CENTENNIAL, Colo. (November 2, 2015) — NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX: NB; OTCQX: NIOBF; and FSE: BR3) is pleased to announce the appointment of Jim Sims to the position of Vice President for External Affairs. In this capacity, Mr. Sims will manage investor relations, media relations, marketing, and government affairs.
Mr. Sims has more than 25 years of experience in managing marketing, media relations, public affairs, and investor relations for companies in the mining, chemical, manufacturing, utility, and renewable energy sectors. For the past five years he was Vice President of Corporate Communications at Molycorp, Inc. From 1999-2010, he served as the Chief Executive Officer and President of Policy Communications, Inc. During that time, he led the successful turnaround of the Western Business Roundtable and served as that multi-sector industry trade group’s CEO for eight years.
A former White House aide and U.S. Senate Chief of Staff, Mr. Sims is an honors graduate of Georgetown University. He is co-founder and former Executive Director of the Geothermal Energy Association and is the former Chairman of the Board of the Rare Earth Technology Alliance.
“I am very pleased that someone of Jim’s caliber, experience, and proven track record has joined the NioCorp team,” said Mark A. Smith, NioCorp’s Executive Chairman. “Jim will play a vital role in our ongoing work to develop the Elk Creek niobium / scandium / titanium project, deliver on our vision of strengthening the world with these high-value super-alloy materials, and optimize shareholder value.”
# # #
Source: NioCorp Developments, Ltd.
$NB $NIOBF #Niobium #Scandium #ElkCreek
___________________
For More Information
Contact Jim Sims, VP of External Affairs, Niocorp Developments, Ltd., 720-639-4650, [email protected]
___________________
About NioCorp
NioCorp is developing the Elk Creek Niobium / Scandium / Titanium project in Southeast Nebraska. Niobium is used to produce High Strength, Low Alloy (“HSLA”) steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium can be combined with Aluminum to make an alloy with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor and medical implants.
___________________
Cautionary 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 release.
Certain statements contained in this press release may constitute forward-looking statements. 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 changes in demand for and price of commodities (such as fuel and electricity and the commodities being explored and proposed for development by NioCorp – niobium, titanium, and scandium) and currencies; 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. 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.