NIOCORP DEVELOPMENTS LTD — Director's Dealing 2016

Oct 28, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NIOCORP DEVELOPMENTS LTD (NIOBF)
CIK: 0001512228
Period of Report: 2016-10-28

Reporting Person: Sims James T. (VP - External Affairs)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	8419	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$0.4353	2021-01-20	Common Shares (500000)		Direct

Footnotes

F1: The options vest as follows: 50% on 7/21/16; 25% on 1/21/17; and the remaining balance on 7/21/17.

F2: The exercise price reported above was converted from the Canadian exercise price of $0.62 using an exchange rate of Cdn$1.4243=US$1.00.