Business
NioCorp Announces Commencement of Proposed Public Offering of Common Shares
CENTENNIAL, CO / ACCESS Newswire / September 25, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) today announced it has commenced a
About this update from Niocorp Developments Ltd.
[{"type":"text","content":"CENTENNIAL, CO / ACCESS Newswire / September 25, 2025 / NioCorp Developments Ltd. (\"NioCorp\" or the \"Company\") (NASDAQ:NB) today announced it has commenced a proposed public offering in the United States (the \"Offering\"). The Offering consists of common shares (or pre-funded warrants in lieu thereof) and is subject to market conditions. There can be no assurance as to whether or when the Offering may be completed, or as to the actual size, pricing or other terms of the Offering.Maxim Group LLC is acting as sole placement agent, on a reasonable best-efforts basis, for the Offering.NioCorp currently intends to use the net proceeds from the Offering for working capital and general corporate purposes, including to advance its efforts to launch construction of the Elk Creek Project and move it to commercial operation.The Offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-280176) previously filed with the U.S. Securities and Exchange Commission (the \"SEC\") on June 13, 2024 and subsequently declared effective by the SEC on June 27, 2024. NioCorp may offer and sell securities in both the United States and other jurisdictions outside of Canada. No securities will be offered or sold to Canadian purchasers under the Offering. A preliminary prospectus supplement and accompanying prospectus relating to the Offering and describing the terms thereof will be filed with the SEC and forms a part of the effective registration statement and will be available on the SEC's website at www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at [email protected]. The final terms of the Offering will be disclosed in a final prospectus supplement to be filed with the SEC, which will be available for free on the SEC's website at www.sec.gov and will also be available on the Company's profile on the SEDAR+ website at www.sedarplus.ca.This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful ...