NioCorp Developments announced the closing of its previously announced underwritten public offering in the US. The Offering consisted of 7,692,308 common shares, without par value, of the Company. Each Common Share was sold at a public offering price of $2.60. The gross proceeds from the Offering, before deducting underwriting discounts and offering expenses, were approximately $20.0 million. In addition, on the closing [...]
NioCorp Developments announced the pricing of its previously announced underwritten public offering in the United States. The Offering consists of 7,692,308 common shares at a public offering price of $2.60, for gross proceeds of $20.0 million before deducting underwriting discounts and offering expenses. In addition, the Company granted the underwriter a 30-day over-allotment option to purchase up to an additional 15 [...]
NioCorp Developments is pleased to announce that Mark A. Smith, Executive Chairman and CEO of NioCorp Developments Ltd., will appear on Fox Business Network's "Mornings with Maria" show featuring Maria Bartiromo at 8:30 a.m. Eastern on Wednesday, April 16, 2025. The interview will focus on recent actions by China to restrict exports to the U.S and other allied nations of heavy rare earths and other critical minerals that [...]
NioCorp Developments provided its preliminary financial results for the three- and nine-month periods ended March 31, 2025. Selected financial results expectations for the periods include: Loss for the three-month period ended March 31, 2025, of $5.4 million, or $0.11 per share, compared to a loss for the three-month period ended March 31, 2024, of $4.2 million, or $0.11 per share. Loss for the nine-month period ended [...]
China retaliated against the U.S. and allied nations by restricting the export of highly strategic Chinese-made rare earths, critical minerals that are needed in virtually all U.S. defense systems and across the electronics, manufacturing, high-technology, transportation, and energy sectors. The implications for U.S. national security are dire, according to NioCorp Developments Executive Chairman and CEO Mark A. Smith [...]
Critical Minerals Executive Order Expected to Accelerate Critical Minerals Mining and Processing in the U.S. Action is Aimed at Reducing U.S. Dependence on BRICS Countries and Other Foreign Producers for Defense Critical Minerals Trump's "Whole of Government" Approach to Re-Shoring Supply Chains Is Expected to Unlock Significant New Institutional Investment An Executive Order issued by President Donald J. Trump on [...]
NioCorp Developments announced the details of the voting results from the election of directors at its AGM, held on March 20, 2025 in Denver. At the AGM, the following seven 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: Name of Nominee Votes For Percent [...]
President Trump told the U.S. Congress and the American people last night that he intends to take "historic action to massively expand the production of critical minerals and rare earth elements right here in America," a move that should help to accelerate the development of critical minerals and rare earth projects like the Elk Creek Critical Minerals Project in Nebraska, according to Mark A. Smith, Executive Chairman [...]
NioCorp Developments is pleased to announce that all remaining obligations under the original $8,000,000 aggregate principal amount of unsecured notes of NioCorp issued on April 12, 2024 have been satisfied. The Notes were issued and sold to YA II PN, an investment fund managed by Yorkville Advisors Global, and Lind Global Fund II, an investment fund managed by The Lind Partners, pursuant to a Securities Purchase [...]
The People's Republic of China is ratcheting up efforts to deny the U.S. and its allies access to critical minerals that are essential to national defense and many commercial technologies, according to Mark Smith, Executive Chairman and CEO of NioCorp Developments. According to the Feb. 4, 2025 Wall Street Journal, China implemented export restrictions of five additional critical minerals: tungsten, tellurium, bismuth [...]
NioCorp Developments Ltd. is pleased to announce that the U.S. Export-Import Bank is advancing NioCorp's application for prospective EXIM project financing of its Elk Creek Critical Minerals Project in southeast Nebraska to an independent Technical Review, part of EXIM's second level of project due diligence. As part of its loan review process, EXIM has selected Colorado-based RPMGlobal USA, Inc. to conduct a technical [...]
NioCorp Developments Ltd. today announced the closing of its previously announced underwritten offering of 2,577,320 common shares, 2,577,320 Series A warrants to purchase up to 2,577,320 common shares and 1,288,660 Series B warrants to purchase up to an additional 1,288,660 common shares . Each common share was sold together with one Series A Warrant and one-half of one Series B Warrant at a combined public offering [...]