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NioCorp Developments Ltd - NB STOCK NEWS

Welcome to our dedicated news page for NioCorp Developments (Ticker: NB), a resource for investors and traders seeking the latest updates and insights on NioCorp Developments.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NioCorp Developments's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NioCorp Developments's position in the market.

Rhea-AI Summary
NioCorp plans to investigate the feasibility of recycling rare earth permanent magnets as part of its Elk Creek Critical Minerals Project in Nebraska. The company aims to convert post-consumer neodymium-iron-boron magnets back into separated rare earth oxides for new magnet production. The research will focus on bench-scale testing initially and may progress to demonstration-scale testing. This initiative is separate from the ongoing Elk Creek Project Feasibility Study update. If successful, the recycling program could enhance the company's critical minerals processing approach and potentially increase production of key rare earth elements.
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Rhea-AI Summary
NioCorp Developments announces the voluntary delisting of its common shares from the Toronto Stock Exchange in favor of its Nasdaq listing. The decision was made due to the majority of trading volume occurring on the Nasdaq, making the TSX listing less beneficial. Shareholders can continue trading on the Nasdaq under the symbol 'NB'.
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Rhea-AI Summary
NioCorp Developments announces the closing of a private placement of US$8 million aggregate principal amount of unsecured notes. The company issued warrants to purchase common shares as part of the deal. The private placement was conducted in accordance with TSX regulations and the Securities Act of 1933. The proceeds will be used for general working capital purposes. The notes will mature on December 31, 2024, and holders can convert them into common shares. The company also entered into a registration rights agreement with Yorkville for the resale of the underlying shares.
Rhea-AI Impact
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-4.01%
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Rhea-AI Summary
NioCorp Developments issued and sold 85,000 common shares at a purchase price of $2.6638 per share, reflecting 97% of the average volume-weighted average price on Nasdaq. The shares were sold pursuant to a Standby Equity Purchase Agreement, exempt from registration under the Securities Act of 1933. No offer or solicitation is made in this communication.
Rhea-AI Impact
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-3.69%
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Rhea-AI Summary
NioCorp Developments Ltd. announced the request to purchase 85,000 shares through a Standby Equity Purchase Agreement. The shares will be issued at 97% of the daily volume-weighted average price on Nasdaq. The company anticipates the sale to close soon.
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2.95%
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Rhea-AI Summary
NioCorp Developments Ltd. issues and sells 82,500 Advance Shares at $2.5472 per share under the Standby Equity Purchase Agreement. The shares were sold at 97% of the average volume-weighted average price on Nasdaq, following an exemption from registration requirements.
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Rhea-AI Summary
NioCorp Developments Ltd. CEO Mark A. Smith addresses China's critical minerals leverage over the U.S. and urges increased U.S. critical mineral development. The company's Elk Creek Critical Minerals Project is highlighted at a high-profile conference in Washington, D.C. on March 12-13, 2024. NioCorp is seeking up to $800 million in debt financing from the Export-Import Bank of the U.S. for the Elk Creek Project. Mr. Smith emphasizes the importance of government support for domestic mining and notes the rapid growth of EV sales in the automotive industry.
Rhea-AI Impact
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-0.38%
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Rhea-AI Summary
NioCorp Developments Ltd. announced the request to purchase 82,500 common shares through a Standby Equity Purchase Agreement. The shares will be issued at 97% of the daily volume-weighted average price on Nasdaq.
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End-of-Day
-0.78%
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Rhea-AI Summary
NioCorp Developments Ltd. issues and sells 75,000 Advance Shares at $2.2714 per share, reflecting 97% of the average volume-weighted average price on Nasdaq. The shares were issued upon settlement of the Advance Notice pursuant to the Standby Equity Purchase Agreement.
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Rhea-AI Sentiment
End-of-Day
12.5%
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Rhea-AI Summary
NioCorp Developments Ltd. announced the issuance of 75,000 common shares under a Standby Equity Purchase Agreement at a purchase price of 97% of the daily volume-weighted average price on Nasdaq. The transaction is subject to certain conditions and is expected to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.69%
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NioCorp Developments Ltd

Nasdaq:NB

NB Rankings

NB Stock Data

113.09M
32.39M
7.22%
4.97%
2.29%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Centennial

About NB

niocorp (tsx:nb - otcqx:niobf - fse:br3) is developing north america's highest grade, large tonnage, undeveloped niobium project, located in elk creek, nebraska. niocorp aims to be part of the solution for the world's strategic and critical niobium needs for the steel, automotive and aviation industry. niobium is crucial in high strength steel for bridges and buildings, high pressure oil and gas pipelines, lightweight and fuel efficient cars, stainless steel, mri machines, wind turbines, airplane jet thrusters, and more.