NIOCORP DEVELOPMENTS LTD SEC Filings

NIOCORP DEVELOPMENTS LTD reported that Chief Communications Officer James T. Sims received a grant of employee stock options covering 97,720 common shares. The options have an exercise price of $4.74 per share and expire on July 6, 2031. According to the vesting terms, 34% of the options vested on the grant date, 33% will vest on the first anniversary of the grant date, and the remaining balance will vest on the second anniversary on July 6, 2028. This is a compensation-related award rather than an open-market purchase or sale.

NioCorp Developments Ltd reported that Chief Operating Officer Scott Honan received a grant of 162,866 employee stock options on July 6, 2026. The options have an exercise price of $4.74 per share and expire on July 6, 2031, with vesting spread over three years.

According to the vesting terms, 34% of the options vested immediately on the grant date, 33% will vest on the first anniversary, and the remaining balance will vest on the second anniversary on July 6, 2028. Following this grant, Honan holds 162,866 derivative securities related to common shares.

NioCorp Developments Ltd reported that Senior VP Business Development Ernest M. Cleave received a grant of 97,720 employee stock options to buy common shares at an exercise price of $4.74 per share. According to the vesting schedule, 34% vested on the grant date, 33% will vest on the first anniversary, and the remaining balance will vest on July 6, 2028. These options expire on July 6, 2031 and represent compensation rather than an open-market stock purchase or sale.

NioCorp Developments Ltd reported that Chief Financial Officer Neal S. Shah received a grant of employee stock options. The award covers 114,007 options to buy common shares at an exercise price of $4.74 per share, all held directly.

According to the vesting schedule, 34% of the options vested on the July 6, 2026 grant date, 33% will vest on the first anniversary, and the remaining balance will vest on the second anniversary on July 6, 2028. Following this grant, Shah holds 114,007 derivative securities of this option series, with an expiration date of July 6, 2031.

NioCorp Developments Ltd. introduced a formal Company-wide annual incentive program and approved fiscal 2026 cash awards for its executives and other employees. The new Annual Incentive Program is designed to tie pay more closely to corporate milestones, safety, and individual performance across the organization.

Under the program for fiscal 2026, performance was weighted 45% on Board-approved corporate milestones related to project development, financing, permitting and execution readiness, 10% on safety results, and 45% on individual objectives. Cash awards for 2026 mark the first payouts under this structure, after no cash bonuses were paid to named executive officers for fiscal 2025.

For fiscal 2026, Chief Executive Officer Mark A. Smith received an approved award of $602,784, Chief Financial Officer Neal S. Shah received $345,621, and Chief Operating Officer Scott Honan received $378,197, generally payable around July 15, 2026.

NioCorp Developments Ltd. reported a small quarterly profit while dramatically strengthening its balance sheet as it advances the Elk Creek critical minerals project. For the three months ended March 31, 2026, net income attributable to the company was $669, or $0.01 per basic and diluted share, compared with a loss of $5,297 a year earlier. On an adjusted basis, the company posted a quarterly net loss of $2,700, and a nine‑month adjusted net loss of $16,481.

Cash and cash equivalents rose to $419,196 as of March 31, 2026, with total cash, cash equivalents, and restricted cash of $421,261, up from $25,554 at June 30, 2025, driven mainly by several equity offerings and warrant and option exercises. Working capital reached $409,874. Total assets increased to $468,973, including higher mineral properties, property and equipment, intangible assets, and goodwill from the Al‑Sc alloy technology acquisition. Shareholders’ equity grew to $435,394.

The company began construction of the main access portal for the Elk Creek Project, with a dedicated portal budget of $44.6 million and about $1.8 million spent through March 31, 2026. Exploration expenditures for the nine months were $13,409, reflecting drilling and feasibility‑study work, partly offset by $687 of reimbursements under a U.S. Department of Defense agreement that can provide up to $10.0 million tied to project milestones. NioCorp continues to seek large‑scale project financing, including a potential EXIM Bank facility, while using its strengthened liquidity to fund focused development, engineering, and portal construction activities.

BlackRock, Inc. amends a Schedule 13G to report its beneficial ownership of NioCorp Developments Ltd common stock. The filing states BlackRock beneficially owns 6,814,525 shares, representing 4.8% of the class, with 6,638,532 shares of sole voting power. The amendment is signed by Spencer Fleming on 04/27/2026.

The filing notes holdings reflect securities held across Reporting Business Units of BlackRock and provides addresses and exhibit references for power of attorney and subsidiary identification.

NioCorp Developments Ltd. received a joint Schedule 13G reporting that Citadel entities and Kenneth Griffin beneficially hold disclosed positions in the company's Common Shares. The filing lists Citadel Advisors LLC (4,932,309 shares, 3.4%), Citadel Securities LLC (441,050 shares, 0.3%) and Kenneth Griffin (6,216,351 shares, 4.3%). The percentages are based on 145,327,592 Shares outstanding, comprised of 142,727,542 Shares outstanding as of February 25, 2026, plus 2,600,000 and 50 shares issued on conversion of certain warrants. The filing is a joint disclosure of holdings and voting/dispositive arrangements among the reporting persons.

NioCorp Developments Ltd. reported results from its April 6, 2026 annual meeting, where shareholders approved an amended and restated shareholder rights plan and an updated long-term incentive plan.

The amended rights plan now runs until the company’s 2027 annual general meeting, unless earlier redeemed or terminated by the board and subject to no Flip-In Event occurring. This extends the company’s protective framework against certain concentrated share accumulations.

Shareholders also approved the 2017 Amended Long-Term Incentive Plan, which replaces a prior “evergreen” structure with a fixed pool of up to 11,300,000 common shares for options, share units and dividend equivalents, subject to specified share-counting and adjustment rules. All six director nominees were elected, Deloitte & Touche LLP was reappointed as auditor, executive compensation received majority advisory support, and the amendments to both the incentive plan and rights plan were approved.