NioCorp Developments Ltd. is pleased to announce that it has signed a commercial sales agreement with Traxys North America LLC for up to 120 tonnes of scandium trioxide over the first 10 years of operation of NioCorp’s planned Elk Creek Critical Minerals Project in Nebraska. The contract presupposes the Company securing project financing, obtaining all necessary approvals, and constructing a mine and processing [...]
NioCorp Developments Ltd. and IBC Advanced Alloys are pleased to announce the successful production of aluminum-scandium master alloy. The master alloy was produced at the Ames Laboratory, a U.S. government-owned, contractor-operated national laboratory of the U.S. Department of Energy , located in Ames Iowa. NioCorp and IBC intend to utilize the master alloy from this program to further the companies’ ongoing [...]
NioCorp Developments Ltd. is pleased to announce the close of the second and final tranche of its non-brokered private placement announced August 29, 2018. Aggregate gross proceeds for the Offering totaled approximately C$3.13 million. Pursuant to the Offering the Company issued an aggregate total of 4,975,158 units of the Company at a price of C$0.63 per Unit. Each Unit was comprised of one Common Share of the Company [...]
[STATES] NioCorp Developments Ltd. announces that it has closed the first tranche of its previously announced private placement of units of the Company. Under the First Tranche, a total of 2,917,587 units were issued at a price per Unit of C$0.63, for total gross proceeds to the Company of approximately C$1.84 million. The Company expects to close a second tranche of up to approximately C$1.2 million on or about September 21 [...]
NioCorp Developments Ltd. , is pleased to announce, further to its August 29, 2018 announcement of a non-brokered private placement of Units at a price of C$0.63 per Unit , that it has further increased the maximum gross proceeds of the Offering to C$3.0 million from the original maximum of C$2.0 million. Each Unit will consist of one common share of NioCorp and one-half of one common share purchase warrant . Each Warrant [...]
NioCorp Developments Ltd. announces that it intends to offer, on a non-brokered private placement basis, up to 3,174,604 units of the Company at a price of C$0.63 per Unit for gross proceeds to the Company of up to C$2.0 million . There is no minimum offering amount. Each Unit will consist of one common share of NioCorp and one-half of one common share purchase warrant . Each Warrant will entitle the holder to acquire [...]
NioCorp Developments Ltd. is pleased to announce that NioCorp will be featured as a presenting company at the 20th Annual Rodman & Renshaw Global Investment Conference, sponsored by H.C. Wainwright & Co., LLC. The conference is being held on September 4-6, 2018 at the St. Regis New York Hotel in New York City. Mark A. Smith, President and Chief Executive Officer for NioCorp, will provide an overview of the Company's [...]
NioCorp Developments Ltd. is pleased to announce receipt of a new proposed design for the underground portion of its Elk Creek Critical Minerals Project by the Nordmin Group of Companies . The new mine design confirms the technical feasibility of several innovative approaches to mining Elk Creek’s critical minerals which, if accepted by NioCorp, could further streamline the process of moving the Project to initial [...]
CENTENNIAL, Colo., July 19, 2018 -- A U.S. Senate Committee chose to highlight NioCorp Developments Ltd.’s Elk Creek Critical Minerals Project because of the uniqueness of the critical minerals it plans to make and because of the Project’s success in reducing its expected environmental impacts. NioCorp testified this week in Washington, D.C. at a hearing of the U.S. Senate Energy and Natural Resources [...]
CENTENNIAL, Colo., July 11, 2018 -- NioCorp Developments Ltd. is pleased to announce that it has agreed to testify on Tuesday, July 17, 2018 before the U.S. Senate Committee on Energy and Natural Resources on its Elk Creek, Nebraska Critical Minerals Mine and on the economic and national security implications of the three superalloy metals it plans to produce. The hearing, led by U.S. Senator Lisa Murkowski , Committee [...]
NioCorp Developments is pleased to announce that ongoing work on detailed engineering being conducted by the Nordmin Group of Companies on NioCorp’s proposed Elk Creek Nebraska, Critical Minerals Mine shows that a proposed waterline to the Missouri River is no longer needed by the Project. Nordmin’s ongoing design engineering of the Project’s underground mine, and recently updated hydrogeological [...]
CENTENNIAL, Colo., June 28, 2018 -- NioCorp Developments Ltd. is pleased to announce that it has completed and signed a definitive convertible security funding agreement with an entity managed by The Lind Partners, a New York based asset management firm . A total of US$1.0 million will be funded pursuant to the issuance of a convertible security , which is expected to occur on or around July 9, 2018. The Agreement [...]