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Lots of of Native Nebraskans Flip Out to Assist Elk Creek Important Minerals Mission
EXIM President and Chairman John Jovanovic Highlights the Elk Creek Mission As “Precisely the Sort of Alternative EXIM Was At all times Designed to Assist”
Nebraska Governor Jim Pillen Calls the Elk Creek Important Minerals Mission “One of many Biggest Deposits in the US of America”
A Full Replay of the City Corridor is Obtainable Right here: https://www.youtube.com/watch?v=fFqgDw4znUI
CENTENNIAL, CO / ACCESS Newswire / December 11, 2025 / Federal and state authorities leaders joined with native residents in Nebraska to talk out strongly in assist of NioCorp Developments Ltd. (“NioCorp” or the “Firm“) (NASDAQ:NB) and its Elk Creek Important Minerals Mission (the “Elk Creek Mission“), at jam-packed public City Corridor occasions in Nebraska on Friday, December 5, 2025.
Almost 600 attendees, together with native residents, authorities officers, and buyers, turned out for 2 of the most important City Corridor gatherings the Firm has ever held. Attendees obtained an in depth replace on the venture, requested questions over a number of hours with senior NioCorp administration, and voiced their assist for the venture.
“2025 has been nothing lower than an exceptional 12 months for NioCorp and I hope you stroll away from right here immediately realizing that issues are about to alter and 2026 goes to be the 12 months that it modifications,” stated NioCorp CEO and Chairman Mark A. Smith to attendees. “We will get this venture up and going and you will see 2026…be a extremely, actually good 12 months for NioCorp and for the southeast Nebraska group.”
“This venture is so superior due to the way it’s bringing everybody collectively and that everyone understands what an unimaginable impression for safety it has,” stated Nebraska Governor Jim Pillen to attendees. “There are extraordinary alternatives within the state of Nebraska and…this is without doubt one of the biggest deposits in the US of America. The impression it is going to should guarantee that we have now the essential minerals right here and never counting on overseas adversaries…It is extraordinary.” See the video replay of the Governor’s remarks right here.
“The Elk Creek Minerals Mission is strictly the kind of alternative EXIM was at all times designed to assist,” stated EXIM President and Chairman John Jovanovic by way of video message. “Advancing U.S. management over the essential minerals important to plane, vehicles, superior manufacturing, and our broad industrial base. This venture means extra good jobs in Nebraska, extra alternatives for American staff and a stronger, safer industrial future for the US.” See a video replay of the Chairman’s remarks right here.
“I’ve strongly supported the Elk Creek Mission,” stated U.S. Senator Deb Fischer by way of video message. “The mine and processing facility represents a transformational funding in our state… all whereas serving to diversify the tax base in southeast Nebraska. Simply as importantly, the venture will produce essential minerals which are important to our nation’s nationwide safety. This venture is a real partnership and it displays the perfect of how Nebraska will get issues accomplished.” See a video replay of Senator Fischer’s feedback right here.
In the course of the occasion, a consultant of Senator Fischer’s workplace was introduced with the Michael J. Morris Memorial Award, NioCorp’s highest recognition for management and dedication to accountable U.S. critical-minerals improvement. Senator Fischer was acknowledged for her work to champion hundreds of thousands of {dollars} in federal assist to assist advance this effort.
“Making our provide chains extra resilient by placing them right here in America is essential to our nationwide protection and safety presently in our nation’s historical past. That is one of many explanation why this venture, specifically, is so essential for the protection of our nation. Additionally it is one of many methods we are able to proceed to develop Nebraska,” stated U.S. Senator Pete Ricketts to the night City Corridor attendees. “This [project] is a win, win, win. It will likely be a win for the folks of southeast Nebraska. It is going to be a win for our state. And, it is going to be a win for our nation and our nationwide safety. This can be a actually essential venture and I am happy to have the ability to assist it.” See a video replay of Senator Ricketts’ feedback right here.
NioCorp executives additionally offered an replace on the Firm’s 2025 progress, early-works preparations, and key steps anticipated in 2026 because it continues to advance financing efforts essential to provoke development. The vast majority of each City Corridor periods was devoted to open Q&A, throughout which the Firm addressed each query posed by attendees.
“These City Corridor occasions highlighted one thing I’ve seen for years – the Elk Creek Mission has robust assist domestically, throughout Nebraska, and on the federal stage. We’re very grateful to the folks of Nebraska for exhibiting up once more in such robust numbers. Bringing all of those views collectively in a single room underscored a shared understanding of what this venture may imply for the area and for the nation,” stated Mark A. Smith, CEO and Chairman of NioCorp.
