NioCorp closes $1M private placement; issues units with warrants

NIOCORP DEVELOPMENTS LTD

Closed non-brokered private placement of 250,000 units at $4.00/unit for gross proceeds of $1M.
Each unit consists of one common share and one warrant exercisable at $4.60 until September 1, 2025.
Proceeds to advance Elk Creek Critical Minerals Project and for working capital.
Warrants and common shares subject to 4-month+1-day hold period under Canadian securities laws.
Securities issued exempt from registration under Rule 506(b) of Regulation D.

item 1.01 item 3.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NIOCORP DEVELOPMENTS LTD entered into Subscription Agreement with a single investor (effective 2023-09-01).

Action: entry
Agreement: equity purchase
Counterparty: a single investor
Effective: 2023-09-01

Exact text from the filing

the Company entered into a subscription agreement (the "Subscription Agreement") by and between the Company and the investor.

View on SEC.gov

38 material agreements filed in the last 30 days. Browse all material agreements →

NIOCORP DEVELOPMENTS LTD filing history →

Source: SEC EDGAR

accession 0001539497-23-001523

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.