Niocorp Developments Ltd (NB): Thank you for the explanation. One thing...

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Re: LCP77 post# 108771

Thursday, 02/22/2024 2:10:36 PM

Thursday, February 22, 2024 2:10:36 PM

Thank you for the explanation. One thing that would puzzle me though. For this situation to occur, Yorkville would start selling shares that they did not own but they are under agreement to take delivery of shares from Niocorp at a set time and price. What would happen if there was an agreement between EX-IM that came out in the interim and they are caught dead with short shares. Does NB place shares with them at a set price anyway.

These agreements are awful for retail shareholders because you are left in the dark. ATM financing is a much better approach but I do not think anyone at the company has the skills to implement them. You would need someone with expertise.

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