NioCorp announces that it intends to offer, on a non-brokered private placement basis, up to 3,174,604 units of the Company at a price of C$0.63 per Unit for gross proceeds to the Company of up to C$2.0 million.
NioCorp will be featured as a presenting company at the 20th Annual Rodman & Renshaw Global Investment Conference, sponsored by H.C. Wainwright & Co., LLC. The conference is being held on September 4-6, 2018 at the St. Regis New York Hotel in New York City.
NioCorp is pleased to announce receipt of a new proposed design for the underground portion of its Elk Creek Critical Minerals Project by the Nordmin Group of Companies (“Nordmin”). The new mine design confirms the technical feasibility of several innovative approaches to mining Elk Creek’s critical minerals which, if accepted by NioCorp, could further streamline the process of moving the Project to initial construction.
A U.S. Senate Committee chose to highlight NioCorp’s Elk Creek Critical Minerals Project because of the uniqueness of the critical minerals it plans to make and because of the Project’s success in reducing its expected environmental impacts.
NioCorp announces that it has agreed to testify on Tuesday, July 17, 2018, before the U.S. Senate Committee on Energy and Natural Resources on its Elk Creek, Nebraska Critical Minerals Mine and on the economic and national security implications of the three superalloy metals it plans to produce.
NioCorp announces that ongoing work on detailed engineering being conducted by the Nordmin Group of Companies on NioCorp’s proposed Elk Creek Nebraska, Critical Minerals Mine shows that a proposed waterline to the Missouri River is no longer needed by the Project.