---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-25-002009"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:25:55.955677+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NioCorp subsidiary closes ~$2.7M land purchase for Elk Creek project in Nebraska

## Summary
- ECRC exercised options to purchase three parcels in Johnson County, Nebraska.
- Aggregate purchase price of surface and mineral rights was approximately $2.7 million.
- Transaction closed on August 1, 2025; option agreements dated 2009 and 2014.
- Company recorded a $2.7M decrease in cash and corresponding increase in land on balance sheet.

## SEC filing metadata
- accession: 0001539497-25-002009
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949725002009/0001539497-25-002009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949725002009/n2574_x268-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-25-002009
- JSON: https://secwatch.observer/filing/0001539497-25-002009.json
- Plain text: https://secwatch.observer/filing/0001539497-25-002009.txt

## Key facts
- M&A Transactions
  NIOCORP DEVELOPMENTS LTD completed an acquisition involving Elk Creek Resources Corp. ("ECRC") for aggregate purchase price of approximately $2.7 million (closed 2025-08-01).
  - Action: acquisition
  - Counterparty: Elk Creek Resources Corp. ("ECRC")
  - Consideration: aggregate purchase price of approximately $2.7 million
  - Closing: 2025-08-01
  source text: The Option Agreements provided for a purchase price calculated based on the appraised value per acre of the parcels of land. The aggregate purchase price was approximately $2.7 million. On the closing date of the purchase of the Property, the Company recorded a decrease in cash under current assets on its consolidated balance sheet of approximately $2.7
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512228/000153949725002009/0001539497-25-002009-index.htm

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