NioCorp Developments Ltd (NB) News

Looks like Associated Press put this out last night, more PR for Mark Smith and NioCorp.

https://apnews.com/article/rare-earths-trump-tariffs-china-trade-war-effd6a7ec64b5830df9d3c76ab9b607a

Two companies are trying to develop mines in Nebraska and Montana. Officials at NioCorp and U.S. Critical Materials said they hoped the push from the White House would help them raise money and obtain the necessary approvals to start digging. NioCorp has worked for years to raise $1.1 billion to build a mine in southeast Nebraska.

“As I sit and I think about how can we deal with this enormous leverage that China has over these minerals that nobody even knows how to pronounce for the most part, we have to deal with this leverage situation,” NioCorp CEO Mark Smith said. “And the best way, I think, is that we need to make our own heavy rare earths here in the United States. And we can do that.”

We could debate and DD all of the companies to see if they all had breakouts and gaps, but the reality is Mr, Smith Goes to Washington.

And not all gaps get filled.

The breakaways weren't limited to NioCorp, and we saw stocks across the critical mineral sector surge due to Trump's EO. That, combined with Mark Smith's appearance on the Money Honey's morning show, put even extra wind in NioCorp's sails. Ultimately, it was good PR, with no real material news to sustain the breakaway.

We've seen the sector cool back off, and there's no reason to think NB won't continue to settle back into the low 2's, which is where we were last week (with 1,000,000 less shares in the float).

We need a PR asap explaining how that $20 million will be spent.

Interview segment now of front page of Fox News. I thought it was a good interview. Unfortunate though that it took a complete mineral export ban from China to get the attention of govt. Plays to NioCorps favor but the warning that China could bottleneck mineral exports has been known for years. Never too late I suppose. Curious to know what was discussed at the meeting between MS and POTUS.

https://www.foxbusiness.com/fox-news-economy/mp-materials-cuts-off-us-rare-earth-china-amid-ongoing-tariff-battle

China will also restrict, thru export controls, rare earth materials to Europe to avoid transshipping to the USA.
I am honestly puzzled why the US government and DOD move at ‘ snails pace’ in establishing the Elk Creek mining facility? If the Ukrainians move as fast as the US government these Ukrainian rare earth will be available in 25 years at best.

No, not always.

Do Stocks Need to Fill Gaps?

Importantly, gaps do not always fill. Traders should never assume that a gap will fill without understanding the reasons for the gap and monitoring trading activity around the gap. Breakaway gaps often do not fill, or fill only partially since the broken support or resistance area serves as resistance or support during gap filling action.

https://centerpointsecurities.com/what-is-a-gap-fill-in-stocks/#:~:text=Regardless%20of%20your%20strategy%2C%20there,or%20resistance%20in%20the%20way.

I don't think there was much investor interest back then.Things are different now; we're seeing a run on rare earth stocks.

We closed at $2.44 on April 14 and gapped all the way up to $2.94 at opening the next day. The low of that day was only $2.55, so as of right now there is a technical price gap between $2.44 and $2.55. Not insignificant.

Gaps always fill.

Couldn't we have done this $20M Shelf a year and a half ago, when we needed the FS update..... why did we wait a year and a half? hmmmm

I often say to entrepreneurs: if you don’t run fast enough, somebody will outrun you.

It is now time for Niocorp to run fast and sprint. At some point the relation with China will warm up and we will have lost the opportunity to start this whole integrated project. Integrated project is the key word here. It’s impossible for Niocorp not to have competition with China or with another producing country, but I am confident that once we are up and running and a bit of the capex amortized (or repaid), we can take on the competition. Like Jim Sims said ‘’the more, the merrier’’

And yes, some industries cannot get off the ground without the help of the government at the beginning.
Lard

I just listened to MS interview on Fox, and the one thing that pleased me the most was the big sense of urgency in his tone of voice.
He did not have the cold demeanor that he usually has. I also like when he said that we are the most advanced project, and it seems too, by far.
If he did not say precisely what he needed to get the project on its wheels, I think he hinted to the time needed to get these type of project off the ground.
I guess it depends on the listener, but I liked this interview very much. Almost to the point of buying more. Maybe, huuuummmmm thinking about it.

Maybe I'll use Puzt reply and get ready to fire up.
Lard.

Good question Lard.

Yes that 1 gap is closed, but I was expecting a touch back @ $2.62 or so.
$2.68 is close and matches a support level almost a year ago.

I think next week goes lower on technicalities if we don’t hold support @ $2.90 (and maybe even if we do hold support).

Of course there is a gap way down below us and one way up above us.

I don’t see the Market selling down low enough to close the one below but hey, Money and free shares and warrants rule the day.

Ooops looks like I took too long typing

Like Wombat2 said buckle up because when you see something happening either you are already in or Too Late. LoL

We are still waiting for the 10 mio DOD . That would make it 30 mio. I guess that surely gets us to do all the things to do for the EXIM loan qualification. The fact that EXIM accepted a loan application for another 825 mio loan to a copper project bodes well for Niocorp’s critical US project,

I dont know. I just think 20M is enough to see equipment on the property to make some kind of progress even if it's more shitty money. Not sure there is another kind of money for us.

Someone in the White House? Wouldn’t surprise me. Some apparently made money trading last week. I heard Trump talking in the Oval office about: “ he made 900 mio, he made 2 billion’. So maybe some of these guys want to help the country ahead?

Hey Putz,
Do you consider the gap closed at 2,68?

