Niocan Provides Corporate Update

Oktober 10 16:08 2014

MONTREAL, QUEBEC — (Marketwired) — 10/10/14 — Niocan Inc. (the „Corporation“ or „Niocan“) (TSX: NIO) today announced that it is currently in the process of making an application to list its common shares for trading on the TSX Venture Exchange („TSX-V“).

Niocan also announced today that it has amended its Stock Option Plan. The review of the Stock Option Plan and ensuing amendments were made in order to comply with the rules of the TSX-V.

Such amendments include the following:

The Amended Plan came into force upon its approval by the Corporation–s Board of Directors and will be presented to the Corporation–s shareholders for ratification, at the next annual meeting of shareholders.

FORWARD LOOKING STATEMENTS

Certain statements contained in this press release are forward-looking and are subject to numerous risks and uncertainties, know and unknown. For information identifying known risks and uncertainties, relating to the issuance by the Ministry of Environment of the Certificate of Authorization to build the mine in Oka, financial resources, market prices, exchange rates, politico-social conflicts, competition, regulatory approvals, the purchase of the old St-Lawrence Columbium mine site from the Municipality of Oka should the Certificate of Authorization be issued, and other important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk and Uncertainties Section of the Corporation–s most recent Management–s Discussion and Analysis, which may be found at . Consequently, actual results may differ materially from the anticipated results expressed in these forward-looking statements.

Contacts:
Hubert Marleau
Chairman, President and Chief Executive Officer
514-288-8506
514-843-4809 (FAX)

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