NioCorp Developments Ltd. Launches $45 Million Public Offering

NioCorp Developments Ltd. has announced the pricing of a significant public offering in the United States. The company plans to sell up to 13,850,000 common shares at $3.25 each, aiming to raise approximately $45 million before fees and expenses. Maxim Group LLC will serve as the sole placement agent for this offering.

The net proceeds are earmarked for working capital and advancing the Elk Creek Project towards commercial operation. The closing of the offering is anticipated around July 18, 2025, contingent upon standard closing procedures. A Form S-3 registration statement, filed with the SEC, supports this offering. Importantly, no securities will be sold to Canadian investors.