Replies to post #40429 on Niocorp Developments Ltd (NB)

[PutzMueler]

I believe the Archie lake and Australia properties both have royalty rights or a percentage of ownership for NioCorp. Those were pretty much the first two items Mark S dealt with when he came on board
I’m sorry I don’t know the exact details but that was the last I heard so as far as I know, we still have a hand in both properties.

[tedro84]

I believe they still own both, but have not asked for confirmation. Given that neither appears in any recent 10k, I view the current value as negligible.

They did try to sell a majority stake in Archie Lake in 2014, but the buyer did not meet the conditions of the agreement. I've never found any additional information on jungle wells.

http://niocorp.com/index.php/press-releases/206-niocorp-meets-conditions-on-archie-lake-offering-commitments-surpass-10m

https://www.elyseedevelopment.com/projects/archie-lake-saskatchewan

http://niocorp.com/index.php/archie-lake-uranium-rare-earth