other material
confidence high
sentiment neutral
materiality 0.30
NioCorp delivers notice to draw 75,000 shares under standby equity facility
NIOCORP DEVELOPMENTS LTD
- Advance Notice issued for 75,000 common shares under Standby Equity Purchase Agreement dated Jan 26, 2023.
- Purchase price set at 97% of VWAP over three consecutive trading days starting Nov 28, 2023.
- Expected close on or about December 1, 2023.
- Shares offered in reliance on Section 4(a)(2) exemption; not registered under Securities Act.
- Drawdown from existing facility, not a new equity offering.