NioCorp closes $5M underwritten offering of common shares and warrants

NIOCORP DEVELOPMENTS LTD

Offering of 2,577,320 units at $1.94 each, each unit comprising one common share, one Series A warrant (exercise $1.98), and one-half Series B warrant (exercise $2.05).
Gross proceeds ~$5.0 million; net proceeds ~$4.28 million after underwriting discount and expenses.
Net proceeds to repay portion of unsecured notes from April 2024 and fund working capital for Elk Creek critical minerals project.
Maxim Group LLC acted as sole book-running manager; 60-day lock-up for company and executives on share sales.
Offering closed on January 31, 2025; Series A warrants expire August 2027, Series B warrants expire January 2029.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.