---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-24-000066"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:37:35.375303+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# NioCorp shareholders approve amended Long-Term Incentive Plan with increased share limits

## Summary
- Shareholders approved amendment to Long-Term Incentive Plan at Jan 19, 2024 annual meeting.
- Aggregate shares reserved under plan capped at 10% of outstanding; share units limited to 5%.
- Incentive stock option limit raised to 3,331,164 shares from 2,790,858, with two annual increases of 330,000.
- Plan now includes clawback provisions and requires shareholder approval for amendments under exchange rules.
- Voting: 6,616,125 for, 1,137,590 against (84.3% approval of votes cast excluding broker non-votes).

## SEC filing metadata
- accession: 0001539497-24-000066
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000066/0001539497-24-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000066/n2574_x188-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-24-000066
- JSON: https://secwatch.observer/filing/0001539497-24-000066.json
- Plain text: https://secwatch.observer/filing/0001539497-24-000066.txt

## Key facts
- Shareholder Votes
  NIOCORP DEVELOPMENTS LTD shareholders approved Appointment of Deloitte & Touche LLP as Auditors of the Company for the Ensuing Year and Authorizing the Directors to Fix Their Remuneration..
  - Proposal: auditor ratification
  - Outcome: passed
  source text: Proposal Three – Appointment of Deloitte & Touche LLP as Auditors of the Company for the Ensuing Year and Authorizing the Directors to Fix Their Remuneration. Votes For: 12,710,255 Votes Withheld: 190,461 Broker non-votes: 1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000066/0001539497-24-000066-index.htm
- Shareholder Votes
  NIOCORP DEVELOPMENTS LTD shareholders approved Approval, on a Nonbinding, Advisory Basis, of the Compensation of the Company's Named Executive Officers..
  - Proposal: say on pay
  - Outcome: passed
  source text: Proposal Five – Approval, on a Nonbinding, Advisory Basis, of the Compensation of the Company’s Named Executive Officers. Votes For: 6,979,044 Votes Against: 865,175 Votes Withheld: 108,373 Broker non-votes: 4,948,125
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000066/0001539497-24-000066-index.htm
- Shareholder Votes
  NIOCORP DEVELOPMENTS LTD shareholders approved To Set the Number of Directors for the Ensuing Year at Seven..
  - Outcome: passed
  source text: Proposal One – To Set the Number of Directors for the Ensuing Year at Seven. Votes For: 12,341,575 Votes Against: 559,141 Abstentions: 0 Broker non-votes: 1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000066/0001539497-24-000066-index.htm
- Shareholder Votes
  NIOCORP DEVELOPMENTS LTD shareholders approved Election of Directors..
  - Proposal: director election
  - Outcome: passed
  source text: Proposal Two – Election of Directors. Nominee Votes FOR Votes WITHHELD Broker Non-Votes Mark A. Smith 7,473,610 478,983 4,948,124 Michael J. Morris 6,603,433 1,349,159 4,948,125 David C. Beling 7,220,373 732,219 4,948,125 Nilsa Guerrero-Mahon 7,150,587 802,005 4,948,125 Peter Oliver 7,151,643 800,949 4,948,125 Michael Maselli 7,325,594 626,998 4,948,125 Dean Kehler 7,286,924 665,669 4,948,124
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000066/0001539497-24-000066-index.htm
- Shareholder Votes
  NIOCORP DEVELOPMENTS LTD shareholders approved Approval of the Amendment and Restatement of the NioCorp Developments Ltd. Long-Term Incentive Plan..
  - Proposal: equity plan
  - Outcome: passed
  source text: Proposal Four – Approval of the Amendment and Restatement of the NioCorp Developments Ltd. Long-Term Incentive Plan. Votes For: 6,616,125 Votes Against: 1,137,590 Votes Withheld: 198,876 Broker non-votes: 4,948,126
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000066/0001539497-24-000066-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.