NioCorp Directors and Officers Move to Acquire Common Shares of the Company through Option Exercises

NioCorp Directors and Officers Move to Acquire Common Shares of the Company through Option Exercises
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NioCorp" or the "
Company") 
(TSX:NB) (OTCQX:NIOBF) announces a number of its directors and officers have exercised soon-to-expire share purchase options this week to acquire common shares of the Company at an exercise price of C$0.62.  These directors and officers exercised options to acquire shares through "net settlement," and no shares were sold into the market by any director or officer in connection with the option exercises on March 10. Under a net settlement exercise of options, the Company cancels a requisite number of options previously granted to the director or officer in order to cover the cost of issuing the remainder of the shares to the director or officer. The table below summarizes the option exercises and net shares received by each of the directors and officers in connection with these transactions:

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