NioCorp SPAC Presentation Deck slide image

NioCorp SPAC Presentation Deck

NioCorp Team Mark A. Smith, P.E. Executive Chairman, President & CEO Scott Honan, MSc, SME-RM Chief Operating Officer, NioCorp President, Elk Creek Resources Corp. Neal Shah, BSME, MBA Chief Financial Officer & Corporate Secy. Jim Sims Chief Communications Officer GX Acquisition Corp. Il Team Jay R. Bloom Co-Chairman and CEO Dean C. Kehler Co-Chairman and CEO Michael G. Maselli President Andrea Kellett, Chief Financial Officer Art Baer, Vice President Jordan Bloom, Vice President NioCorp Critical Mineral Security Transaction Overview Overview Deal represents an Enterprise Value of $313.5 million, reflecting an 89% discount to the Net Present Value (NPV) in the Elk Creek Project 2022 Feasibility Study. Business combination is expected to close in Q1 2023, subject to satisfaction of closing conditions. NioCorp is developing the Elk Creek Critical Minerals Project to produce Niobium, Scandium, and Titanium. It is the highest-grade Niobium deposit under development in N.A. and the 2nd largest indicated rare earth resource in the U.S.¹ NioCorp is also conducting technical and economic analyses on the potential addition of magnetic rare earth oxides to its planned product suite. O GX Acquisition Corp. Il is a Special Purpose Acquisition Company focused on delivering growth through investing in sectors with favorable secular trends and technology developments. NioCorp and GX Acquisition Corp. Il propose to combine to support the Elk Creek Project with the ultimate goal of rapidly and securely delivering critical high-demand metals and minerals to key sectors, facilitating U.S. technology leadership, emissions reductions, and job creation in the transition economy. $313.5M PRO-FORMA ENTERPRISE VALUE $2.8B NET PRESENT VALUE² 1 Indicated mineral resource. Based on data from the "Critical Mineral Resources of the United States-Economic and Environmental Geology and Prospects for Future Supply," U.S. Geological Survey, 2017, and from company-issued reports. 2 Based on the 2022 NI 43-101 Elk Creek Technical Report. See "Mineral Reserves and Resources" in the Disclaimers & Technical Disclosures at the beginning of this presentation.
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