Niocorp Developm (NB) Stock News

NioCorp (Nasdaq: NB) on October 15, 2025 closed a registered direct at-the-market offering of 16,077,175 common shares (or pre-funded warrants) at $9.34 per share, generating approximately $150.2 million in gross proceeds before fees. Maxim Group acted as sole placement agent.

The company intends to use net proceeds for working capital and general corporate purposes, including to advance and launch construction of the Elk Creek Project and move it toward commercial operation. The Offering was made under an effective Form S-3ASR registration and is described in a final prospectus supplement filed with the SEC.

NioCorp (Nasdaq: NB) priced a registered direct offering of up to 16,077,175 common shares (or pre-funded warrants) at an at-the-market price of $9.34 per share, for gross proceeds expected to be approximately $150.2 million before placement agent fees and offering expenses.

The offering is led by Maxim Group as sole placement agent, is being made under an effective Form S-3ASR (filed Oct 10, 2025), and is expected to close on or about October 15, 2025, subject to customary closing conditions. Net proceeds are intended for working capital and to advance launch of construction and move the Elk Creek Project toward commercial operation.

NioCorp (NASDAQ:NB) provided preliminary unaudited results for the quarter ended September 30, 2025. The company reported a record cash balance of $162.8 million and 100,737,151 common shares outstanding as of that date.

NioCorp recorded a GAAP net loss of $42.7 million ($0.53 per share) and an adjusted net loss of $8.3 million ($0.07 per share). The increased GAAP loss primarily reflected approximately $32.1 million of non‑cash fair‑value losses on earnout shares and warrant liabilities, plus $6.8 million of Elk Creek Project drilling and feasibility work.

The company completed equity offerings that generated aggregate gross proceeds of approximately $155.0 million plus about $15.2 million from warrant exercises, and closed an acquisition of approximately 407 acres covering the Elk Creek mineral resource and reserve. NioCorp noted potential DoD reimbursements of up to $10.0 million tied to project milestones. Results are preliminary, unaudited and subject to change.

NioCorp (NASDAQ:NB) praised the Trump administration's proposal for price supports on U.S.-produced critical minerals as a tool to encourage domestic production and counter perceived Chinese market manipulation. CEO Mark A. Smith said the company's Elk Creek project in Nebraska is fully permitted and ready for construction, contingent on project financing, and estimated three years to completion after financing is secured. NioCorp said the facility would produce heavy and light rare earths plus niobium, scandium, and titanium.

NioCorp (NASDAQ:NB) announced on October 6, 2025 that David Hamm has been appointed General Counsel. Hamm brings more than 15 years of corporate and securities law experience across mining, construction materials, and telecommunications.

He previously served as Senior Vice President, Deputy General Counsel at Summit Materials and was Associate General Counsel at Lumen Technologies, with responsibilities including SEC filings, disclosure, mergers and acquisitions, and compliance programs. NioCorp said Hamm’s public-company experience will support governance and disclosure as the company advances project financing and plans for future construction of the Elk Creek Project.

NioCorp (Nasdaq: NB) announced on October 6, 2025 that it purchased an additional 325.77 acres tied to the Elk Creek Critical Minerals Project in Nebraska.

The acquisition gives NioCorp ownership of all land hosting the project’s Mineral Resource and Mineral Reserve plus the surface and mineral rights needed to begin construction once project financing is obtained. The company also holds options on adjacent parcels and says the land position can support planned commercial operations and could allow expansion beyond the current 38-year estimated mine life.

NioCorp Developments (Nasdaq:NB) announced two upcoming presentations on October 8, 2025. CEO Mark Smith will participate in the J.P. Morgan Export & Agency Finance Forum in Paris, discussing supply chain reshoring during the Resources roundtable at 11:45 AM local time.

On the same day, Chief Communications Officer Jim Sims will present at the Critical Minerals Forum Summit in Washington, D.C. at 11:05 AM ET. Both presentations will highlight the Elk Creek Critical Minerals Project and its potential to strengthen U.S. production of niobium, scandium, titanium, and magnetic rare earth elements.

NioCorp Developments (NASDAQ:NB) has advanced in its application process for up to $800 million in potential debt financing from the Export-Import Bank of the U.S. (EXIM) for its Elk Creek Project in Southeast Nebraska. The company has executed a professional services agreement with SLR Consulting to conduct an independent environmental and social (E&S) review.

SLR, which acquired RPMGlobal USA, Inc., will now handle both the technical review (ongoing since February 2025) and the E&S review. The project previously passed EXIM's first due diligence level (TRC-1) in October 2023, and received a preliminary indicative term sheet in April 2024. JPMorgan Chase Bank is assisting NioCorp in seeking the EXIM-supported debt financing.

NioCorp Developments (NASDAQ:NB) has successfully closed its previously announced public offering, raising $60.0 million in gross proceeds. The offering consisted of 9,760,000 common shares priced at $6.15 per share (or $6.1499 per pre-funded warrant).

The company plans to use the net proceeds for working capital and general corporate purposes, with a focus on advancing the construction and commercial operation of its Elk Creek Project. Maxim Group LLC served as the sole placement agent for the offering, which was conducted under an effective shelf registration statement on Form S-3.