NioCorp Developments CEO Mark A. Smith (NASDAQ:NB) will speak at the “2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metals,” presented by Maxim Group LLC on Thursday, January 16, 2025.
NioCorp will speak at the 20th Annual Rare Earth Conference in Washington, D.C. on its plans to potentially produce commercial grade magnetic rare earth oxides at its proposed Elk Creek Project, including the heavy rare earth oxides of dysprosium and terbium.
NioCorp CEO and Executive Chairman Mark A. Smith has agreed to establish a new $2 million non-revolving credit facility with NioCorp to assist the Company in continuing its work to secure project financing for the Company’s critical minerals project in Southeast Nebraska and for general corporate purposes.
NioCorp has satisfied at all remaining obligations under the original $16.0 million of the convertible debenture that was issued in March 2023 to YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP.
NioCorp (Nasdaq:NB) is pleased to announce that it has engaged JPMorgan Chase Bank, N.A. to assist NioCorp in seeking debt financing supported by the Export-Import Bank of the U.S. to advance NioCorp’s proposed Elk Creek Critical Minerals Project.