NioCorp Developments Ltd. has successfully closed a $45.0 million public offering of common shares. The offering consisted of 13,850,000 common shares priced at $3.25 each. Maxim Group LLC acted as the sole placement agent for the transaction. The company plans to use the net proceeds for working capital, general corporate purposes, and to advance the construction and commercial operation of the Elk Creek Project. The offering was made under an effective shelf registration statement, and relevant documents are available on the SEC's website and the Company's SEDAR+ profile.
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