Niocorp Developments Ltd (NB)

[ge11]

PutzMueler-here is Jim's response to me for that question.

As I conveyed to several others this week, US Rare Earth Metals is a private company with which Techmet is involved. Mark is an investor in Techmet (also private) and Techmet is a major investor in US Vanadium (private as well). Mark and I have provided USREM with advice on rare earth markets and prospective rare earth and other mineral plays around the world.

Given that these are private companies, available information is typically much more limited than that released by public companies. I am not in a position to disclose any additional information about these companies.

Jim Sims

VP, External Affairs

NioCorp Development Ltd.

[e-mail]

C: 303-503-6203


On Dec 18, 2020, at 9:48 AM,

Jim,

Can you elaborate on the video in Techmet's website that has a picture of Mark Smith and yourself listed under the company USREM.

https://www.techmet.ie/



Thank you