Form 8-K - Current report
December 07 2023 - 4:19PM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 4, 2023
NioCorp Developments Ltd.
(Exact name of registrant as specified in its charter)
British Columbia, Canada
(State or other jurisdiction
of incorporation) |
000-55710
(Commission File Number) |
98-1262185
(IRS Employer
Identification No.) |
7000 South Yosemite Street, Suite 115
Centennial, Colorado 80112
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area
code: (720) 639-4647
(Former name or former address, if changed since last
report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common Shares, without par value |
NB |
The Nasdaq Stock Market LLC |
Warrants, each exercisable for 1.11829212 Common Shares |
NIOBW |
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
(§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ☐
Item 4.01 Changes in Registrant’s Certifying Accountant.
On December 4, 2023, following the resignation of the former independent
registered public accounting firm of NioCorp Developments Ltd. (the “Company”), the Company’s board of directors (the
“Board”), on the recommendation of the audit committee of the Board, approved the appointment of Deloitte & Touche LLP
(“Deloitte”) as the Company’s new independent registered public accounting firm, effective immediately, to serve until
the close of the Company’s next annual general meeting of shareholders. The Company’s shareholders entitled to vote at the
Company’s next annual general meeting of shareholders will be asked to re-appoint Deloitte and Touch as the Company’s independent
registered public accounting firm until the Company’s following annual general meeting of shareholders or until a successor is appointed.
This Current Report on Form 8-K and the information contained herein do not constitute a solicitation of a proxy, consent or authorization
with respect to any securities or in respect of the re-appointment of Deloitte at the Company’s next annual general meeting of shareholders.
During the Company’s two most recent fiscal years ended June
30, 2023 and 2022, and the subsequent interim period through December 4, 2023, neither the Company nor anyone acting on its behalf consulted
with Deloitte regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the
type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice
was provided to the Company that Deloitte concluded was an important factor considered by the Company in reaching a decision as to any
accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a disagreement, as defined in Item
304(a)(1)(iv) of Regulation S-K and the related instructions, or a “reportable event,” as defined in Item 304(a)(1)(v) of
Regulation S-K.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements
within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning
of applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements may include,
but are not limited to, statements regarding the vote of the Company’s shareholders on the appointment of Deloitte as the Company’s
independent registered public accounting firm at the Company’s next annual general meeting of shareholders. Forward-looking statements
are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,”
“outlook,” “estimate,” “forecast,” “project,” “continue,” “could,”
“may,” “might,” “possible,” “potential,” “predict,” “should,”
“would” and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of the management of the Company and are inherently subject to uncertainties
and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that
future developments will be those that have been anticipated. Such expectations and assumptions are inherently subject to uncertainties
and contingencies regarding future events and, as such, are subject to change. Forward-looking statements involve a number of risks, uncertainties
or other factors that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking
statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made by the
Company with the SEC and the applicable Canadian securities regulatory authorities. Should one or more of these risks or uncertainties
materialize or should any of the assumptions made by the management of the Company prove incorrect, actual results may vary in material
respects from those projected in these forward-looking statements. All subsequent written and oral forward-looking statements concerning
the matters addressed herein and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety
by the cautionary statements contained or referred to herein. Except to the extent required by applicable law or regulation, the Company
undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof to reflect
the occurrence of unanticipated events.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
NIOCORP DEVELOPMENTS LTD. |
|
|
|
DATE: December 7, 2023 |
By: |
/s/ Neal S. Shah |
|
|
Neal S. Shah
Chief Financial Officer |
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Document Period End Date |
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Entity File Number |
000-55710
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Entity Registrant Name |
NioCorp Developments Ltd.
|
Entity Central Index Key |
0001512228
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Entity Tax Identification Number |
98-1262185
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Entity Incorporation, State or Country Code |
A1
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Entity Address, Address Line One |
7000 South Yosemite Street
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Entity Address, Address Line Two |
Suite 115
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Entity Address, City or Town |
Centennial
|
Entity Address, State or Province |
CO
|
Entity Address, Postal Zip Code |
80112
|
City Area Code |
(720)
|
Local Phone Number |
639-4647
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Common Shares, without par value |
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Title of 12(b) Security |
Common Shares, without par value
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Trading Symbol |
NB
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Security Exchange Name |
NASDAQ
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Warrants, each exercisable for 1.11829212 Common Shares |
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Title of 12(b) Security |
Warrants, each exercisable for 1.11829212 Common Shares
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