According to the chart, are we going to bounce back?
Cause on the fundamental side, although it looks to me like we have positive developments, it seem like we need to be a bit more patient.
I would be more patient if we could hold support above $3.00.
What are your thought?

Lard

They got a letter of intent, not a loan. They have to go through the due diligence process.

Prediction 21th April closed
Who will be the buyer 
???) 

Thanks for the article. Good to see $ 825 mio EXIM loan to Ivanhoe Copper . Nice precedent for our Elk Creek critical minerals and rare earth project

Any millionaire here?
Trump taxation update.... 

How did we “get” played? We had more trading volume in 3 days vs almost three months of trading . We have millions of eyeballs looking at our investment many the first time. Not a fan of dilution but $20 million should get activity going at site this year( that news will sky rocket our SP. So if that’s getting played I’ll get played any day of the week. A ton of us on here are clearly not fans of this greedy and sometime incompetent management team. That being said you have to give credit where credit is due. Btw, if you hate this investment you should have sold yesterday and at least got your money back.

Did Mark say that he was having a meeting at the White House yesterday with administration officials?

https://www.thenew.money/article/niocorp-raises-fresh-cash-for-american-rare-earth-exploration

Well, offering at @$2.60 does feel like a gut punch to the people who bought shares yesterday in the high 3's yesterday. I don't understand why they didn't price the offering at least $3.50.

2,6
Keep in mind
Last fund spend 6,35 $
https://www.niocorp.com/niocorp-announces-closing-of-us2-0-million-registered-direct-offering/

Investors got played again. Fox Business is good for something.

Really not... I'm surprised 

Lol they did not talk to Trump.

I agree NorCal. GLTA

I traded here since around 2014...or so and like Putz chart reads..... I did too
Jim and Mark are entertaining but they are 5000 % positive and we are still far away from production start or even a positive finance studie for the rare elements... 

I guess they told Trump that Xi’s family holds a significant share in China’s rare earth imperium.. That should get Trumps attention.

It was only yesterday. This is ok. If the actions paid for by this load of money prove something more to someone, way better money can follow. This is not much dilution in the big picture. This is the biggest chunk of money in a long time. It is actually an actionable amount of money. Things can actually happen on the mine property with this. This is real.

No I never did, I try to avoid talking to salesman whenever possible. Sucks if you were misled.

I guess you talked personally to Mark a couple of times like I did

What about the spectacular WH Meeting yesterday 🤣🤣🤣🤣

You speak much better English than I ever will German, but LOL.

The great momentum just hit a wall!!! Nearly 8 million shares (80 million pre reverse split) of dilution and we haven’t even begun to get into the equity financing. We have gotten screwed over for over a decade of support!!!! 🤬😡🤬😡🤬

Language barrier too much I guess, I don't understand this.

Folks on this board have talked about loans for fs but I don't recall management ever saying that. I assumed there would be dilution to get it done. I'm just relieved there isn't a warrant and a half per share associated with this offering like the last couple.

I consider today's news to be good

LinksYouMustBe JokingLawyer Mark5 pages at least disclaimer

Smart move. $ 20 mio ( + 7.7 mio shares) and no warrants is a serious amount of money to move forward. Like the positive momentum this week. You don’t put 20 mio into the project without the reassurance of a good investment return.

😡🤬😡🤬😡

Not a fan of any dilution, but 20 million should be enough to finance additional drilling and complete the feasibility study, which in turn gives us a shot at financing.   It is time to get this project moving again. Mine Baby Mine!

Wow all that and we still have to work with crappy dilutive money. Was hoping for a different vehicle. Oh well. I hope the big money is more palatable if this chunk proves something to someone. Its good news like the month long constipation is over. Still in a lot of pain but things are moving.

NioCorp Announces Pricing of $20.0 Million Underwritten Public Offering of Common Shares.
https://mailchi.mp/niocorp.com/niocorp-announces-pricing-of-200-million-underwritten-public-offering-of-common-shares?e=8b2b97c99e

Any links? I don't recall them saying that

But..   Many times the management told . Loans coming before Exim Haha they simply lie

Yeah but no warrants and they'll finally have enough money to get something done.

Offering 2,6 🥺🥺🥺🥺😉

I guess we will find out soon who's the entity with the pot, NioCorp is sweetening to engage in a contract.

We are on our way.

***********
And we have news.

NioCorp Announces Pricing of $20.0 Million Underwritten Public Offering of Common Shares

NioCorp Announces Pricing of $20.0 Million Underwritten Public Offering of Common Shares

CENTENNIAL, CO / ACCESSWIRE / April 17, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) today announced the pricing of its previously announced underwritten public offering in the United States (the “Offering”). The Offering consists of 7,692,308 common shares (or pre-funded warrants in lieu thereof) at a public offering price of $2.60, for gross proceeds of $20.0 million before deducting underwriting discounts and offering expenses. In addition, the Company granted the underwriter a 30-day over-allotment option to purchase up to an additional 15 percent of the number of initial common shares in the Offering.

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

The Offering is expected to close on or about April 21, 2025 subject to the satisfaction of customary closing conditions.

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 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. 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 syndicate@maximgrp.com. 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.

Article on pre-funded warrants, from the article...


Pre-funded warrants are often issued as a deal “sweetener” to incentivize a third party to participate in a larger financing transaction. The issuance of pre-funded warrants may also help some investors avoid exceeding certain ownership thresholds.

https://www.lexology.com/library/detail.aspx?g=d921043e-9e1e-4c9b-a350-8ccb7e7c7374

On pre-market trades NIOBW up $0.12 to $0.80, but NB down $0.32.