NEWS
NioCorp News Releases
NioCorp Plans to Produce Made-in-USA Scandium Master Alloy to Supply Lightweight Parts to Vehicles
NioCorp Developments Ltd. (NASDAQ:NB) (TSX:NB) plans to make aluminum-scandium master alloy product from mining and upgrade facilities to be located in the U.S., which could enable commercial and defense manufacturers to replace select existing aluminum parts in vehicles.
NioCorp Announces Delay in Filing Annual Financial Statements
NioCorp (Nasdaq: NB; TSX: NB) announced today that it anticipates a delay in filing its annual financial statements for the year ended June 30, 2023, the related management’s discussion and analysis, and the CEO and CFO certifications relating to the annual financial statements before the September 28, 2023 deadline.
NioCorp Completes Issuance and Sale of 75,000 Shares under the Standby Equity Purchase Agreement
NioCorp (Nasdaq: NB; TSX: NB) today issued and sold 75,000 shares of the Company’s common shares, without par value, upon settlement of the previously announced Advance Notice that it delivered on September 13, 2023 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023.
NioCorp CEO Mark Smith To Highlight Aluminum-Scandium Master Alloy Initiative at the 25th Annual H.C. Wainwright Global Investment Conference on September 12, 2023
NioCorp CEO Mark Smith will present to investors around the world on NioCorp’s Elk Creek Critical Minerals Project and the Company’s recently launched Aluminum-Scandium Master Alloy vertical integration initiative at the 25th Annual Global Investment Conference on Tuesday, September 12, 2023.
NioCorp Delivers Advance Notice under the Standby Equity Purchase Agreement
NioCorp announces that it has delivered a written notice pursuant to the previously announced Standby Equity Purchase Agreement, dated January 26, 2023 requesting the purchase of 70,000 shares of the Company’s common shares, without par value.
NioCorp Provides Preliminary Financial Results for the Fiscal Year Ended June 30, 2023
NioCorp Developments Ltd. (NASDAQ:NB) (TSX:NB) today provided its preliminary financial results for the fiscal year ended June 30, 2023.
NioCorp Announces Closing of Private Placement for Gross Proceeds of US$1 Million
NioCorp Developments Ltd. (TSX: NB; NASDAQ: NB) is pleased to announce that it has closed a non-brokered private placement of 250,000 units of the Company at a price of USD$4.00 per unit, for aggregate gross proceeds to the Company of USD$1 million.
NioCorp Succeeds in Producing Scandium Metal at Pilot-Scale as Part of its Aluminum-Scandium Master Alloy Initiative
A phased program to establish U.S. commercial production of aluminum-scandium master alloy took another step forward recently as NioCorp Developments Ltd. (NASDAQ:NB) (TSX:NB) and its development partner Nanoscale Powders LLC successfully produced scandium metal at pilot-scale at a facility owned and operated by Creative Engineers in Pennsylvania.
Nebraska’s U.S. Senator Deb Fischer and Congressman Don Bacon Secure $10 Million in Federal Funding for U.S. Aluminum-Scandium Master Alloy Production
NioCorp is praising U.S. Senator Deb Fischer (R-NE) and U.S. Rep. Don Bacon (R-NE) for securing legislation in both the House and Senate versions of the FY2024 National Defense Authorization Act regarding the strategic importance of scandium, as well as securing $10 million in federal funding to support commercial production of aluminum-scandium master alloy production in the U.S.
NioCorp Praises U.S. House Armed Services Committee For Highlighting the Importance of Aluminum-Scandium Master Alloy
NioCorp is praising the U.S. House Armed Services Committee for highlighting the importance of aluminum-scandium master alloy to the United States and to many defense applications. NioCorp recently launched a phased commercialization effort for this master alloy.
Stellantis and NioCorp Sign Rare Earth Offtake Term Sheet in Support of Stellantis’ Commitment to Reaching Carbon Net Zero by 2038
Stellantis N.V. and NioCorp (Nasdaq:NB) (TSX:NB) today announced the signing of a Rare Earth Offtake Term Sheet. The objective is to enter into a definitive rare earth supply agreement to support Stellantis’ commitment to build resilient supply chains and reach carbon net zero by 2038 and to help accelerate NioCorp’s path to commercial production of magnetic rare earth oxides in the U.S.
