NioCorp to Combine with Nasdaq-Listed GXII to Access Additional Capital for the Elk Creek Critical Minerals Project

CENTENNIAL, Colo., September 26, 2022 — NioCorp Developments Ltd. (“ NioCorp” or the “ Company“) ( TSX: NB; OTCQX: NIOBF) and GX Acquisition Corp. II (“ GXII”) ( Nasdaq: GXII) today announced the signing of a definitive agreement (the “ Business Combination Agreement”) for a proposed business combination between the two companies. Under the Business Combination Agreement, NioCorp will acquire…