NioCorp Implements Shareholder Rights Plan

NioCorp Developments Ltd., a key player in the U.S. critical minerals sector, has announced the adoption of a limited-duration shareholder rights plan. The plan is intended to ensure all shareholders are treated equitably in the event of unsolicited take-over bids or attempts to control the company.

The rights plan aims to encourage fair treatment by bidders and maintain shareholder value. Although there is no current takeover bid, each shareholder will receive rights to purchase additional shares if certain conditions are met. These include a bidder acquiring 20% or more of outstanding shares without meeting specific bid provisions.

The plan, effective immediately, will expire in May 2026. It is governed by an agreement with Computershare Investor Services Inc. This move strengthens NioCorp's commitment to protecting shareholder interests.