Niocorp Developments Ltd (NB)

[Truth and Transparency]

Prudent Capitalist could not argue the truth behind everything you just stated. It’s absolutely sickening to see how Niocorp management has done the retail investors who have backed them for all these years. My biggest regret is believing in these guys, allowing myself to be convinced they were honest and trustworthy. They proclaimed that the GXII was going to be what we needed.

The GXII merger has shown to be a complete failure. After one year, we have lost hundreds of millions in market cap. We have added millions of shares of dilution. We are nearly 80% below where we were before the merger. I can not fathom why Dean Kehler and Michael Masseli were appointed to the BOD. I believed in them and I regret that. It will be very difficult for Niocorp management to gain investor’s trust and support back.