NioCorp Developments (NB) has released an update.
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NioCorp Developments Ltd. has fulfilled its financial obligations by repaying the $16.0 million convertible debenture to investment fund manager Yorkville, clearing debt ahead of its Elk Creek Critical Minerals Project in Nebraska. This step fortifies the company’s position as it seeks further funding for the project aimed at extracting essential minerals like niobium, scandium, and titanium, as well as exploring the production of rare earth elements.
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