other material
confidence high
sentiment neutral
materiality 0.60
NioCorp closes public offering of common shares and warrants for $20.8M gross
NIOCORP DEVELOPMENTS LTD
- Sold 7,692,308 common shares at $2.60 per share plus 323,504 over-allotment shares.
- Total gross proceeds $20.8 million; net proceeds estimated at $18.9 million after discounts and expenses.
- Maxim Group LLC acted as sole book-running manager; offering closed April 21, 2025.
- Proceeds expected to fund development of the Elk Creek niobium, scandium, and titanium project.