NioCorp Expands Its March 16 Elk Creek, Nebraska Town Hall Meeting to Allow Citizens and Investors to Listen by Phone

CENTENNIAL, Colo., Feb. 16, 2016 -- NioCorp Developments Ltd. (“NioCorp” or the "Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) announced today that it will expand its March 16, 2016 Elk Creek Nebraska Town Hall Meeting to allow citizens, news media representatives, investors, and others to call in and hear the latest updates on the Company's Elk Creek Project by phone.

Residents of Elk Creek are encouraged to attend the Town Hall Meeting in person.  The event will start at 6 p.m. CST on March 16, 2016, and will be held in the Elk Creek Fire Hall.  A buffet style dinner will be provided.  Mark Smith, CEO and Executive Chairman of NioCorp Developments Ltd., and Scott Honan, President of Elk Creek Resources Corporation, the operating subsidiary overseeing the Elk Creek Project, will update area residents on the Company's plans to advance its niobium / scandium / titanium project and will answer residents' questions.

Niobium, scandium, and titanium are superalloy materials used in a variety of applications in the automotive, aerospace, defense, construction, clean energy, medical, oil and gas, and other industries.

Those participating by phone will do so in listen-only mode.  Residents of North America can connect to the Town Hall meeting by one of two methods:

1. Arrange to be called directly at the start of the Town Hall Meeting by registering in advance here:  https://app.smartsheet.com/b/form?EQBCT=b275c00c9672480d9a684ba37dfe365e.

2. Dial in at the start of the Town Hall Meeting using this toll number:  540-409-4372.

Those outside of North America can participate by dialing direct via 540-409-4372.

“Mark Smith”

Mark Smith
Executive Chairman, CEO and Director

Source:  NioCorp Developments, Ltd.
@NioCorp $NB $NIOBF #Niobium #Scandium #ElkCreek

For More Information
Contact Jim Sims, VP of External Affairs, NioCorp Developments, Ltd., 720-639-4650, [email protected]

About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce niobium, scandium, and titanium. Niobium is used to produce various superalloys that are extensively used in high performance aircraft and jet turbines. It also is used in to High Strength, Low Alloy (“HSLA”) steel, a lighter, stronger steel used in automotive, bridges, structural systems, and pipeline applications.  Scandium can be combined with aluminum to make super-high-performance alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells, an environmentally preferred technology for high-reliability, distributed electricity generation.  Titanium is a component of various superalloys that are used for aerospace applications, armor, and medical implants. It also is used in pigments for paper, paint, and plastics.

Cautionary 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 release.