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 [...]
NioCorp Developments Ltd. is pleased to announce agreements with NioCorp CEO and Executive Chairman, Mark A. Smith, to extend the maturity date of its existing $3.5 million non-revolving credit facility with Mr. Smith and a separate $1 million loan from Mr. Smith to December 15, 2021. Funds drawn on the credit facility will assist the Company in continuing its work to secure project financing for the Elk Creek Project and [...]
NioCorp Developments Ltd. is pleased to announce the appointment of Fernanda Fenga to its Board of Directors. A former senior executive at the world's largest producer of niobium, Companhia Brasileira Metalúrgica e Mineração , Ms. Fenga currently serves as a senior advisor to mining companies in Brazil and in the U.S. Previously, she was Legal and Compliance Director at Somos Educação, Brazil's largest basic education [...]
NioCorp Developments Ltd. announces the details of the voting results from the election of directors at its 2020 Annual General Meeting , held on November 5, 2020 in Denver, CO. At the AGM, the following five nominees were elected as Directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed. The results of the voting were as follows [...]
NioCorp Developments Ltd. is pleased to announce that its Elk Creek Superalloy Materials Project has been selected as an "Infrastructure Project of the Year" by CG/LA Infrastructure, the global leader in infrastructure strategy and project development. The award was announced during the CG/LA Infrastructure's 12th North American Infrastructure Leadership Virtual Forum on October 28, 2020, at which NioCorp presented [...]
Live Webcast by NioCorp Executives to follow at 11:30 a.m. Mountain Time NioCorp Developments Ltd. is pleased to announce that it will conduct its 2020 Annual General Meeting at 10 a.m. Mountain time on Thursday, November 5, 2020 at 7000 S. Yosemite Street, Lower Level Conference Room, Centennial, Colorado, 80112. Shareholders of record as of September 18, 2020 are able to vote their shares on the proposals to be [...]