NioCorp Developments Ltd. today provided its preliminary financial results for the three-month period ended September 30, 2024. Selected financial results expectations for the periods include: Loss for the three-month period ended September 30, 2024 of $2.1 million, or $0.05 per share, compared to a loss for the three-month period ended September 30, 2023 of $3.2 million, or $0.09 per share. NioCorp intends to file its [...]
NioCorp Developments Ltd. today announced the closing of its previously announced underwritten public offering in the United States , the first of two concurrent offerings expected to raise a total of approximately $6.0 million, before deducting underwriting discounts and offering expenses. The Company expects to close its previously announced concurrent private placement on or about Monday, November 11, 2024, subject to [...]
NioCorp Developments Ltd. today announced the pricing of its previously announced underwritten public offering in the United States and concurrent private placement . The Registered Offering consists of 1,592,356 common shares, 1,592,356 Series A warrants to purchase up to an additional 1,592,356 common shares and 796,178 Series B warrants to purchase up to an additional 796,178 common shares . Each common share is to be [...]
NioCorp Developments Ltd. today announced it has commenced a proposed underwritten public offering in the United States . Concurrently, the Company has also commenced a private placement . The Registered Offering consists of common shares and warrants to purchase common shares and is subject to market conditions. There can be no assurance as to whether or when the Registered Offering may be completed, or as to the actual [...]
Recycling Rare Earth Permanent Magnets by NioCorp Could Help Boost U.S. Production of Heavy Rare Earths, Which Are Currently Produced Almost Entirely in Asia NioCorp Developments Ltd. has completed successful testing of its proposed hydrometallurgical process for producing critical minerals at the proposed Elk Creek Critical Minerals Project in southeast Nebraska for use in recycling post-consumer permanent rare earth [...]
R&D Effort Aims to Develop Digitally Optimized Cast Automotive Parts Made With Recycled Aluminum Strengthened by Scandium Scandium Enables the Use of Recycled Aluminum With No Loss of Mechanical Properties Recycled Aluminum Has a Carbon Intensity that is 94% Lower than Primary Aluminum1 NioCorp Developments Ltd. is pleased to announce that an industry consortium in which it is working with automakers, manufacturers, and [...]
NioCorp to Present on its Production and Recycling Plans at the 20th Annual Rare Earth Conference in Washington, D.C. on October 15, 2024 NioCorp Developments Ltd. will discuss at the 20 th Annual Rare Earth Conference in Washington, D.C. on October 15, 2024 its plans to potentially produce commercial grade magnetic rare earth oxides at its proposed Elk Creek, Nebraska Critical Minerals Project , including the heavy rare [...]
NioCorp CEO Mark Smith and COO Scott Honan to present at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024 NioCorp Developments Ltd. will provide an update to markets and government leaders at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024 on the Company's efforts to advance technology innovation that relies on scandium to lightweight vehicles, cut automotive [...]
NioCorp Developments Ltd. is pleased to announce that CEO and Executive Chairman Mark A. Smith has agreed to establish a new $2 million non-revolving credit facility with NioCorp to assist the Company in continuing its work to secure project financing for the Company's critical minerals project in Southeast Nebraska and for general corporate purposes. The credit facility bears an interest rate of 10% per annum, is subject [...]
NioCorp Developments provided its preliminary financial results for the fiscal year ended June 30, 2024. Selected financial results expectations for the periods include: Loss for the fiscal year ended June 30, 2024 of $11.395 million, or $0.30 per share, compared to a loss for the fiscal year ended June 30, 2023 of $40.080 million, or $1.34 per share. NioCorp intends to file its audited consolidated financial statements [...]
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 registered basis in the U.S. The specific securities and terms of each such [...]
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 share purchase warrant . Each Warrant is exercisable into one Common Share [...]