NioCorp Completes $60 Million Public Offering

NioCorp Developments Ltd. has successfully closed its $60 million public offering of common shares in the United States. This offering involved 9,760,000 common shares priced at $6.15 each, generating gross proceeds of approximately $60 million before fees and expenses. Maxim Group LLC acted as the sole placement agent.

The company plans to use the net proceeds for working capital and to advance the Elk Creek Project, targeting commercial operation. The offering was conducted under a registration statement effective since June 2024, with no sales made to Canadian purchasers.

For more details, the final prospectus supplement is available on the SEC and SEDAR+ websites. This announcement does not constitute an offer to sell securities where unlawful.