Niocorp Developments Ltd (NB)

[Truth and Transparency]

Lind, Yorkville, and GXII come to Mark Smith and lay out their deals.

“Mark, have we got a deal for you! This deal will bring in top dollar to us at a premium to the shareholders and the company will loose hundreds of millions in market cap”. Mark: “Sounds fantastic, where do I sign?”

Seriously though, Mark has proclaimed there has been competitive tension between lenders for years. Yet, he gives up a tremendous amount of equity of the company to GXII in a deal that cost shareholders $$$ with nothing in return. Then he has to go to Lind and Yorkville to keep the lights on and pay their ridiculous salaries and bonuses with toxic financing?!?! It appears we’ve had a lot of smoke blown up our arses over the years 🤬