NioCorp Launches Public Offering of Common Shares

NioCorp Developments Ltd. has announced a proposed public offering in the U.S., consisting of common shares or pre-funded warrants. The success of this offering is contingent on market conditions, with no guarantee of completion or set terms. Maxim Group LLC is the sole placement agent for this initiative.

The company plans to utilize the proceeds for general corporate purposes and to further the Elk Creek Project. This offering is part of a shelf registration filed with the SEC and excludes Canadian purchasers. The final terms will be available in a prospectus supplement post-SEC filing.

The announcement includes standard cautionary statements regarding forward-looking information, typically fraught with uncertainties. The company urges potential investors to review these before making decisions.