NioCorp Completes Issuance and Sale of 100,000 Shares under the Standby Equity Purchase Agreement
NioCorp Developments today issued and sold 100,000 shares of the Company’s common shares, without par value, upon settlement of the previously announced Advance Notice that it delivered on June 6, 2023 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023.
NioCorp Applies for Debt Financing From the US Export-Import Bank
NioCorp has submitted an application to the Export-Import Bank of the United States for debt financing to fund the project costs for the Company’s proposed Elk Creek Critical Minerals Project, located in southeast Nebraska, under EXIM’s “Make More in America“ initiative.
NioCorp Applauds Pro-Growth Tax Reforms by Nebraska
NioCorp applauded Nebraska Governor Jim Pillen (R) and a bipartisan group of Nebraska Senators for enacting a historic package of tax reform measures that are expected to stimulate greater investment in Nebraska by cutting the top individual and corporate state income tax rates by nearly one-third over the next several years.
NioCorp Completes Geotechnical Drilling Campaign at the Elk Creek Critical Minerals Mine Site
NioCorp (NASDAQ:NB) (TSX:NB) today announced the successful completion of a geotechnical drilling campaign at the Elk Creek Critical Minerals Project in southeast Nebraska, which was done in advance of the proposed site preparation, grading, heavy construction, and eventual foundation pours for the Elk Creek Project that are expected to commence once sufficient financing is obtained.
NioCorp Announces Filing of Quarterly Financial Statements
NioCorp (Nasdaq: NB; TSX: NB) has filed its quarterly financial statements for the three and nine months ended March 31, 2023.
NioCorp Launches Phased Approach to Commercial Production of Made-in-America Aluminum-Scandium Master Alloy
NioCorp Partnering with Nanoscale Powders LLC to Explore the Possibility of Establishing the First US-Based Mine-to-Master-Alloy Vertically...
NioCorp Demonstrates the Ability to Potentially Double Projected Titanium Recovery Rates for the Elk Creek Project
NioCorp has demonstrated an ability to potentially double the recovery of titanium from each tonne of ore the Company expects to mine at its Nebraska-based Elk Creek Critical Minerals Project, as as to potentially produce a purer form of titanium that may command a higher price than is assumed in NioCorp’s June 2022 feasibility study.
NioCorp Demonstrates Higher Niobium Recovery Rates
NioCorp (NASDAQ:NB) (TSX:NB) has successfully demonstrated the ability to recover greater amounts of the critical mineral niobium from each tonne of ore the Company expects to mine at its Elk Creek Critical Minerals Project.
NioCorp Set to Be Added to the Russell 3000 Index
NioCorp Developments (NASDAQ:NB) (TSX:NB) is pleased to announce that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26.
NioCorp Receives Notification from Nasdaq Related to Delayed Quarterly Report on Form 10-Q
NioCorp has received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC on May 24, 2023, indicating that, because the Company has not filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2023 within the prescribed time period, the Company is not in compliance with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1).
NioCorp Granted Extension to File Third Quarter Financial Statements
NioCorp announces that its principal Canadian regulator, the Ontario Securities Commission, has approved an extension to file the Company’s third quarter financial statements for the period ended March 31, 2023, the related management’s discussion and analysis, and the CEO and CFO certifications relating to the third quarter financial statements through to May 23, 2023.
NioCorp Announces Change in Board of Directors
NioCorp announced today that Fernanda Reda Fenga Viana Klamas has resigned from the NioCorp Board of Directors because of an inability to commit the necessary time to serving on the Board.
NioCorp Announces Delay in Filing Quarterly Financial Statements
NioCorp announced today that it anticipates a delay in filing its quarterly financial statements for the three and nine months ended March 31, 2023 before the May 15, 2023 deadline.
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