In a live global webcast this week from Washington, D.C., NioCorp Executive Chairman and CEO Mark Smith announced that NioCorp had entered “a new phase of execution” in seeking to bring the Company’s Elk Creek Critical Minerals Project to commercial reality.
“With NioCorp’s recent success in attracting significant new capital from institutional investors, we have entered a new phase in our execution plan for the Elk Creek Critical Minerals Project. We are now sufficiently funded to complete the work necessary to update our project’s Feasibility Study, as requested by the U.S. Export-Import Bank of the U.S.,” Mr. Smith said. “That Feasibility Study update is key to securing project financing from both the debt and equity side and moving us to a construction start.”
Joining Mr. Smith in the webcast were NioCorp’s Chief Operating Officer Scott Honan, GreenMet Founder and CEO Drew Horn, and Jacob Anderson, CPG, MAusIMM, Resource Geologist and Business Development Lead of Dahrouge Geological Consulting Ltd.
The public can see a video replay of the entire NioCorp webcast here: https://youtu.be/3C-OdaUCxzI