NIOCORP DEVELOPMENTS LTD — Director's Dealing 2018

Dec 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIOCORP DEVELOPMENTS LTD (NIOBF)
CIK: 0001512228
Period of Report: 2018-11-15

Reporting Person: Morris Michael James (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-15	Director Stock Option (Right to Buy)	$0.423	A	300000	Acquired	2023-11-15	Common Shares (300000)	Direct

Footnotes

F1: Option exercise price reflected was converted from Canadian exercise price of C$0.54 using an exchange rate of C$1.2773=US$1.00 as reported by the Bank of Canada on November 15, 2018.

F2: The option vests as follows: 50% on 05/15/2019; 25% on 11/15/2019; 25% on 05/15/2020.