NioCorp Reschedules 2023 Annual General for January 19, 2024

CENTENNIAL, CO / ACCESSWIRE / November 21, 2023 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)(TSX:NB) has rescheduled its 2023 Annual General Meeting ("AGM") for Friday, January 19, 2024 starting at 10:00 AM Mountain time. The meeting will be held at 7000 S. Yosemite Street, Lower Level Conference Room, Centennial, Colorado, 80112. The new date provides the Company with additional time to complete the process for selecting a new external auditor.

Shareholders of record as of November 21, 2023, are able to vote their shares on the proposals to be considered at the AGM either by proxy in advance of the meeting or at the meeting. Proxy or voting instructions must be received in each case no later than 10:00 a.m., Mountain time, on January 17, 2024, or no later than 48 hours before the AGM is reconvened following any adjournment or postponement. The Notice of Meeting, Management Information and Proxy Circular, form of proxy relating to the AGM, and the Company's 2023 Annual Report will be made public no later than December 8, 2023.

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FOR MORE INFORMATION:

Jim Sims, Corporate Communications Officer, NioCorp Developments Ltd., [phone], [e-mail]

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ABOUT NIOCORP

NioCorp is developing a critical minerals project in Southeast Nebraska that will produce niobium, scandium, and titanium. The Company also is evaluating the potential to produce several rare earths from the Project. Niobium is used to produce specialty alloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a specialty metal that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various lightweight alloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as neodymium, praseodymium, terbium, and dysprosium are critical to the making of Neodymium-Iron-Boron ("NdFeB") magnets, which are used across a wide variety of defense and civilian applications.