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NioCorp Announces Closing of $5.0 Million Underwritten Offering Priced At-The-Market Under Nasdaq Rules

1. NioCorp closes offering of 2.58M shares and warrants. 2. New capital could enhance growth prospects and projects.

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FAQ

Why Bullish?

The capital raised can help fund special projects, similar to past successful financings.

How important is it?

Enhancements to operational capacity make this news strategically significant for investors.

Why Long Term?

This offering supports future growth strategies, with effects visible in the medium to long term.

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NIOTSLA
CENTENNIAL, CO / ACCESS Newswire / January 31, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) today announced the closing of its previously announced underwritten offering of 2,577,320 common shares, 2,577,320 Series A warrants to purchase up to 2,577,320 common shares (the "Series A Warrants") and 1,288,660 Series B warrants to purchase up to an additional 1,288,660 common shares (the "Series B Warrants") (the "Offering").

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