NioCorp will provide an update to markets and government leaders at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024 on the Company’s efforts to advance technology innovation that relies on scandium to lightweight vehicles, cut automotive manufacturing costs, and reduce CO2 emissions.
NioCorp CEO and Executive Chairman Mark A. Smith has agreed to establish a new $2 million non-revolving credit facility with NioCorp to assist the Company in continuing its work to secure project financing for the Company’s critical minerals project in Southeast Nebraska and for general corporate purposes.
NioCorp has satisfied at all remaining obligations under the original $16.0 million of the convertible debenture that was issued in March 2023 to YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP.
NioCorp is pleased to announce that the U.S. SEC has made effective a US $200 million shelf registration statement on Form S-3.
NioCorp to host a Technology Briefing Webcast at 11 a.m. Mountain on Wednesday, June 5, 2024, on the Railveyor technology and its potential to significantly cut CAPEX and OPEX costs, help NioCorp reach full commercial production sooner, and operate with a lower carbon footprint by electrifying its proposed Elk Creek Critical Minerals Mine.
NioCorp (Nasdaq:NB) is pleased to announce that it has engaged JPMorgan Chase Bank, N.A. to assist NioCorp in seeking debt financing supported by the Export-Import Bank of the U.S. to advance NioCorp’s proposed Elk Creek Critical Minerals Project.