---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-24-001294"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:26:13.441727+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001539497-24-001294
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949724001294/0001539497-24-001294-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949724001294/n2574_x214-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-24-001294
- JSON: https://secwatch.observer/filing/0001539497-24-001294.json
- Plain text: https://secwatch.observer/filing/0001539497-24-001294.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.