NioCorp plans to effect a share consolidation of its issued and outstanding common shares on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares.
NioCorp shareholders vote overwhelmingly to support business combination with GXII and to approve up to $81 million in separate financing deals for NioCorp.
NioCorp receives a Letter of Interest from the EXIM Bank for potential debt financing of up to $800 million to fund the project costs of NioCorp’s proposed Elk Creek Critical Minerals Project.
NioCorp has expanded its existing non-revolving credit facility between the Company and its Executive Chairman, Mark Smith, to US$4 million from the previous limit of US$3.5 million.
NioCorp has executed a contract with Zachry Group to develop a cost for the surface facilities associated with NioCorp’s Elk Creek Critical Minerals Project in southeast Nebraska.
NioCorp to Hold Special Meeting of Shareholders on March 10, 2023 Regarding its Proposed GXII Transaction