NioCorp Developments Ltd. announced today that its principal regulator, the Ontario Securities Commission , has approved the Company's application for, and has granted, a management cease trade order . As previously announced on September 26, 2023, NioCorp applied for the MCTO due to the anticipated delay in filing its annual financial statements for the year ended June 30, 2023, the related management's discussion and [...]
NioCorp Now Working With Automakers To Develop Aluminum-Scandium Vehicle Parts That Are Stronger, Lighter, Higher-Performing, and Fully Recyclable Prototype Aluminum-Scandium Alloy Parts Have Dual Uses in Commercial and Military Applications EV/Hybrid Sales Forecasts Predict Tens of Millions of Units Globally By 20301, Underscoring the Importance of Bringing New Sources of Non-Chinese and Non-Russian Scandium Supply [...]
NioCorp Developments Ltd. ; announced today that it anticipates a delay in filing its annual financial statements for the year ended June 30, 2023, the related management's discussion and analysis, and the CEO and CFO certifications relating to the annual financial statements before the September 28, 2023 deadline . The closing of the Company's previously announced business combination with GX Acquisition Corp. II , and [...]
NioCorp Developments Ltd. today issued and sold 75,000 shares of the Company's common shares, without par value , upon settlement of the previously announced Advance Notice that it delivered on September 13, 2023 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023 . The Advance Shares were issued and sold at a purchase price per share of $3.6391, which reflects 97% of the average volume-weighted [...]
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 75,000 shares of the Company's common shares, without par value . The Company has elected an Option 2 Pricing Period . Subject to the satisfaction of certain conditions contained in the Standby Equity Purchase Agreement [...]
NioCorp Developments Ltd. today issued and sold 70,000 shares of the Company's common shares, without par value , upon settlement of the previously announced Advance Notice that it delivered on September 7, 2023 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023 . The Advance Shares were issued and sold at a purchase price per share of $3.6998, which reflects 97% of the average volume-weighted [...]
NioCorp Developments Ltd. is pleased to announce that its CEO and Executive Chairman Mark Smith will present to investors around the world on NioCorp's Elk Creek Critical Minerals Project and the Company's recently launched Aluminum-Scandium Master Alloy vertical integration initiative at the 25th Annual Global Investment Conference, sponsored by New York City-based H.C. Wainwright & Co., on Tuesday, September 12, 2023 [...]
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 70,000 shares of the Company's common shares, without par value . The Company has elected an Option 2 Pricing Period . Subject to the satisfaction of certain conditions contained in the Standby Equity Purchase Agreement [...]
NioCorp Developments Ltd. today provided its preliminary financial results for the fiscal year ended June 30, 2023. Selected financial results expectations for the periods include: Loss for the fiscal year ended June 30, 2023 of $39.497 million, or $1.32 per share, compared to a loss for the fiscal year ended June 30, 2022 of $10.887 million, or $0.41 per share. NioCorp intends to file its audited consolidated financial [...]
NioCorp Developments Ltd. , is pleased to announce that it has closed a non-brokered private placement of 250,000 units of the Company at a price of USD$4.00 per unit, for aggregate gross proceeds to the Company of USD$1 million. Each unit issued in the Private Placement consisted of one common share in the capital of the Company and one common share purchase warrant . Each Warrant is exercisable into one Common Share at [...]
NioCorp's Pilot-Scale Test Program Demonstrates an Environmentally Superior Process for Producing Scandium Metal Testing Now Proceeds to Producing Aluminum-Scandium Master Alloy, Which NioCorp Plans to Make in Conjunction with its Expected Production of ~100 Tonnes/Year of Scandium Oxide at the Elk Creek Critical Minerals Project in Nebraska, Once Project Financing is Obtained A phased program to establish U.S. commercial [...]
Increased Congressional Focus on AlSc Master Alloy Coincides with NioCorp's Phased Commercialization Program for AlSc Master Alloy Production in the U.S. NioCorp's Pilot-Scale AlSc Master Alloy Effort Has Successfully Produced Scandium Metal and is on Track to Make Initial AlSc Master Alloy Ingots in the Coming Weeks NioCorp Developments Ltd. is praising U.S. Senator Deb Fischer and U.S. Rep. Don Bacon for securing [...]