Niocorp Developments Ltd (NB)

[Truth and Transparency]

The boys in Colorado are just collecting their checks while waiting for financing to come in so they can finish the FS!!!! It is absolutely insane how management pumped up this merger, convincing shareholders to vote for the 1 for 10 reverse split, only to witness the complete collapse of the share price because they failed to produce a single cent from the merger.

Then to hear Mark Smith proclaim he had his doubts about the success of the merger. Why the hell would he give the sponsors of the SPAC majority control of Niocorp when they failed to provide any financing?!?!?! I sure hope they have an answer soon or investors will be calling for an investigation.

FACT: We are no further along today than we were before the merger. Unfortunately, we are worse off with a loss of $300 million in market cap and lows that shareholders have not seen in over a decade. Not to mention the massive dilution of shares and handing majority ownership to the clowns from the failed GX SPAC.