U.S. President Trump told the U.S. Congress and the American people last night that he intends to take “historic action to massively expand the production of critical minerals and rare earth elements right here in America.”
NioCorp announces that all remaining obligations under the original $8,000,000 aggregate principal amount of unsecured notes of NioCorp issued on April 12, 2024 have been satisfied.
The People’s Republic of China is ratcheting up efforts to deny the U.S. and its allies access to critical minerals that are essential to national defense and many commercial technologies, according to Mark Smith, Executive Chairman and CEO of NioCorp Developments Ltd. (“NioCorp” or the “Company”) (NASDAQ:NB).
The U.S. Export-Import Bank is advancing NioCorp’s application for prospective EXIM project financing of its Elk Creek Critical Minerals Project to an independent Technical Review, part of EXIM’s second level of project due diligence.
NioCorp announces the closing of its $5.0 million underwritten offering priced at-the-market under Nasdaq rules.