NioCorp Announces Closing of $150.2 Million Registered Direct Offering of Common Shares Priced At-the-Market

NioCorp has successfully completed a substantial $150.2 million registered direct offering of common shares in the United States, marking a significant capital raise for the company. The offering was priced at-the-market in accordance with Nasdaq Stock Market rules, indicating the shares were sold at prevailing market prices rather than at a discount.

This financing represents a major capital infusion that strengthens NioCorp's financial position and provides substantial resources for advancing the company's strategic objectives. The successful completion of this large-scale offering demonstrates investor confidence in the company's business model and growth prospects.

The registered direct offering structure allowed NioCorp to efficiently access capital markets while maintaining compliance with U.S. securities regulations. For the mining and energy sector, this transaction illustrates the continued ability of companies to secure significant funding through public markets, even in challenging economic conditions. The substantial size of the offering positions NioCorp to accelerate its development timeline and potentially advance multiple initiatives simultaneously.