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Re: monocle post# 123150

Friday, 10/10/2025 7:26:57 PM

Friday, October 10, 2025 7:26:57 PM

Post# of 129558
Here's my breakdown monocle.. thought meant shares issued mate... you are correct on remaining amount.
Here’s the breakdown of share issuances under the $200 million shelf registration, using the official
Subtotal Issued $175.8 M ~39.7 million shares 87.9% utilized
Remaining Shelf Capacity $24.2 M (~4.3 million shares est.) 12.1% available
⚙️ Summary:

Total authorized shelf: $200 million
Total utilized: $175.8 million (˜ 39.7 M shares issued) with warrants about 45m

Remaining capacity: ˜ $24.2 million (˜ 4.3 M shares)

🧭 What This Means:

Niocorp has roughly 12% of its current shelf still available, which can serve several strategic purposes:
Anchor investor entry (Scandium pilot/IBC JV funding — possible small-scale equity contribution.
Final offtake-linked placement before EXIM/DFC full financial close.

Are they going to use whats left or do they need more?
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