Replies to post #95016 on Niocorp Developments Ltd (NB)

[Skiluc]

Sure, lets just completely side step the funds needed to start development of the mine. Undeniable.

Lets sink a shaft, and drill more. Cause again, the depth and width of the reserve is still unknown… as purity grows deeper.

Undeniable.

[iii_john]

from the prospectus:

The Articles of NioCorp, as amended in connection with the Transactions (the “Amended Articles”), permit us to issue an unlimited number of Common Shares without seeking shareholder approval.

The Amended Articles permit us to issue an unlimited number of Common Shares. It is anticipated that we will, from time to time, issue additional Common Shares in the future. Subject to the requirements of the British Columbia Business Corporations Act (“BCBCA”), Nasdaq and the TSX, we will not be required to obtain the approval of the NioCorp shareholders for the issuance of additional Common Shares. Any further issuances of Common Shares will result in immediate dilution to existing shareholders and may have an adverse effect on the value of their shareholdings.

[PutzMueler]

I totally agree with you about raising money at the year low all the time.

No argument to that point.