NioCorp Developments Ltd. (NASDAQ: NB) has announced the closing of a public offering, raising approximately $60 million in gross proceeds. The offering consisted of 9,760,000 common shares or pre-funded warrants at a price of $6.15 per share or $6.1499 per warrant. Maxim Group LLC acted as the sole placement agent for the transaction. NioCorp intends to use the net proceeds for working capital and general corporate purposes, including advancing the construction and commercial launch of its Elk Creek Project. Further details are available in the final prospectus supplement filed with the U.S. Securities and Exchange Commission.
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: 1079141) on September 29, 2025, and is solely responsible for the information contained therein.