NioCorp shareholders vote to support combination with GX Acquisition Corp. II

NioCorp Developments Ltd. (NIOBF) announced the results of shareholder voting on its previously-announced proposed business combination with GX Acquisition Corp II. (GXII), as well as two previously announced financings with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP. Shareholders of the company voted and passed ordinary resolutions approving the following proposals in connection with the Business Combination and the Yorkville Financings: Proposal No. 1 – The "Share Issuance Proposal": Approved by 96.23% of the votes cast by the Shareholders present in person or represented by proxy at the Meeting. Proposal No. 2 – The "Yorkville Equity Facility Financing Proposal": Approved by 96.04% of the votes cast by the Shareholders present in person or represented by proxy at the Meeting. Completion of the Business Combination and the Yorkville Financings is subject to certain conditions, including the receipt of the approval of the Toronto Stock Exchange and the approval of certain elements of the proposed Business Combination by a majority of stockholders of GXII.