NioCorp Developments Ltd. is pleased to announce that it has formally closed on the purchase of a key land parcel associated with the Company's Elk Creek Superalloy Materials Project. With this acquisition, NioCorp now owns the surface land on which the Project's mine infrastructure and supporting operations will be located once sufficient project financing is obtained to allow the Project to proceed. Ownership of the [...]
NioCorp Developments Ltd. announces that it intends to offer, on a non-brokered private placement basis, up to 4,195,804 units of the Company at a price of C$1.43 per Unit for gross proceeds to the Company of up to approximately C$6.0 million. There is no minimum offering amount. The pricing of the Units was set at a C$0.01 premium to the five-day Volume Weighted Average Price of NioCorp common shares of C$1.42 based upon [...]
Mark Smith's Investor Presentation Will be Webcast Live Starting at 2:00 PM Eastern NioCorp Developments Ltd. is pleased to announce that CEO and Executive Chairman Mark A. Smith will present to investors on the Elk Creek Superalloy Materials Project during the H.C. Wainwright Spring Mining Virtual Conference on Tuesday, April 20, 2021. Mr. Smith will provide an overview of the Project and its plans to produce the [...]
NioCorp Developments Ltd. is pleased to announce the availability of a new video featuring Chief Operations Officer Scott Honan discussing NioCorp's ongoing review of the economic prospect of adding rare earth-based products to the company's existing planned product suite of niobium, scandium, and titanium critical materials products, once project financing is secured and the Project is operational. The video can be seen [...]
NioCorp Developments Ltd. announces a number of its directors and officers have exercised soon-to-expire share purchase options this week to acquire common shares of the Company at an exercise price of C$0.62. These directors and officers exercised options to acquire shares through "net settlement," and no shares were sold into the market by any director or officer in connection with the option exercises on March 10 [...]
NioCorp Developments Ltd. is pleased to announce that it has launched a review of the economic potential of expanding its currently planned product suite from the Elk Creek Superalloy Materials Project to also include rare earth products. NioCorp currently plans to produce niobium, scandium, and titanium at the Nebraska-based Project once project financing is secured and the Project is operational, and any rare earth [...]
NioCorp Developments Ltd. is pleased to announce Mark A. Smith, CEO and Executive Chairman of NioCorp, is scheduled to appear on the Fox Business Network at approximately 3 p.m. Eastern to discuss the Biden Administration's expected critical minerals initiative and NioCorp's plans, once sufficient funding is obtained, to produce at its Elk Creek Superalloy Materials Project several critical minerals for which the U.S. is [...]
NioCorp Developments Ltd. is pleased to announce that it has signed a contract with Cementation USA, Inc, part of the Cementation Americas group , a leading global underground mine contracting and engineering company, to continue advancing detailed engineering work associated with the Elk Creek Superalloy Materials Project . Under the contract, Cementation will conduct an evaluation of the current design for the Project's [...]
NioCorp Developments Ltd. is pleased to announce that it has formally exercised an option-to-purchase agreement on a key land parcel associated with the Company's Elk Creek Superalloy Materials Project. Once the purchase is finalized, NioCorp will own the surface land on which the Project's mine infrastructure and supporting operations will be located once sufficient project financing is obtained to allow the Project to [...]
NioCorp Developments Ltd. is pleased to announce that its previously announced funding deal for US$10 million with Lind Global Asset Management III, LLC, an investment entity managed by The Lind Partners, a New York-based institutional fund manager, has been funded and is now closed. NioCorp has received net proceeds of US$9.65 million from the Funding. @NioCorp $NB $NIOBF #ElkCreek #Niobium #Scandium #Nebraska For More [...]
NioCorp Developments Ltd. announces it has signed a funding agreement for US$10 million with Lind Global Asset Management III, LLC, an investment entity managed by The Lind Partners. This funding is intended to advance NioCorp's Elk Creek Superalloy Materials Project and, in particular, to enable the Company to purchase the surface land and associated mineral rights to more than 90% of the Project's Mineral Resource and [...]
NioCorp Developments Ltd. announces that it has issued a convertible note in the principal amount of approximately US$1.872 million and 500,000 common share warrants to Nordmin Engineering Ltd. pursuant to a convertible note and warrant subscription agreement under which Nordmin has agreed to subscribe for and purchase the Securities for a subscription price of approximately US$1.804 million, which amount will be set off [...]
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