Niocorp Developments Ltd (NB)

[monocle]

When did I say 77? I posted this a while back, any thoughts?

Is the share count already much higher than 58,000,000 before this latest sale?? This is interesting and hopefully a typo or misinterpretation by me from last night's filing. If the last 3 on the list are accurate, and they can't be right?, the count with today's sale is 84,417,577 plus warrants and class B shares.

It says this on page s-1

Common Shares
Outstanding Prior to this
Offering(1) 58,799,273 Common Shares (as of July 15, 2025).

Then on s-2

(1) Does not include:


• Common Shares issuable upon exercise of any Pre-Funded Warrants offered hereby;

• Common Shares issuable upon exercise of outstanding stock options under the NioCorp Developments Ltd. Long-Term Incentive Plan, as amended (the “LTIP”);

• Common Shares reserved for future issuance under the LTIP;

• Common Shares issuable in respect of the commitment amount under the Standby Equity Purchase Agreement, dated January 26, 2023 (the “Yorkville Equity Facility Financing Agreement”), between the Company and YA II PN, Ltd. (“Yorkville”), a fund managed by Yorkville Advisors Global, LP;

• an aggregate of 7,325,627 Common Shares issuable under certain conditions upon exchange of shares of Class B common stock of the Company’s subsidiary, Elk Creek Resources Corp. (“ECRC”);

• an aggregate of 17,519,864 Common Shares issuable upon exercise of NioCorp Assumed Warrants;

• an aggregate of 11,918,231 Common Shares issuable upon exercise of other outstanding Common Share purchase warrants with a weighted-average exercise price of approximately $2.18;

• an aggregate of 1,063,462 Common Shares issuable upon exercise of pre-funded warrants issued on April 21, 2025 (the “April Pre-Funded Warrants”);

• Common Shares issued since March 31, 2025, including 6,952,350 Common Shares issued in connection with the Company’s underwritten registered direct offering that closed on April 21, 2025; and

• 3,752,492 Common Shares issued under the Yorkville Equity Facility Financing Agreement.

https://archive.fast-edgar.com/20250717/A8ZIQG2CZ2228ZZ2222C2ZZZJNMTZ3ESH272/