secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001539497-23-000359
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NioCorp increases credit facility from CEO Mark Smith to $4.0 million
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- Increase of $500,000 to existing non-revolving credit facility with CEO Mark Smith.
- Amendment effective February 28, 2023; total principal not to exceed $4,000,000.
- Facility originally dated Jan 16, 2017, previously amended nine times.
- Related-party transaction: Lender is CEO/President/Executive Chairman Mark Smith.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949723000359/0001539497-23-000359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949723000359/n2574_8k-x94.htm
  HTML page:      https://secwatch.observer/filing/0001539497-23-000359

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer