Exhibit 21.1

 

List of Subsidiaries of NioCorp Developments Ltd. (the “Company”)

 

Name   State/Province of
Formation
  Ownership
0896800 B.C. Ltd. (“0896800”)   British Columbia   100%
Elk Creek Resources Corp.   Delaware   80.42%(1)
NioCorp Technologies Limited   United Kingdom   100%

 

(1) Represents 100% of Class A common stock owned by 0896800, and 3,934,031 Vested Shares and 3,391,596 Earnout Shares (each as defined in the Company’s Annual Report on Form 10-K for the year ended June 30, 2025) held by third parties, and outstanding as of June 30, 2025.