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NioCorp Developments Ltd

NioCorp Developments Ltd (NB)

2.58
-0.01
(-0.39%)
Closed April 23 4:00PM
2.65
0.07
(2.71%)
After Hours: 7:56PM

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Truth and Transparency Truth and Transparency 4 seconds ago
Mark Smith my words, financing is imminent. I never disappoint!!!!
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ColdDarkHole ColdDarkHole 1 hour ago
Why would they? This is already free money for them if it takes off.
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ge11 ge11 4 hours ago
https://mailchi.mp/niocorp.com/niocorp-to-host-webcast-update-on-the-elk-creek-critical-minerals-project?e=c005a075e7
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wagner wagner 5 hours ago
Only good thing to mention the deal was only for common shares dilution, not warrants and other stuff....
Why no insider from the funds spacs Dean kehler investing more???? 
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Perfectson Perfectson 7 hours ago
No - this was definitely timed, it's a common tactic for these types of stocks. I didn't research the terms of the deal and how long the folks had to hold on to the shares but i wouldn't be surprised if they quickly dumped them for a profit.
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ColdDarkHole ColdDarkHole 9 hours ago
I am also hoping the testing for these drill cores is expedited by those that would want "urgency" in this mineral fight. Every vendor can expedite anything for the right price. 6 months? OK here's a check from the dept of defense. OK now its 1 month because you just paid for more people and multiple parallel analyses. That would be actual "urgency". Probably not but who knows.
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ColdDarkHole ColdDarkHole 11 hours ago
The red/green daily % does not matter at all. Its going to be all over the place day to day. Not even worth watching till this is all done and the FS is done. It might not even be worth watching then. This share price is not going anywhere meaningful for the foreseeable future. At least "6-9 months". You are correct about 2026. Still hoping for a nice acquisition out of nowhere.
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AlwaysOptimistic AlwaysOptimistic 11 hours ago
3 news pieces within 9 days is a first.
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Truth and Transparency Truth and Transparency 11 hours ago
Later in the month means later in the year by management timelines. You can take the time stated by management and take it times 4-6X for a more accurate timeline
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wagner wagner 11 hours ago
Fluffy 1 %. If....... 
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bernice bernice 14 hours ago
Very good News. 
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PutzMueler PutzMueler 14 hours ago
So basically the drilling is going to start within the next week.

to launch later this month
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Hetfield Hetfield 14 hours ago
NioCorp to Initiate Drilling Program at Elk Creek Project in Order to Support Updated Feasibility Study

12-week drilling campaign in Nebraska, to launch later this month, is designed to support the conversion of a portion of the current indicated resource into measured resources and the subsequent conversion of a portion of the current probable mineral reserve into proven mineral reserves in an updated feasibility study

An updated feasibility study is necessary as part of the due diligence process of the application for debt financing NioCorp is seeking from the U.S. Export-Import Bank

NioCorp’s critical minerals project is designed to potentially produce certain critical minerals that China now threatens to withhold from the U.S. and Western allies


CENTENNIAL, Colo. (April 22, 2025) –NioCorp Developments Ltd. (“NioCorp” or the “Company”) (NASDAQ:NB) is launching a limited 9-hole drilling campaign later this month designed to support the conversion of a portion of its current Indicated Resources into Measured Resources and the subsequent conversion of a portion of its current Probable Mineral Reserves into Proven Mineral Reserves at its Nebraska-based Elk Creek Critical Minerals Project (the “Elk Creek Project”).

The drilling campaign will supplement previous exploratory drilling and will operate under existing permits issued by the State of Nebraska. The drilling campaign is intended to complement other technical and economic analyses necessary to update the feasibility study for the Elk Creek Project. An updated feasibility study is necessary as part of the due diligence process for up to $800 million in potential debt financing that NioCorp is seeking from the Export-Import Bank of the United States (“EXIM”).

In addition to the updates to Mineral Resources and Mineral Reserves update, NioCorp expects to finalize engineering of its new and more efficient production process which incorporates the potential addition of light and heavy magnetic rare earth oxides, the planned production of titanium in the form of titanium tetrachloride, and the potential to produce both ferroniobium and niobium oxide as commercial products.

