CENTENNIAL, Colo., Oct. 23, 2017 (GLOBE NEWSWIRE) — NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) (FSE: BR3) announces that it will provide an update to investors and the public on its Elk Creek, Nebraska Superalloy Materials Project in a live webcast at 10:30 a.m. Mountain Time on Thursday, November 9, 2017, following the conclusion of its 2017 Annual General Meeting of Shareholders (“Annual Meeting”).
Providing the update will be Mark Smith, NioCorp’s CEO and Executive Chairman; Scott Honan, President of Elk Creek Resources Corp.; and Jim Sims, Vice President of External Affairs for NioCorp. The live, listen-only webcast will begin at 10:30 a.m. Mountain. Members of the public can submit questions during the live webcast using the online webcast tool, or by sending questions in advance via email to email@example.com.
Those wishing to view the webcast must pre-register here: https://attendee.gotowebinar.com/register/8025871219479485955. After registering, confirmation emails will be sent with information about joining the webinar.
Those wishing to monitor the webcast via a listen-only phone line can do so by calling the long-distance toll numbers listed below and using this passcode: 323-318-256
- United States, 1 (562) 247-8421
- Australia, +61 2 9091 7604
- Austria, +43 1 2530 22502
- Belgium, +32 28 93 7003
- Canada, +1 (647) 497-9385
- Denmark, +45 32 72 03 72
- Finland, +358 923 17 0557
- France, +33 173 443 207
- Germany, +49 692 5736 7318
- Ireland, +353 15 360 755
- Italy, +39 0 230 57 81 73
- Netherlands, +31 207 941 383
- New Zealand, +64 4 974 7212
- Norway, +47 21 93 37 39
- Spain, +34 932 75 1334
- Sweden, +46 853 527 819
- Switzerland, +41 225 4599 62
- United Kingdom, +44 330 221 9922
A recording of the webcast will be made available following the event on NioCorp’s website at http://www.niocorp.com. NioCorp’s Annual Meeting will convene on November 9, 2016 at 10 a.m. Mountain Time in the Thunderpass Room of the Hyatt Regency Denver Tech Center, 7800 E Tufts Ave., Denver, CO, 80237.
On Behalf of the Board of Directors,
Executive Chairman, CEO, and Director
Source: NioCorp Developments Ltd.
@NioCorp $NB $NIOBF $BR3 #Niobium #Scandium #ElkCreek
For More Information: Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 303-503-6203, firstname.lastname@example.org
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. 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 also is 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.
Cautionary Note Regarding Forward-Looking Statements
Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this document. Certain statements contained in this document may constitute forward-looking statements, including but not limited to potential future production at the Elk Creek Project, anticipated products to be produced at the Elk Creek Project, the future critical and strategic nature of niobium and scandium, anticipated costs of production at the Elk Creek Project being competitive, and anticipated competitive advantages. Such forward-looking statements are based upon NioCorp’s reasonable expectations and business plan at the date hereof, which are subject to change depending on economic, political and competitive circumstances and contingencies. 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 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.