CENTENNIAL, Colo., Sept. 27, 2017 (GLOBE NEWSWIRE) -- N ioCorp Developments Ltd. (" NioCorp " or the " Company ") (TSX: NB ) (OTCQX:NIOBF) (FSE:BR3) announces that Executive Chairman and CEO Mark Smith will brief individual and institutional investors on the results of the Company’s recently released Elk Creek Project Feasibility Study in a live webcast at 2 p.m. Eastern on Thursday, Oct. 5, 2017.
Sponsored by the OTC Markets Group, the webcast is one of a continuing series of such events highlighting companies listed on the OTCQX Exchange.
Joining Mr. Smith on the webcast will be Scott Honan, NioCorp’s VP of Business Development and President of Elk Creek Resources Corp., NioCorp’s Nebraska-based operating subsidiary.
EVENT: Investor webcast featuring NioCorp executives Mark Smith and Scott Honan
DATE: Thursday, October 5, 2017
TIME: 2 PM Eastern
LINK TO REGISTER: https://tinyurl.com/1005prepr
This will be a live, interactive online event where investors are invited to ask the presenters questions in real-time, both in the presentation hall as well as the Company’s “virtual trade booth.” If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days. It is recommended that investors pre-register and run the online system check to save time and receive event updates.
Source : NioCorp Developments Ltd. @NioCorp $NB $NIOBF $BR3 #Niobium #Scandium #ElkCreek
Contact : Jim Sims, VP of External Affairs, NioCorp Developments Ltd., +1 303-503-6203, jim.sims@niocorp.com
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a superalloy material that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor and medical implants.
Cautionary Note Regarding Forward-Looking Statements
Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this document. Certain statements contained in this document may constitute forward-looking statements, including but not limited to potential future production at the Elk Creek Project, anticipated products to be produced at the Elk Creek Project, the future critical and strategic nature of niobium and scandium, anticipated costs of production at the Elk Creek Project being competitive, and anticipated competitive advantages. Such forward-looking statements are based upon NioCorp’s reasonable expectations and business plan at the date hereof, which are subject to change depending on economic, political and competitive circumstances and contingencies. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause NioCorp’s plans or prospects to change include risks related to the Company's ability to operate as a going concern; risks related to the Company's requirement of significant additional capital; changes in demand for and price of commodities (such as fuel and electricity) and currencies; changes in economic valuations of the Project, such as Net Present Value calculations, changes or disruptions in the securities markets; legislative, political or economic developments; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp’s projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business and the risks set forth in the Company’s filings with the SEC at www.sec.gov.. NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