“Having Nebraska’s management and senior federal officers be part of our occasions must also ship a transparent sign to our stakeholders that confidence within the significance of this venture has by no means been increased. Their engagement displays a shared understanding of why home sources of essential minerals matter and why the Elk Creek Mission suits into that effort. With the assist we noticed right here and the financing progress already achieved, we’re nicely ready for the work forward as we proceed advancing towards the development part.”
City Corridor Replay Hyperlinks
Replay movies of each periods can be found on the hyperlinks beneath:
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FOR MORE INFORMATION:
Jim Sims, Company Communications Officer, NioCorp Developments Ltd., (720) 334-7066, jim.sims@niocorp.com
Alex Guthrie, Director, Investor Relations, NioCorp Developments Ltd., (647) 999-0527, aguthrie@niocorp.com
@NioCorp $NB #Niobium #Scandium #rareearth #neodymium #dysprosium #terbium #ElkCreek
ABOUT NIOCORP
NioCorp is creating the Elk Creek Mission that’s anticipated to supply niobium, scandium, and titanium. The Firm is also evaluating the potential to supply a number of uncommon earths from the Elk Creek Mission. Niobium is used to supply specialty alloys in addition to Excessive Energy, Low Alloy metal, which is a lighter, stronger metal utilized in automotive, structural, and pipeline functions. Scandium is a specialty steel that may be mixed with Aluminum to make alloys with elevated energy and improved corrosion resistance. Scandium can also be a essential part of superior stable oxide gas cells. Titanium is utilized in numerous light-weight alloys and is a key part of pigments utilized in paper, paint and plastics and can also be used for aerospace functions, armor, and medical implants. Magnetic uncommon earths, comparable to neodymium, praseodymium, terbium, and dysprosium are essential to the making of neodymium-iron-boron magnets, that are used throughout all kinds of protection and civilian functions.
Ahead-Wanting Statements
This press launch incorporates forward-looking statements throughout the which means of the US Personal Securities Litigation Reform Act of 1995 and forward-looking info throughout the which means of relevant Canadian securities legal guidelines (collectively “forward-looking statements”). Ahead-looking statements might embody, however usually are not restricted to, statements made throughout the Firm’s two City Corridor packages; the Firm’s expectation and intention of manufacturing niobium, scandium, and titanium, and the potential of manufacturing uncommon earths, on the Elk Creek Mission; and NioCorp’s capability to safe ample venture financing to finish development of the Elk Creek Mission and transfer it to business operation. Ahead-looking statements are usually recognized by phrases comparable to “plan,” “consider,” “count on,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “venture,” “proceed,” “may,” “might,” “would possibly,” “doable,” “potential,” “predict,” “ought to,” “would” and different related phrases and expressions, however the absence of those phrases doesn’t imply {that a} assertion is just not forward-looking.
The forward-looking statements are based mostly on the present expectations of the administration of NioCorp and are inherently topic to uncertainties and modifications in circumstances and their potential results and communicate solely as of the date of such assertion. There could be no assurance that future developments will probably be these which were anticipated. Ahead-looking statements mirror materials expectations and assumptions, together with, with out limitation, expectations and assumptions regarding: NioCorp’s capability to obtain ample venture financing for the development of the Elk Creek Mission on acceptable phrases, or in any respect; the longer term worth of and demand for metals, together with Al-Sc alloy; and the steadiness of the monetary and capital markets. Such expectations and assumptions are inherently topic to uncertainties and contingencies relating to future occasions and, as such, are topic to alter. Ahead-looking statements contain quite a lot of dangers, uncertainties or different components that will trigger precise outcomes or efficiency to be materially totally different from these expressed or implied by these forward-looking statements. These dangers and uncertainties embody, however usually are not restricted to, these mentioned and recognized in public filings made by NioCorp with the Securities and Alternate Fee and with the relevant Canadian securities regulatory authorities and the next: NioCorp’s requirement of great extra capital; NioCorp’s capability to obtain ample venture financing for the development of the Elk Creek Mission on acceptable phrases, or in any respect; NioCorp’s capability to realize the required milestones and obtain the total $10.0 million in reimbursement below the Mission Sub-Settlement with Superior Expertise Worldwide, an entity performing on behalf of the Protection Industrial Base Consortium below the authority of the U.S. Division of Conflict; NioCorp’s capability to obtain a last dedication of financing from the Export-Import Financial institution of the US or different debt financing