NioCorp Developments Ltd. , is pleased to announce that the U.S. Securities and Exchange Commission has made effective a $200 million shelf registration statement on Form S-3 . The Shelf Registration Statement will allow the Company the flexibility from time to time to offer and sell up to $200 million of securities, including common stock, on a [...]
NioCorp Developments Ltd. , is pleased to announce that it has closed a non-brokered private placement of 315,000 units of the Company at a price of USD$1.91 per unit, for aggregate gross proceeds to the Company of USD$0.6 million. Each unit issued in the Private Placement consisted of one common share in the capital of the Company and one common [...]
NioCorp Developments Ltd. is pleased to announce that it will host a live Technology Briefing Webcast at 11 a.m. Mountain on Wednesday, June 5, 2024, on the Railveyor technology and its potential to significantly cut CAPEX and OPEX costs, help NioCorp reach full commercial production sooner, and operate with a lower carbon footprint by electrifying [...]
NioCorp Developments Ltd. is pleased to announce that it has engaged JPMorgan Chase Bank, N.A. to assist NioCorp in seeking debt financing supported by the Export-Import Bank of the U.S. to advance NioCorp's proposed Elk Creek Critical Minerals Project . NioCorp's application for project financing with EXIM made it through the first of EXIM's three [...]
Mine Electrification and Replacement of Vertical Shafts with Railveyor™ System Could "Significantly" Reduce Initial CAPEX and OPEX1 for the Underground Mine Portion of NioCorp's proposed Elk Creek Critical Minerals Project New Approach Could Cut NioCorp's Time to Full Commercial Production by as Much as 5 Months Due to the Lower Power [...]
NioCorp Developments Ltd. announces that it has received a preliminary, non-binding indicative financing term sheet from the Export-Import Bank of the United States as part of a Preliminary Project Letter conveying EXIM's initial due diligence findings to NioCorp on its application for $800 million in debt financing from EXIM for the Elk Creek [...]
NioCorp Developments Ltd. announces that, further to its press release dated April 17, 2024 , the board of directors has approved the voluntary delisting of NioCorp's common shares from the Toronto Stock Exchange . It is expected that NioCorp's common shares will be delisted from the TSX effective as of close of markets on May 3, 2024. NioCorp's [...]
NioCorp Developments Ltd. plans to investigate the feasibility of recycling permanent rare earth magnets as part of NioCorp's proposed Elk Creek Critical Minerals Project in southeast Nebraska. NioCorp plans to examine the technical and commercial feasibility of recycling post-consumer neodymium-iron-boron permanent rare earth magnets back into [...]
NioCorp Developments Ltd. announces that its board of directors has approved the voluntary delisting of the Company's common shares from the Toronto Stock Exchange . Subject to approval by the TSX, it is expected that NioCorp's common shares will be delisted from the TSX effective as of close of markets on May 3, 2024. NioCorp's common shares will [...]
NioCorp Developments Ltd. today announced that it has closed a private placement of US$8,000,000 aggregate principal amount of unsecured notes of NioCorp . Pursuant to the terms of the Notes, subject to certain exceptions as described below, on the first day of each calendar month, beginning on June 1, 2024 , the Company will be required to repay a [...]
NioCorp Developments Ltd. today issued and sold 85,000 shares of the Company's common shares, without par value , upon settlement of the previously announced Advance Notice that it delivered on March 12, 2024 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023 . The Advance Shares were issued and sold at a purchase price per [...]
NioCorp Developments Ltd. today announced that it has delivered a written notice pursuant to the previously announced Standby Equity Purchase Agreement, dated January 26, 2023 , requesting the purchase of 85,000 shares of the Company's common shares, without par value . The Company has elected an Option 2 Pricing Period . Subject to the [...]