A scoping study completed by Optimize Group Inc. suggests that NioCorp Developments Ltd. could significantly cut CAPEX and OPEX costs, reach full commercial production sooner, and operate with a lower carbon footprint by electrifying its proposed Elk Creek Critical Minerals Mine via a Railveyor™ system
NioCorp plans to investigate the feasibility of rare earth permanent magnet recycling.
NioCorp’s Board has approved the voluntary delisting of the Company’s common shares from the Toronto Stock Exchange as of close of markets on May 3, 2024. NioCorp’s common shares will continue to be listed and trade on the Nasdaq Capital Market under the symbol “NB”.
NioCorp (Nasdaq: NB; TSX: NB) has closed a private placement of US$8,000,000 aggregate principal amount of unsecured notes of NioCorp.
NioCorp today issued and sold 85,000 shares of the Company’s common shares, without par value, upon settlement of the previously announced Advance Notice that it delivered on March 12, 2024 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023.