Niocorp Developments Ltd (NB): On April 15, 2024, the Company received...

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Friday, 05/03/2024 9:12:47 AM

Friday, May 03, 2024 9:12:47 AM

On April 15, 2024, the Company received the Preliminary Project Letter (the “PPL”) from EXIM. The PPL is a summary of EXIM’s initial due diligence findings and also includes a preliminary Indicative Term Sheet. Management is working with EXIM to continue to advance the project through the next stages of EXIM’s due diligence and loan application process. We are currently unable to estimate how long the application process may take, and there can be no assurances that we will be able to successfully negotiate a final commitment of debt financing from EXIM.

https://www.sec.gov/ix?doc=/Archives/edgar/data/1512228/000153949724000937/n2574_x208-10q.htm

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