NioCorp subsidiary closes ~$2.7M land purchase for Elk Creek project in Nebraska

NIOCORP DEVELOPMENTS LTD

ECRC exercised options to purchase three parcels in Johnson County, Nebraska.
Aggregate purchase price of surface and mineral rights was approximately $2.7 million.
Transaction closed on August 1, 2025; option agreements dated 2009 and 2014.
Company recorded a $2.7M decrease in cash and corresponding increase in land on balance sheet.

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