NEWS
NioCorp News Releases

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.

NioCorp Announces Closing of $US2.0 Million Registered Direct Offering
NioCorp (Nasdaq: NB; TSX: NB) has closed its previously announced registered direct offering of an aggregate of 314,465 common shares for aggregate gross proceeds to the Company of approximately US$2.0 million, before deducting Offering expenses payable by the Company.

NioCorp Announces US$2.0 Million Registered Direct Offering
NioCorp has entered into a definitive agreement with a fund managed by Kingdon Capital Management, LLC for the sale of an aggregate of 314,465 common shares in a registered direct offering at a price of $6.36 per share for aggregate gross proceeds to the Company of approximately US$2.0 million, before deducting Offering expenses payable by the Company.

NioCorp Achieves Processing Breakthrough in Demonstration Plant Testing of Niobium and Titanium Production
NioCorp (Nasdaq:NB; TSX: NB) and L3 Process Developments are pleased to announce a process breakthrough in niobium and titanium recovery achieved at L3’s demonstration-scale processing plant Trois-Rivieres, Quebec.

NioCorp to Ring The Nasdaq Stock Market’s Opening Bell
NioCorp Developments Ltd. (Nasdaq:NB; TSX: NB) is pleased to announce that Mark A. Smith, NioCorp’s CEO and Executive Chairman, will ring the opening bell on The Nasdaq Stock Market at 9:30 a.m. on Thursday, March 30, 2023.

NioCorp’s Stock Now Trading on the Nasdaq Stock Market
NioCorp is pleased to announce that its stock began trading on the Nasdaq Stock Market today under the ticker symbol “NB.”

NioCorp Closes Business Combination with GXII and Separate Financing Deals Providing Access to Up to US$71.9 Million in Net Proceeds Over the Next Three Years
NioCorp closes business combination with GXII and separate financing deals providing access to up to US$71.9 million in net proceeds over the next three years

NioCorp Gains Access to as Much as $71.9 Million in Net Proceeds Over the Next Three Years from its SPAC Transaction and Two Additional Financings as it Prepares to Launch Trading on the Nasdaq Stock Market
NioCorp gains access to as much as $71.9 Million in net proceeds over the next three years from its SPAC transaction and two additional financings as it prepares to launch trading on the Nasdaq Stock Market.

NioCorp Announces Effective Date of Share Consolidation
NioCorp plans to effect a share consolidation of its issued and outstanding common shares on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares.

NioCorp Developments Ltd. Shareholders Vote Overwhelmingly to Support Business Combination with GXII and to Approve Up to $81 Million in Separate Financing Deals for NioCorp
NioCorp shareholders vote overwhelmingly to support business combination with GXII and to approve up to $81 million in separate financing deals for NioCorp.

Export-Import Bank of the United States Issues Letter of Interest to NioCorp for Potential Debt Financing of up to $800 Million for NioCorp’s Elk Creek Critical Minerals Project
NioCorp receives a Letter of Interest from the EXIM Bank for potential debt financing of up to $800 million to fund the project costs of NioCorp’s proposed Elk Creek Critical Minerals Project.

NioCorp Expands Existing Non-Revolving Credit Facility to US$4 Million
NioCorp has expanded its existing non-revolving credit facility between the Company and its Executive Chairman, Mark Smith, to US$4 million from the previous limit of US$3.5 million.
NioCorp and Zachry Group Execute Engineering Contract for the Elk Creek Critical Minerals Project’s Surface Facilities
NioCorp has executed a contract with Zachry Group to develop a cost for the surface facilities associated with NioCorp’s Elk Creek Critical Minerals Project in southeast Nebraska.

NioCorp to Hold Special Meeting of Shareholders on March 10, 2023 Regarding its Proposed GXII Transaction
NioCorp to Hold Special Meeting of Shareholders on March 10, 2023 Regarding its Proposed GXII Transaction

NioCorp’s Rare Earth Demonstration Plant Showing Strong Rare Earth Recovery Results, in Line with Expectations
Results Support Feasibility of Separating Magnetic Rare Earth Oxides, Which are Vital to Electric Vehicles and Critical U.S. Defense Systems...
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