# EDGAR Filing Document

**Accession Number:** 0001512228
**File Stem:** 0000000000-23-000970
**Filing Date:** 2023-1
**Character Count:** 6960
**Document Hash:** 5a34fa312c5006bbd9fb9327993661e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000970.hdr.sgml**: 20230314

**ACCESSION NUMBER**: 0000000000-23-000970

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230130

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NIOCORP DEVELOPMENTS LTD
- **CENTRAL INDEX KEY:** 0001512228
- **STANDARD INDUSTRIAL CLASSIFICATION:** METAL MINING [1000]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 7000 S. YOSEMITE STREET
- **STREET 2:** STE. 115
- **CITY:** CENTENNIAL
- **STATE:** CO
- **ZIP:** 80112
- **BUSINESS PHONE:** 720-639-4647

**MAIL ADDRESS:**
- **STREET 1:** 7000 S. YOSEMITE STREET
- **STREET 2:** STE. 115
- **CITY:** CENTENNIAL
- **STATE:** CO
- **ZIP:** 80112

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** QUANTUM RARE EARTH DEVELOPMENTS CORP.
- **DATE OF NAME CHANGE:** 20110204

## Text-Extract

```

United States securities and exchange commission logo

                             January 30, 2023

       Mark A. Smith
       President and Chief Executive Officer
       NioCorp Developments Ltd.
       7000 South Yosemite Street, Suite 115
       Centennial, CO 80112

                                                        Re: NioCorp
Developments Ltd.
                                                            Amendment No. 2 to
Registration Statement on Form S-4
                                                            Filed January 17,
2023
                                                            File No. 333-268227

       Dear Mark A. Smith:

             We have reviewed your amended registration statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
January 12, 2023 letter.

       Amendment No. 2 to Registration Statement on Form S-4

       Questions and Answers About the Transactions
       May GX or GX's directors, officers or advisors, or their affiliates
purchase shares in connection
       with the Transactions?, page 19

   1.                                                   We note your revised
disclosure in response to prior comment 5 states that any privately
                                                        negotiated purchases
may be effected at purchase prices that are no higher than the per
                                                        share pro rata portion
of the Trust Account. However, you also state that the purpose of
                                                        any purchases of shares
could be to vote such shares in favor of the transactions. Please
                                                        provide your analysis
on how such potential purchases would comply with Rule 14e-5.
 Mark A. Smith
FirstName  LastNameMark
NioCorp Developments  Ltd.A. Smith
Comapany
January 30,NameNioCorp
            2023        Developments Ltd.
January
Page 2 30, 2023 Page 2
FirstName LastName
       You may contact Brain McAllister, Staff Accountant, at (202) 551-3341 or
Steve Lo,
Staff Accountant, at (202) 551-3394 if you have questions regarding comments on
the financial
statements and related matters. For questions regarding comments on engineering
matters, you
may contact John Coleman, Mining Engineer, at (202) 551-3610. Please contact
Karina Dorin,
Staff Attorney, at (202) 551-3763 or Laura Nicholson, Special Counsel, at (202)
551-3584 with
any other questions.

                                                          Sincerely,

                                                          Division of
Corporation Finance
                                                          Office of Energy &
Transportation

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

January 30, 2023

Mark A. Smith  
President and Chief Executive Officer  
NioCorp Developments Ltd.  
7000 South Yosemite Street, Suite 115  
Centennial, CO 80112

**Re: NioCorp Developments Ltd.  
Amendment No. 2 to Registration Statement on Form S-4  
Filed January 17, 2023  
File No. 333-268227**

Dear Mark A. Smith:

We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our January 12, 2023 letter.

# Amendment No. 2 to Registration Statement on Form S-4

# Questions and Answers About the Transactions

May GX or GX's directors, officers or advisors, or their affiliates purchase shares in connection with the Transactions?, page 19

1. We note your revised disclosure in response to prior comment 5 states that any privately negotiated purchases may be effected at purchase prices that are no higher than the per share pro rata portion of the Trust Account. However, you also state that the purpose of any purchases of shares could be to vote such shares in favor of the transactions. Please provide your analysis on how such potential purchases would comply with Rule 14e-5.

Mark A. Smith
NioCorp Developments Ltd.
January 30, 2023
Page 2

You may contact Brain McAllister, Staff Accountant, at (202) 551-3341 or Steve Lo, Staff Accountant, at (202) 551-3394 if you have questions regarding comments on the financial statements and related matters. For questions regarding comments on engineering matters, you may contact John Coleman, Mining Engineer, at (202) 551-3610. Please contact Karina Dorin, Staff Attorney, at (202) 551-3763 or Laura Nicholson, Special Counsel, at (202) 551-3584 with any other questions.

Sincerely,

Division of Corporation Finance
Office of Energy & Transportation