or monetary assist on acceptable timelines, on acceptable phrases, or in any respect; NioCorp’s capability to entry the total quantity of the anticipated internet proceeds below the standby fairness buy settlement (the “Yorkville Fairness Facility Financing Settlement“) with YA II PN, Ltd., an funding fund managed by Yorkville Advisors World, LP; NioCorp’s capability to proceed to fulfill the itemizing requirements of The Nasdaq Inventory Market LLC; dangers regarding NioCorp’s frequent shares, together with worth volatility, lack of dividend funds and dilution or the notion of the chance of any of the foregoing; the extent to which NioCorp’s stage of indebtedness and/or the phrases contained in agreements governing NioCorp’s indebtedness, if any, the Yorkville Fairness Facility Financing Settlement or different agreements might impair NioCorp’s capability to acquire extra financing, on acceptable phrases, or in any respect; covenants contained in agreements with NioCorp’s secured collectors that will have an effect on its belongings; NioCorp’s restricted working historical past; NioCorp’s historical past of losses; the fabric weaknesses in NioCorp’s inside management over monetary reporting, NioCorp’s efforts to remediate such materials weaknesses and the timing of remediation; the likelihood that NioCorp might qualify as a passive overseas funding firm below the U.S. Inner Income Code of 1986, as amended (the “Code“); the potential that the enterprise mixture with GX Acquisition Corp. II and different associated transactions may end in NioCorp changing into topic to materially opposed U.S. federal earnings tax penalties because of the applying of Part 7874 and associated sections of the Code; price will increase for NioCorp’s exploration and, if warranted, improvement tasks; a disruption in, or failure of, NioCorp’s info expertise methods, together with these associated to cybersecurity; tools and provide shortages; variations available in the market demand for, and costs of, niobium, scandium, titanium and uncommon earth merchandise; present and future offtake agreements, joint ventures, and partnerships, together with NioCorp’s capability to barter extensions to present agreements or to enter into new agreements, on favorable phrases or in any respect; NioCorp’s capability to draw certified administration; estimates of mineral assets and reserves; mineral exploration and manufacturing actions; feasibility examine outcomes; the outcomes of metallurgical testing; the outcomes of technological analysis; modifications in demand for and worth of commodities (comparable to gas and electrical energy) and currencies; competitors within the mining business; modifications or disruptions within the securities markets; legislative, political or financial developments, together with modifications in federal and/or state legal guidelines that will considerably have an effect on the mining and scandium alloy industries; commerce insurance policies and tensions, together with tariffs; inflationary pressures; the impacts of local weather change, in addition to actions taken or required by governments associated to strengthening resilience within the face of potential impacts from local weather change; the necessity to acquire permits and adjust to legal guidelines and laws and different regulatory necessities; the timing and reliability of sampling and assay information; the likelihood that precise outcomes of labor might differ from projections/expectations or might not understand the perceived potential of NioCorp’s tasks; dangers of accidents, tools breakdowns, and labor disputes or different unanticipated difficulties or interruptions; the potential of price overruns or unanticipated bills in improvement packages; working or technical difficulties in reference to exploration, mining, improvement or scandium alloy manufacturing actions; administration of the water stability on the Elk Creek Mission website; land reclamation necessities associated to the Elk Creek Mission; the speculative nature of mineral exploration and improvement, together with the dangers of diminishing portions of grades of reserves and assets; claims on the title to NioCorp’s properties; the infringement or lack of NioCorp’s mental property rights; potential future litigation; and NioCorp’s lack of insurance coverage overlaying all of NioCorp’s operations.
Ought to a number of of those dangers or uncertainties materialize or ought to any of the assumptions made by the administration of NioCorp show incorrect, precise outcomes might fluctuate in materials respects from these projected in these forward-looking statements.
All subsequent written and oral forward-looking statements regarding the issues addressed herein and attributable to NioCorp or any particular person performing on its behalf are expressly certified of their entirety by the cautionary statements contained or referred to herein. Besides to the extent required by relevant regulation or regulation, NioCorp undertakes no obligation to replace these forward-looking statements to mirror occasions or circumstances after the date hereof to mirror the incidence of unanticipated occasions.
SOURCE: NioCorp Developments Ltd.
View the unique press launch on ACCESS Newswire
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