• Subject to a definitive contract being executed between NioCorp and Traxys, NioCorp would be positioned to sell out of its planned critical minerals products for the first 10 years of operation, following the successful completion of project financing and commencement of commercial production. NioCorp has already placed under contract 75% of its planned ferroniobium production and 12% of its planned scandium oxide production. Traxys could also become a shareholder of NioCorp, while also playing a key role in President Trump's recently announced Project Vault, which aims to facilitate sales of critical minerals between large manufacturers and critical minerals producers.

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