NIOCORP DEVELOPMENTS LTD — Director's Dealing 2025

Sep 2, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NIOCORP DEVELOPMENTS LTD (NB)
CIK: 0001512228
Period of Report: 2025-08-09

Reporting Person: Fulton Anthony W (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	178457	Direct
Common Shares	747	Indirect
Common Shares	114	Indirect
Common Shares	28	Indirect
Common Shares	4	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Share Purchase Warrant (right to buy)	$10.284	2028-03-17	Common Shares (42531)		Direct
Common Share Purchase Warrant (right to buy)	$10.284	2028-03-17	Common Shares (12252)		Indirect
Common Share Purchase Warrant (right to buy)	$10.284	2028-03-17	Common Shares (2)		Indirect
Common Share Purchase Warrant (right to buy)	$10.284	2028-03-17	Common Shares (7)		Indirect
Common Share Purchase Warrant (right to buy)	$10.284	2028-03-17	Common Shares (67)		Indirect

Footnotes

F1: Each warrant is exercisable for 1.11829212 common shares, without par value (the "Common Shares"), of the Issuer at an exercise price of $11.50 per 1.11829212 Common Shares (or approximately $10.284 per Common Share).