NioCorp Developments (NB) has released an update.
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NioCorp Developments Ltd. has successfully completed a private placement, raising $0.6 million through the sale of 315,000 units at $1.91 each, which include a common share and a warrant. The funds will propel the advancement of the Elk Creek Critical Minerals Project, alongside general corporate and working capital needs. The securities are subject to a four-month holding period as per Canadian laws and are not registered under US securities laws, thus not available in the US market.
For further insights into NB stock, check out TipRanks’ Stock Analysis page.
