institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

NioCorp Announces Closing of $45.0 Million Public Offering of Common Shares

SOUTHEAST NEBRASKA, JUL 18 – NioCorp raised $45 million by selling 13.85 million shares at $3.25 each to fund construction and operations of its critical minerals Elk Creek Project, boosting financial flexibility.

  • On July 18, 2025, NioCorp announced the completion of its public offering in Centennial, Colorado, raising capital by issuing 13,850,000 common shares priced at $3.25 each.
  • NioCorp carried out the offering to secure funding aimed at progressing the development and startup activities of its Elk Creek critical minerals project.
  • The offering was executed under an effective shelf registration with Maxim Group LLC serving as sole placement agent, targeting U.S. and international investors outside Canada.
  • NioCorp secured roughly $45.0 million in gross funds before expenses, with plans to allocate the remaining capital towards operational expenses and advancing the development of its Elk Creek Project, which targets the production of niobium, scandium, titanium, and rare earth elements.
  • This financing strengthens NioCorp’s position to advance Elk Creek but does not eliminate risks related to securing additional capital, operational challenges, or market conditions.
Insights by Ground AI
Does this summary seem wrong?

13 Articles

Cambridge TimesCambridge Times
+6 Reposted by 6 other sources
Lean Left

reAlpha Tech Corp. Announces Closing of $2 Million Public Offering

DUBLIN, Ohio, July 18, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced the closing of its previously announced public offering of an aggregate of 13,333,334 shares of…

·Cambridge, Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 73% of the sources lean Left
73% Left

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Cambridge Times broke the news in Cambridge, Canada on Friday, July 18, 2025.
Sources are mostly out of (0)

Similar News Topics