NioCorp Developments Ltd. today applauded Nebraska Governor Jim Pillen and a bipartisan group of Nebraska Senators for enacting a historic package of tax reform measures that are expected to stimulate greater investment in Nebraska by cutting the top individual and corporate state income tax rates by nearly one-third over the next several years. The measures, signed into law this week by Governor Pillen, will gradually [...]
Drilling and Analysis of Glacial Till Soil Layer Done in Advance of Proposed Land Grading, Early Works, Heavy Construction, and Eventual Foundation Pours for the Elk Creek Project NioCorp Developments Ltd. today announced the successful completion of a geotechnical drilling campaign at the Elk Creek Critical Minerals Project in southeast Nebraska, which was done in advance of the proposed site preparation, grading, heavy [...]
NioCorp Developments Ltd. announced today that it filed its quarterly financial statements for the three and nine months ended March 31, 2023, the related management's discussion and analysis, and the CEO and CFO certifications relating to the quarterly financial statements on The System for Electronic Document Analysis and Retrieval on May 30, 2023. NioCorp also submitted its Quarterly Report on Form 10-Q for the [...]
NioCorp Partnering with Nanoscale Powders LLC to Explore the Possibility of Establishing the First US-Based Mine-to-Master-Alloy Vertically Integrated Production of the High-Performance Material NioCorp's Potential Commercial Production of Al-Sc Master Alloy Could Launch Prior to the Company's Planned Production of >100 Tonnes/Year of Scandium Oxide at its Proposed Elk Creek Critical Minerals Project in Nebraska and Would [...]
Demonstration Plant Shows New Recovery Process May Double NioCorp's Titanium Production per Tonne of Ore as well as Produce a Higher Purity Product that May Command Higher Market Prices NioCorp Developments Ltd. is pleased to announce that it has successfully demonstrated an ability to potentially double the recovery of titanium from each tonne of ore the Company expects to mine at its Nebraska-based Elk Creek Critical [...]
New Processing Approach Demonstrates the Ability to Make More Niobium per Tonne of Ore, Produce a Higher Purity Product, and Potentially Address New Markets with Different Niobium Products NioCorp Developments Ltd. is pleased to announce that it has successfully demonstrated the ability to recover greater amounts of the critical mineral niobium from each tonne of ore the Company expects to mine at its Elk Creek Critical [...]
NioCorp Developments Ltd. is pleased to announce that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions posted May 19, 2023. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market [...]
NioCorp Developments Ltd. announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC on May 24, 2023, indicating that, because the Company has not filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2023 within the prescribed time period, the Company is not in compliance with the timely filing requirement for continued listing under Nasdaq [...]
NioCorp Developments Ltd. announced today that its principal Canadian regulator, the Ontario Securities Commission , has approved an extension to file the Company's third quarter financial statements for the period ended March 31, 2023, the related management's discussion and analysis, and the CEO and CFO certifications relating to the third quarter financial statements through to May 23, 2023 . In addition, as a U.S [...]
NioCorp Developments Ltd. announced today that Fernanda Reda Fenga Viana Klamas has resigned from the NioCorp Board of Directors because of an inability to commit the necessary time to serving on the Board. "We thank Fernanda for her service to NioCorp and we wish her and her family well in all of their future endeavors," said Mark A. Smith, NioCorp CEO and Board Chairman. # # # For More Information Contact Jim Sims [...]
NioCorp Developments Ltd. announced today that it anticipates a delay in filing its quarterly financial statements for the three and nine months ended March 31, 2023, the related management's discussion and analysis, and the CEO and CFO certifications relating to the quarterly financial statements before the May 15, 2023 deadline . The closing of the Company's previously announced business combination with GX Acquisition [...]
NioCorp Developments Ltd. announced today that it has closed its previously announced registered direct offering of an aggregate of 314,465 common shares for aggregate gross proceeds to the Company of approximately US$2.0 million, before deducting Offering expenses payable by the Company. The common shares were sold pursuant to a securities purchase agreement, dated April 26, 2023, between the Company and a fund managed [...]