UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
(Amendment No. 1)
CURRENT REPORT
Pursuant
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Explanatory Note
On December 15, 2022, NioCorp Developments Ltd. (the “Company”) filed a Current Report on Form 8-K (the “Original Form 8-K”) disclosing the results of the Company’s 2022 Annual General Meeting of Shareholders, which was held on December 15, 2022 (the “2022 Annual Meeting”).
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
As previously reported in the Original Form 8-K, at the 2022 Annual Meeting, the Company’s shareholders voted, on a nonbinding, advisory basis, on the frequency of future shareholder advisory votes to approve the compensation of the Company’s named executive officers. The highest number of votes cast by the Company’s shareholders was in favor of holding a nonbinding advisory vote every year, which was consistent with the Board’s recommendation in the Management Information and Proxy Circular for the 2022 Annual Meeting. In light of these results, the Board has decided that the Company will hold a nonbinding, advisory vote to approve the compensation of the Company’s named executive officers every year until the next required nonbinding, advisory vote on the frequency of future shareholder advisory votes to approve the compensation of the Company’s named executive officers, which is expected to take place no later than the Company’s 2028 Annual General Meeting of Shareholders.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NIOCORP DEVELOPMENTS LTD. | ||
| DATE: April 3, 2023 | By: | /s/ Neal S. Shah |
Neal S. Shah Chief Financial Officer | ||