“With China’s recent moves to restrict exports to the U.S. of heavy rare earths and other defense-critical minerals, it is all the more urgent to get strategic assets such as the Elk Creek Project to full financing, construction, and commercial operation as rapidly as possible,” said Mark A. Smith, Executive Chairman and CEO of NioCorp. “To that end, we are excited to launch this drilling campaign in order to continue progressing our debt financing effort with EXIM and move this fully permitted Project forward to construction.”



As previously announced, as part of the diligence process, EXIM has identified additional project activities to be undertaken, including, among other things, an updated mine plan and updated Elk Creek Project capital costs. However, there can be no assurance what further project activities or matters EXIM may request in connection with the application process. NioCorp is currently unable to estimate how long the application process with EXIM may take, and there can be no assurances that the Company will be able to successfully negotiate a final commitment of debt financing from EXIM.
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wagner wagner 19 hours ago
Interesting times ahead....
Lucky 2,6 buyer 😂
Or is there really something fantastic coming up... 
Material news and pictures of the drilling start would be a nice small step
More information is not on the horizon from my point of view. 
2026 coming
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NorCalTommy NorCalTommy 20 hours ago
Lard- well since we have been waiting for almost 2 years, one would think our managment would have been sure to line up the drilling equipment..... but one can never take these things for granted since we all remember the wrong power provisioned in the testing environent in Quebec that cost us "6-9 months" (notice all delays are coincidentally in "6-9 month increments")..... and who could forget the 'gatorade bottle' on the Kiln equipment!! hahahaha.... argh..... you just can't make this shit up!! sometimes it's a 3 ring circus with clowns- waiting in limbo to replace 120V power with 408V power distribution.. DOH ... other times we're sitting in front of the WH administration cabinet- allegedly getting "fantastic support" .......... yeeeeeeee freakin' hawwwwwwwws
NCT
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PutzMueler PutzMueler 1 day ago
No pun intended?
Can’t put to much stock in AH

Haha good one.
Wink
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Prudent Capitalist Prudent Capitalist 1 day ago
Can't place too much stock in AH trading but the current Bid and Ask for NB is $2.64 x $2.85 with a last trade of $2.75. oops.....now $2.64
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Lard Lard 1 day ago
Well, Let's see if they have drilling rigs on the property soon.
I remember sometimes like 8 years ago, we were told that a delay was caused by the unavailability of drilling rigs. It seems like it's not as easy as ''Rent-A-Car''.

It would be nice that when\if someones drives by the property and see drilling rigs could inform us.
I would be happy to hear that there are some (or one) drilling rig on the site in May.
They need to run\sprint with this money, not walk or stroll along.....

Lard
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ColdDarkHole ColdDarkHole 1 day ago
Well, whoever bought the 8M+ shares is already underwater at 2.6. More downside coming. Someone is a believer, or wanted to fund this company to the tune of 20M for a reason. A trade that size on the ask in the open would have triggered a skyrocket price and a cascade of frenzied traders trying to get out with fistfuls of money. This was a "block trade" through a 3rd party I think. 🤷

https://www.investopedia.com/terms/b/blocktrade.asp#:~:text=Block%20trades%20are%20large%20securities,and%20managed%20by%20specialized%20intermediaries.
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wagner wagner 1 day ago
No surprise to Walter or anyone else... Closed below 2,6....No institution on fintel increases big... 
What is wrong with Mark??? 
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ColdDarkHole ColdDarkHole 1 day ago
Rich guys, corporations, and governments sometimes prefer ambiguity. Who knows, that is just my little speculation. Probably wildly incorrect knowing my life. No institution has had that kind of interest in one chunk until now, and I don't think they took on 20M for fun to try to sell to clients. I believe they had a solid buyer on the line.
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wagner wagner 1 day ago
Why not a open communication? 
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ColdDarkHole ColdDarkHole 1 day ago
If the 20M achieves the drilling and a FS, then after that. If there isn't a drill rig on the property by June or July I would say we have a bigger problem than we already thought. What does urgency to harvest this resource actually look like, and what garners urgent fantastic financial support?

