NioCorp Developments Ltd. announced today that it has entered into a definitive agreement with a fund managed by Kingdon Capital Management, LLC for the sale of an aggregate of 314,465 common shares in a registered direct offering at a price of $6.36 per share for aggregate gross proceeds to the Company of approximately US$2.0 million, before deducting Offering expenses payable by the Company. The Offering is expected to [...]
New Process May Allow NioCorp to Produce Higher-Purity Versions of its Niobium and Titanium Products, Which May Open New Markets to the Company NioCorp Developments Ltd. and L3 Process Developments are pleased to announce a process breakthrough in niobium and titanium recovery achieved at L3's demonstration-scale processing plant Trois-Rivieres, Quebec. The breakthrough points to a potentially more efficient way to [...]
NioCorp's Executive Team to Visit New York City and Ring the Opening Bell at The Nasdaq Stock Market on Thursday, March 30, 2023 NioCorp Developments Ltd. is pleased to announce that Mark A. Smith, NioCorp's CEO and Executive Chairman, will ring the opening bell on The Nasdaq Stock Market at 9:30 a.m. on Thursday, March 30, 2023. NioCorp's stock began trading on Nasdaq on Tuesday, March 21, 2023 under the ticker symbol [...]
NioCorp Developments Ltd. is pleased to announce that its stock began trading on the Nasdaq Stock Market today under the ticker symbol "NB." A class of NioCorp warrants also is trading on the Nasdaq under the ticker symbol "NIOBW." NioCorp's shares will continue to trade and will be cross-listed on the Toronto Stock Exchange under the ticker symbol "NB." "It is a new day for NioCorp shareholders as we launch trading on a [...]
CENTENNIAL, Colo. , March 17, 2023 /CNW/ -- NioCorp Developments Ltd. today announced the completion of its previously announced business combination with GX Acquisition Corp. II . Further, NioCorp also announced the closing of both tranches of its previously announced convertible debt financing with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP , and the effectiveness of its previously [...]
New Cash Infusion to NioCorp is Expected to Accelerate Progress of the Company's Elk Creek Critical Minerals Project in Nebraska NioCorp Shares Expected to Begin Trading on Tuesday on Nasdaq Under the Ticker Symbol "NB" and Will be Cross-Listed on the Toronto Stock Exchange NioCorp Developments Ltd. is pleased to announce that it expects to have access to as much as $71.9 million in net proceeds over the next three years [...]
NioCorp Developments Ltd. today announced that its board of directors has resolved to effect a share consolidation of its issued and outstanding common shares on the basis of one post-Consolidation Common Share for every ten pre-Consolidation Common Shares, contingent on the completion of the relevant portions of the previously announced business combination between NioCorp and GX Acquisition Corp. II pursuant to the [...]
NioCorp Developments is pleased to announce the results of shareholder voting on its previously-announced proposed business combination with GX Acquisition Corp II, as well as two previously announced financings with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP. Shareholders of the Company voted and passed ordinary resolutions approving the following proposals in connection with the Business [...]
NioCorp Developments Ltd. is pleased to announce the receipt of a Letter of Interest from the Export-Import Bank of the United States for potential debt financing of up to $800 million through EXIM's "Make More In America" initiative to fund the project costs of NioCorp's proposed Elk Creek Critical Minerals Project. EXIM's communication to NioCorp states: "We are pleased to extend this Letter of Interest in support of [...]
CENTENNIAL, Colo. , Feb. 28, 2023 /CNW/ -- NioCorp Developments Ltd. is pleased to announce that it has expanded its existing non-revolving credit facility between the Company and its Executive Chairman, Mark Smith, to US$4 million from the previous limit of US$3.5 million. Funds drawn on the credit facility will assist the Company in continuing its work to secure project financing for the Elk Creek Project and move the [...]
Contract Positions NioCorp to Advance to a Construction Start Upon Receipt of Project Financing, According to NioCorp CEO and Chairman Mark Smith NioCorp Developments Ltd. today announced that it has executed a contract with Zachry Group to develop a cost for the surface facilities associated with NioCorp's Elk Creek Critical Minerals Project in southeast Nebraska. The contract represents the first phase of engineering [...]
NioCorp Developments Ltd. today announced that it will hold a Special Meeting of Shareholders on Friday, March 10, 2023, regarding its proposed business combination with GX Acquisition Corp II . NioCorp's Special Meeting of Shareholders will be held at 10:00 a.m., Mountain Time, at the Hilton Denver Inverness, 200 Inverness Drive West, Englewood, Colorado 80112. Concurrently, it was announced that a Special Meeting of [...]