secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001539497-24-001294
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949724001294/0001539497-24-001294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949724001294/n2574_x214-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-24-001294

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