Was the the 8M+ shares bought by Maxim on their own behalf because they thought it was a good idea? Or was Maxim approached by a 3rd party, known to NB management, that bought the shares as part of a plan to preliminarily finance the company in order to perform needed tasks to move on to a larger package? We get $20M, Maxim is de-risked, and the "client" NB benefactor stays out of the light.
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wagner wagner 1 day ago
What is the next aim and what expected time frame?
20 Mio only for salary???
But the support was fantastic 🙄🤣🙄
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th6565 th6565 1 day ago
You should blame US governments let outsourcings far too long. Business leaders are always greedy on profits.
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ColdDarkHole ColdDarkHole 1 day ago
I do believe 20M is important material news. I hope the data brought from activities that cost 20M bring the cause to finance the project in full and then some to facilitate actual urgency.

I would not worry about the share price at all for a long time from now because its not going anywhere until our homework is done, or something else happens that changes our current reality.
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wagner wagner 1 day ago
Today ole ole no material news......2,6 opportunities coming 🙄🙄🙄
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ColdDarkHole ColdDarkHole 1 day ago
We are running on the same schedule as before so I'm not sure we have any urgency now. This will not be in production by the end of the presidential term. We do have 20M to do homework with to maybe make it to actually breaking ground on actual construction. That is something positive, but I see no urgency here on behalf of the government. Lots of talk so far.

Urgency would be putting up enough money to get the best construction project management, EPC, and equipment resources money can buy in order to get this going an completed as soon as possible. We definitely do not have that going on. That would completely void and inflate the current cost estimate but that would be "urgency" to get minerals for defense disregarding cost to get it NOW. Will never happen most likely.

2029-2030 is looking to be the actual production timeframe with 2029 being the absolute best case if everything went perfectly. What will the atmosphere be by then? Who knows. If we are stuck using our current tentative business partners that timeframe is out the window.
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vin5000 vin5000 2 days ago
We, as a country, have had no urgency around critical minerals and metals. If it took "chaos" and an executive order to shine a spotlight on the precarious situation our leaders have put us in over the past several decades, so be it.
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PutzMueler PutzMueler 2 days ago
We are all in the same boat.

Some are closer to the captain than others.
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ColdDarkHole ColdDarkHole 2 days ago
Correct He did not, just like you forgot to predict anything accurately here or at IBC for the last decade. Thankfully a single crazy election has given you something to stand on. Otherwise, we would be sitting here in abject silence like October 2024. As insane and sad as that is, that is the only reason we have this new anticipation. Hopefully we pull this up by the skin of our noses, and walk away with some money that exceeds the earnings of money market by the time the dilution is done.

The chaos, the bellicose antagonism, the tariff trade war, the executive order all came from one man and precipitated into a chance for this project. You would have never predicted that, but if you did and were wrong you could just add it to your collection.
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walterc walterc 2 days ago
but you forgot to predict the close yesterday.
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Demolition Man Demolition Man 2 days ago
What crazy swings today with almost 3 million in volume. Cannot believe I’m saying this but could something be behind the bush?
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Dead On Arrival Dead On Arrival 2 days ago
Who does the proof reading for this company. April 2020.
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th6565 th6565 2 days ago
If we are here just for mining of rare earths we are not going anywhere. I see Elk Creek project proposed one step further with processing/ refinery plans.

I hope there are enough talents and trainings to make it producing final, useful forms of rare earths
elements.
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GYMNAST GYMNAST 2 days ago
https://www.msn.com/en-us/money/markets/trump-moves-to-accelerate-u-s-rare-earth-mining-projects-amid-rising-pressure-from-china-s-monopoly/vi-AA1Dkw4z?ocid=hpmsn&cvid=b2841066dd9c4f35fe9d4d13276b17c4&ei=16
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th6565 th6565 2 days ago
Like I said many times before, US government has to help out to get going of own rare earths supplies to shore up defense industry, Or trade war suddenly settles back to normal like old days.

