CENTENNIAL, Colo., Dec. 15,
2022 /PRNewswire/ -- NioCorp Developments Ltd.
("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) announces the
details of the voting results from the election of directors at its
2022 Annual General Meeting (the "AGM"), held on December 15, 2022 in Denver, CO.
At the AGM, the following seven nominees were elected as
Directors of the Company to serve until the next annual meeting of
shareholders of the Company, or until their successors are elected
or appointed. The results of the voting were as follows:
|
Name of
Nominee
|
Votes For
|
Percent
|
Votes
Withheld
|
Percent
|
|
Mark A.
Smith
|
53,635,875
|
97.32 %
|
1,475,510
|
2.68 %
|
|
Michael J.
Morris
|
53,770,413
|
97.57 %
|
1,340,972
|
2.43 %
|
|
David C.
Beling
|
51,810,571
|
94.01 %
|
3,300,814
|
5.99 %
|
|
Anna Castner
Wightman
|
51,727,409
|
93.86 %
|
3,383,977
|
6.14 %
|
|
Nilsa
Guerrero-Mahon
|
53,879,306
|
97.76 %
|
1,232,079
|
2.24 %
|
|
Fernanda Reda Fenga
Viana Klamas
|
53,776,778
|
97.58 %
|
1,334,607
|
2.42 %
|
|
Peter Oliver
|
54,035,162
|
98.05 %
|
1,076,224
|
1.95 %
|
Shareholders also voted in favor of: (i) setting the number of
directors for the ensuing year at seven; (ii) re-appointing BDO
USA, LLP as auditors of the
Company; (iii) the approval, on a nonbinding, advisory basis, of
the compensation of the Company's named executive officers; and
(iv) on a nonbinding, advisory basis, the option of "EVERY YEAR" as
the preferred frequency with which the Company should conduct
future shareholder advisory votes to approve the compensation of
the Company's named executive officers.
@NioCorp $NB $NIOBF #Niobium #Scandium #rareearth #ElkCreek
For More Information:
Contact Jim Sims, VP of External
Affairs, NioCorp Developments Ltd., 303-503-6203,
jim.sims@niocorp.com
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 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 specialty metal 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 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.
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SOURCE NioCorp Developments Ltd.