secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2023-09-01T23:59:59+00:00
Accession:  0001539497-23-001523
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949723001523/0001539497-23-001523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949723001523/n2574_x155-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-23-001523

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