CENTENNIAL, Colo., Nov. 29, 2021 /PRNewswire/ -- NioCorp
Developments Ltd. ("NioCorp" or the "Company")
(TSX: NB; OTCQX: NIOBF) announces that it is no longer able
to present at the upcoming H.C. Wainwright Mining Conference,
previously scheduled for Tuesday, November
30, 2021, at 11 a.m. Eastern
Time.
"NioCorp has a conflict in timing with this conference and we
will not be able to participate. I very much look forward to
participating in the next conference hosted by the great team at
H.C. Wainwright," said Mark A.
Smith, NioCorp's CEO and Executive Chairman.
NioCorp $NB $NIOBF #Niobium #Scandium #rareearth #ElkCreek
#HCWainwright
For More Information
Contact Jim Sims, VP of External
Affairs, NioCorp Developments Ltd., 303-503-6203,
jim.sims@niocorp.com, https://www.niocorp.com
About NioCorp
NioCorp is developing a superalloy materials project in
Southeast Nebraska that will
produce Niobium, Scandium, and Titanium. The Company also is
evaluating the potential to produce several rare earth byproducts
from the Project. Niobium is used to produce superalloys 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 superalloy material 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 superalloys 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.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release may constitute
forward-looking statements, including statements regarding the
Company's expectation that it will present at a future H.C.
Wainwright Conference; that it will be successful in developing its
Superalloy Materials project to produce Niobium, Scandium,
Titanium, and several rare earth byproducts. Readers are
cautioned that such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause a
change in such assumptions and the actual outcomes and estimates to
be materially different from those estimated or anticipated future
results, achievements or position expressed or implied by those
forward-looking statements. Risks, uncertainties and other factors
that could cause NioCorp's plans or prospects to change include
risks related to the Company's ability to operate as a going
concern; risks related to the Company's requirement of significant
additional capital; changes in demand for and price of commodities
(such as fuel and electricity) and currencies; changes in economic
valuations of the Project, such as Net Present Value calculations,
changes or disruptions in the securities markets; legislative,
political or economic developments; the need to obtain permits and
comply with laws and regulations and other regulatory requirements;
the possibility that actual results of work may differ from
projections/expectations or may not realize the perceived potential
of NioCorp's projects; risks of accidents, equipment breakdowns and
labor disputes or other unanticipated difficulties or
interruptions; the possibility of cost overruns or unanticipated
expenses in development programs; operating or technical
difficulties in connection with exploration, mining or development
activities; the speculative nature of mineral exploration and
development, including the risks of diminishing quantities of
grades of reserves and resources; and the risks involved in the
exploration, development and mining business and the risks set
forth in the Company's filings with Canadian securities regulators
at www.sedar.com and the SEC at www.sec.gov. NioCorp disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events,
or otherwise.
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SOURCE NioCorp Developments Ltd.
