the rate of .89 came right before closing which was after the banking crises arose. the decision and election with regard to redemption was a function for GXII holders in connection with the closing of the deal. We were all stunned and disappointed, as I believe was the management team, but it is water under the bridge at this point.