Replies to post #84466 on Niocorp Developments Ltd (NB)

[reading]

'At the closing of the Transaction, GXII shareholders will receive NioCorp common shares based on a fixed exchange ratio of 11.1829212 (the “Exchange Ratio”) NioCorp common shares for each GXII Class A common share held and not redeemed'.

So I'm afraid the Exchange ratio has been set in stone, see page 3 Q&A.

However the ratio of the reverse stock split is yet to be determined (page 4 Q&A).

[Landmark8211111]

My readings and my understanding are - the DEAL is DONE?? and to back out of the deal will cost SOMEONE ( $30M)!

“Which might be doable if the deal is too good to refuse! ” Fantastic Deal
!
Now there might be SOME flexibility? shrug

I personally don’t like our exchange ratio — but maybe I don’t understand the fine print?

Quote:
“Some need to understand the exchange ratio is not set in stone, and can be modified at anytime.
Or, and i dare even say likely, that a better deal comes along all together”.

LM