other material
confidence high
sentiment neutral
materiality 0.25
NioCorp issues and sells 85,000 shares at $2.6638/share under standby equity agreement
NIOCORP DEVELOPMENTS LTD
- Issued and sold 85,000 common shares on March 14, 2024 upon settlement of Advance Notice dated March 12, 2024.
- Purchase price per share $2.6638, representing 97% of Nasdaq VWAP as per Standby Equity Purchase Agreement.
- Shares sold under existing Standby Equity Purchase Agreement dated January 26, 2023.
- Total gross proceeds approximately $226,400 based on stated price and share count.
- No other material events disclosed in the press release.