Replies to post #124642 on Niocorp Developments Ltd (NB)

[PutzMueler]

I was wondering about just this without knowing the actual language/ terminology. .
I remember mentioning it when Ken Griffin bought into the company with his first round $$, investment in NioCorp.
And now he has at least 10%

In mergers and acquisitions (M&A) a Creeping Takeover, also known as Creeping Tender Offer, is the gradual purchase of the target company's shares. The strategy of a creeping takeover is to gradually acquire shares of the target through the open market, with the goal of gaining a controlling interest.

I’m glad the company is on top of it.

https://corporatefinanceinstitute.com/resources/valuation/creeping-takeover/

[Rader1977]

At the close of business on December 4, 2025 (the “Record Time”), one right (a “Right”) will be issued and attached to each common share of the Company (“Common Share”) outstanding as at the Record Time.

Niocorp's Town Halls in Elk Creek take place December 5. Now we know the reason for the event.

[ColdDarkHole]

Well this is interesting indeed. Happens 12-4 and picnic on 12-5? Does anyone think this statement is official and correct, but with maybe unofficial backroom knowledge or educated guesswork on behalf of management? Did they adopt this just because its a good idea with no other motives? I'm sure its just coincidence. Just funny thats all.

The Rights Plan was not adopted in response to any specific take-over bid or other proposal to acquire control of the Company, and the Company is not aware of any such pending or contemplated take-over bid or other proposal.