NioCorp Developments Reports $16.7M Loss for Fiscal Year Ended June 30, 2025; EPS Declines to $0.35

Reuters
07-16
NioCorp Developments Reports $16.7M Loss for Fiscal Year Ended June 30, 2025; EPS Declines to $0.35

NioCorp Developments Ltd. has released its preliminary unaudited financial results for the fiscal year ended June 30, 2025. The company reported a loss of $16.7 million, or $0.35 per share, compared to a loss of $11.4 million, or $0.31 per share, for the previous fiscal year. During the quarter ended June 30, 2025, NioCorp raised approximately $31.1 million in gross proceeds through the sale of common shares and pre-funded warrants, as part of an underwritten public offering and other financial arrangements. The company concluded the fiscal year with a cash balance of approximately $25.6 million and 58,491,196 common shares outstanding. NioCorp plans to file its audited consolidated financial statements by August 29, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001539497-25-001876), on July 16, 2025, and is solely responsible for the information contained therein.

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