Niocan Inc. Announces Resignation of Director

MONTREAL, QUEBEC--(Marketwired - Nov. 12, 2013) - Niocan Inc. (the "Corporation") (TSX:NIO) announced today that Mr. Terence Ortslan has resigned as Director of the Corporation.

The Board of Directors thanks Mr. Ortslan for the services he has rendered to the Corporation over the years and wishes him all the best for his future endeavours.

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 www.sedar.com. Consequently, actual results may differ materially from the anticipated results expressed in these forward-looking statements.