NioCorp Developments Ltd. has successfully closed a $45.0 million public offering of common shares. The offering consisted of 13,850,000 common shares priced at $3.25 each. Maxim Group LLC acted as the sole placement agent for the transaction. The company plans to use the net proceeds for working capital, general corporate purposes, and to advance the construction and commercial operation of the Elk Creek Project. The offering was made under an effective shelf registration statement, and relevant documents are available on the SEC's website and the Company's SEDAR+ profile.
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 ACCESS Newswire (Ref. ID: 1050143) on July 18, 2025, and is solely responsible for the information contained therein.