NioCorp cautions listeners regarding forward looking statements disclosed in our shareholder update conference call and in any other statement made by, or on NioCorp’s behalf.  Such statements may constitute “forward looking information” within the meaning of applicable Canadian securities legislation.  Forward looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments.  Forward looking statements are necessarily based on estimates and assumptions, which are always subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond NioCorp’s control and many of which, regarding future business decisions, are subject to change.  These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from results expressed in any forward looking statements made by or on the Issuer’s behalf.  Although NioCorp has tried to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.  All factors should be considered carefully and readers should not place undue reliance on NioCorp’s forward-looking statements.  Examples of such forward-looking statements include statements relating to: the future price of minerals, future capital expenditures, success of exploration activities, mining or processing issues, government regulation of mining operations and environmental risks.  Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “estimates”, “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “might” or “occur”.  Forward-looking statements are made based on management’s beliefs, estimates and opinions and are given only as of the date of this shareholder conference call.  We undertake no obligation to update forward-looking information if these beliefs, estimates and opinions or other circumstances should change, except as may be required by applicable law.

Forward-looking statements reflect NioCorp’s current views with respect to expectations, beliefs, assumptions, estimates and forecasts about our business and the industry and markets in which we operate.  Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict.  Assumptions underlying NioCorp’s expectations regarding forward-looking statements or information include, among others, our ability to comply with applicable governmental regulations and standards, our success in implementing our strategies, achieving our business objectives, our ability to raise sufficient funds from equity financings and debt instruments in the future to support our operations, and general business and economic conditions.  The above list of assumptions is not exhaustive.

Listeners are cautioned that forward-looking statements are only predictions, and that our actual future results or performance are subject to certain risks and uncertainties including:
Metallurgical Testing Risk;
Reliance on Key Personnel;
Substantial Capital Requirements/Liquidity;
Property Commitments;
Exploration and Development Risks;
Operations;
Environmental Risks;
Commodity Price Fluctuations;
Volatility of the Market Price of the Issuer’s Common Shares;
Future Share Issuances May Affect the Market Price of the Common Shares;
Economic and Financial Market Instability;
Issuance of Debt;
Industry Competition and International Trade Restrictions;
Governmental Regulation and Policy Risks;
Risk Related to the Cyclical Nature of the Mining Business;
Properties May be Subject to Defects in Title;
Legal and Litigation Risks;
Insurance Risk;
Currency Risk;
Conflicts of Interest;
Decommissioning and Reclamation; and
Dividends.

To see a more comprehensive description of these Risk Factors, please refer to our Annual Information Form and Short Form Prospectus filed on SEDAR.