NioCorp closes $0.6M private placement of 315K units at $1.91/unit

NIOCORP DEVELOPMENTS LTD

Gross proceeds of US$0.6 million from 315,000 units at US$1.91 per unit.
Each unit comprises one common share and one warrant exercisable at US$2.20 until June 24, 2026.
Proceeds will fund advancement of the Elk Creek Critical Minerals Project and general working capital.
Private placement was non-brokered with a single investor; units subject to 4-month-plus-1-day hold period.
Warrants represent potential future equity issuance; exercise price 15% above unit price.

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