Mr. Jim Sims reports

NIOCORP TO HOST LIVE INVESTOR WEBCAST ON JANUARY 19, 2024

Niocorp Developments Ltd. will host a live investor webcast at 8:30 a.m. Mountain Time on Friday, Jan. 19, 2023. Participants in the webcast must register on-line.

Niocorp's special guest for this webcast will be Dr. Andrew Matheson of NanoScale Powders, which is working with Niocorp on its phased commercialization program for aluminum-scandium master alloy.

Following Niocorp's presentation, a question-and-answer period will commence.

About Niocorp Developments Ltd.

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, armour 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 defence and civilian applications.

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