<SEC-DOCUMENT>0001539497-23-000808.txt : 20230602
<SEC-HEADER>0001539497-23-000808.hdr.sgml : 20230602
<ACCEPTANCE-DATETIME>20230502160540
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001539497-23-000808
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20230502

FILER:

	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:		CORRESP

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">


<P STYLE="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;<IMG SRC="image_001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center; text-indent: 0in">May 2, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>VIA EDGAR</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Securities and Exchange Commission</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">Division of Corporation Finance</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0">100 F Street, NE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Washington, DC 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 5%; text-align: right"></TD><TD STYLE="width: 5%"><B>Re:</B></TD><TD STYLE="text-align: justify"><B>NioCorp Developments Ltd.</B></TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="text-align: justify"><B><U>Registration Statement on Form S-3, as
amended (Registration No. 333-270542)</U></B></TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">On behalf of NioCorp Developments Ltd. (&ldquo;<B><I>NioCorp</I></B>&rdquo;),
the undersigned hereby requests, pursuant to Rule 461(a) promulgated under the Securities Act of 1933, that the Registration Statement
on Form S-3, as amended (File No. 333-270542), of NioCorp be declared effective at 4:15 p.m., New York City time, on Thursday, May 4,
2023, or as soon thereafter as practicable. NioCorp respectfully requests that you notify Andrew C. Thomas of such effectiveness by a
telephone call to (216) 586-1041.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Please contact Andrew C. Thomas of Jones Day
at (216) 586-1041 if you have any questions concerning this matter. Thank you for your continued attention to this matter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.5in 3.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3">Very truly yours,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3">NIOCORP DEVELOPMENTS LTD.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;By:&nbsp;&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left; border-bottom: Black 1pt solid; vertical-align: bottom">/s/ Neal S. Shah</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 8%">Name:&nbsp;&nbsp;</TD>
    <TD STYLE="width: 35%">Neal S. Shah</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"></TD>
    <TD>&nbsp;</TD>
    <TD>Title: </TD>
    <TD>Chief
Financial Officer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">cc:&#9;Andrew C. Thomas, Esq.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo; Options: Hidden -->&nbsp;<!-- Field: /Sequence --></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in"></P>

<P STYLE="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ > !X  #_VP!#  ," @," @,# P,$ P,$!0@%!00$
M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_
MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P  1" !^ 18# 2(  A$! Q$!_\0
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MNM/M+B:6$07>WS 4;:2=I(KJO$GB33O"6BWFKZO=QV.G6B&2:XE.%4#^9]J
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M,-Q^T1XR?'6>/_T6M 'V!_P3[B,/[-&DKT_TZ[_]&&OG+X_?&+Q+^T!\0/\
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MU"EF/UKY6_8Q_8ETS]JO5/%-IJ'B.Z\-C1HH9$>VM4F\WS"PP=Q&,;:^IO\
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MGQL\>?M5?$6YU+6=1O&T^XN##I6@02,+>VB+8C14Z%CQECR2:K_\,$_&P?\
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M[<H ^:/^"A4?G?LWWZ_]1*T_]#KX=_8SM/+_ &FO K>EQ+_Z(DK[K_;[3?\
ML[WP_P"HA:_^AU\5?L?VX7]I'P2<=+B7_P!$O0!^L8Z4C4N12-0!^57_  4
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M7[5?7#![JZQC>PZ #L!0!\M_\%$+&;^V?!=V4/V<P7$(?'&X,IQ^5<Y^P_\
M$#PW\/\ 5O%DGB/6;72([F&!86NFVAR&;('TR*^P?C-\(M+^,W@R;0M2=K>5
M6\ZTO(U!:WE X;W'8CN*^(_$7[$7Q,TF^>*QL['6[8'Y+BWNECR/=7P10!]H
M?\-'_#'_ *'72O\ OZ?\*&_:0^&/_0ZZ5_W]/^%?#/\ PQS\6/\ H68?_ Z'
M_&@?L<_%C_H68?\ P.A_^*H \G\7317GBC6[B!UEAEO9Y(W7HREV((_"OTJT
M_0;R/]E>/23$?MO_  BQB\OON-OTKP'X.?L,ZM'KEGJGCN>U@L;=Q+_95K)Y
MCS$'(#N. N>H&<U]KK"OD"((H3;MV8XQC&,>E 'X[>&6CM?$&DS3,(XHKJ%W
M9NB@."2:_43_ (:.^&7'_%:Z3_W]/^%?-OQG_8:U637+W5? <MM<6-S(9?[)
MN9/+>%B<D(QX*Y['!%>4_P##'/Q7_P"A9C_\#H?_ (J@#[I_X:.^&7_0ZZ5_
MW]/^%?*/[<7Q"\,_$&X\)-X=UJUU@6PN!-]E?=LSMQGZX-<'_P ,<_%?_H6(
M_P#P-A_^*K2T']B;XGZI?)!=Z;9Z/;D_/<W%VC@#_=0DF@#O_P#@G?92?\)+
MXRN@A\A;2"(MVW%V./R%1_\ !0]=WBSP;_UY3_\ H:U]1?!#X.:9\%/!::+8
M2&[NI7\Z\O67:T\I&,X[*!P!7C/[9'P3\8_%;Q!X;N?#&E+J$-G:RQS,UPD>
MUF<$#YB,]* .3_X)UKMN_&_^Y:_SDK[6/2OF']C/X-^+OA1<^*6\4:8NG"^6
M 0;9TEW;=^[[IXZBOIYJ /G?]O!=W[/M\/\ J(6O_H=?$O[,>JV/AKXZ>%M5
MU.X2RT^UEEDGN),[8U\E^3[<U]N_MU#/P O/^O\ M?\ T,U\:?LLV$-]\?/"
M=K<PI<6T\DT<D4B[E=3 X((/4$4 ?H'_ ,-*?"[_ *'?2?\ O\?\*/\ AI7X
M7?\ 0\:3_P!_C_A7QQ\3OV(?&NF^-]2C\(:3'JOAV1_-M)&N8XVC5N?+(8@_
M+TSW&*Y;_AC'XM?]"O'G_K^A_P#BJ *?[7_B;2/&WQRU/5M"U"'5-.DL[:-;
MFW.4+*F&&?8U]4?\$]=-FM/@OJ$\B%8KC5IFB/\ > 5 3^=>$^"/V$?B!KVI
M1KK_ -C\-Z>&'F2M.L\I7/(15R,_4BOOGP+X+TSX>^%--\/:1$8M/L(A%&&Y
M9NY9CW).2?K0!OT444 %)2US'Q \<1^ =&M[]["ZU.2XNX;*&UM-OF/)(V%
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M/BG*C=O\W; <=.DB?E77_#WP,GA/Q%KUU<^*+KQ+K-[';BY-X(U>%$#"/Y4
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;9(('KQ70T4 %%%% !1110 4444 %%%% '__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
