NioCorp Developments Ltd. announced on July 18, 2025, the closing of its previously announced public offering. The offering successfully raised $45.0 million in gross proceeds.
This significant capital infusion provides NioCorp with essential funding to continue advancing its Elk Creek Critical Minerals Project. The company relies on external financing to support its development-stage operations.
While securing this substantial amount of capital is critical for the project's progress and the company's liquidity, the issuance of new common shares results in further dilution for existing shareholders.
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