NioCorp Announces $150.2 Million Direct Offering

NioCorp Developments Ltd. has announced a registered direct offering in the United States, pricing common shares at-the-market under Nasdaq rules. This offering encompasses approximately 16.08 million common shares at $9.34 each, expected to generate roughly $150.2 million before fees and expenses. Maxim Group LLC serves as the sole placement agent.

The funds are designated for working capital and corporate activities, notably advancing the Elk Creek Project towards construction and commercial operation. The offering is anticipated to close around October 15, 2025, pending customary conditions.

This initiative follows filing a shelf registration statement with the SEC. NioCorp highlights its intention to file a prospectus supplement for the issued securities, available via the SEC's website or through Maxim Group LLC.