Scandium silicon alloys could resist very very high temperature.
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th6565 th6565 2 days ago
Surprised or not NB closed green today.
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NorCalTommy NorCalTommy 2 days ago
I would love to have been a fly on the WH wall during Niocorp meeting(s) with WH,Congress, EXIM etc... Curious what 'Fantastic Support' entails....... don't want to sound ungrateful but we have heard lots of optimistic projections in the past years, while nothing has materialized.... just throw us a few more bones or table scraps please......
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Research&Hope Research&Hope 2 days ago
More drills! More drills! 11 or 12 holes but only 2 drills.
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stark12 stark12 2 days ago
Hopefully we get an announcement soon about work commencing both on site and everything needed to complete a new feasibility study.
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Research&Hope Research&Hope 2 days ago
Add 2 more drills (or more) with the over-allotment of $800,000 and let's get this done!
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wagner wagner 2 days ago
Ugly I sayMark said so often that have many institutions in contact with that want to support.......Maxim Group, York and the stars..... 
Big cinema to watch Mark's next steps.... 
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PutzMueler PutzMueler 2 days ago
There will not be a name other than Maxim. They bought all the shares and they are going to sell them to the public who are their clients. At whatever price or discount they like.

They did not pay maximum, they got in on the ground floor. JMO
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wagner wagner 2 days ago
Still... No name but Maxim paid maximum 😘
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PutzMueler PutzMueler 2 days ago
What is an underwritten public offering?

Means an An offering (including an offering pursuant to a Shelf Registration Statement) in which shares of Common Shares Stock are sold to an underwriter on a firm commitment basis for reoffering to the public or an offering that is a "bought deal" with one or more investment banks.

So unless Trump goes stale on us, maxim is going to make a piss pot full of money. Who knows who the public buyers are? Maybe Trump knows. LoL
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Prudent Capitalist Prudent Capitalist 2 days ago
NioCorp Announces Closing of Underwritten Public Offering, Including Partial Exercise of Underwriter’s Option, for Total Gross Proceeds of Approximately $20.8 Million

CENTENNIAL, CO (April 21, 2020) NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB)today announced the closing of its previously announced underwritten public offering in the United States (the “Offering”). The Offering consisted of 7,692,308 common shares, without par value, of the Company (“Common Shares”) (or pre-funded warrants in lieu thereof). Each Common Share was sold at a public offering price of $2.60. The gross proceeds from the Offering, before deducting underwriting discounts and offering expenses, were approximately $20.0 million.

In addition, on the closing date, the underwriter exercised in part its option to purchase up to an additional 323,504 Common Shares pursuant to the over-allotment option granted to the underwriter in connection with the offering for additional gross proceeds of approximately $0.8 million. As a result of the partial exercise of the over-allotment option, no further exercises of the over-allotment option may take place and the Offering is closed in its entirety.

Maxim Group LLC acted as sole book-running manager and underwriter for the Offering.

The Offering was 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 was permitted to offer and sell securities in both the United States and other jurisdictions outside of Canada. No securities were offered or sold to Canadian purchasers in the Offering.

A final prospectus supplement and accompanying prospectus relating to the Offering and describing the terms thereof has been filed with the SEC and forms a part of the effective registration statement and is available on the SEC’s website at www.sec.gov and on the Company’s profile on the SEDAR+ website at www.sedarplus.ca. Copies of the final 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 syndicate@maximgrp.com.

# # #

CONTACTS:

Jim Sims, Chief Communications Officer, 720-334-7066
Email: jim.sims@niocorp.com
@NioCorp $NB #Niobium #Scandium #rareearth #neodymium #dysprosium #terbium #ElkCreek #China #criticalminerals
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wagner wagner 2 days ago
Closing update is out
No name mentioned, only Maxim as sole group running manager 
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wagner wagner 2 days ago
Maybe fortune is with the company this time. Might end in green...
I want as anyone else clear information. 

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ColdDarkHole ColdDarkHole 2 days ago
All of this is still very recent. More might happen. This last couple months has been the biggest shift in years. I am hoping for another very large development of some kind before the season changes to summer.
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