Replies to post #75904 on Niocorp Developments Ltd (NB)

[Prudent Capitalist]

News out!

Nebraska Grants Extension to NioCorp of Construction Start Date Under the Elk Creek Project Air Permit

CENTENNIAL, Colo. (November 11, 2021) – NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX:NB) (OTCQX:NIOBF) is pleased to announce that the Nebraska Department of Environment and Energy (“NDEE”) has granted to NioCorp an extension until April 4, 2022, as to when construction must be initiated at the Company’s Elk Creek Superalloy Materials Project (the “Project”) under the current construction air permit.

The Project’s construction air permit was issued by NDEE on June 2, 2020, and requires that “construction, reconstruction, or modification of the source” be commenced within 18 months of the permit’s issuance. The six-month extension recently granted by NDEE was based on the date of the Company’s October 4, 2021, request for such an extension.

“We very much appreciate the NDEE’s granting of this extension,” said Scott Honan, NioCorp’s Chief Operating Officer, “and we look forward to the onset of construction-related activities at the Project site, in compliance with the permit, once we have obtained sufficient project financing to proceed.”
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