Niocorp Developments has filed a notice of an exempt offering of securities to raise $1,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Niocorp Developments is raising $1,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Mark Smith played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Niocorp Developments
NioCorp (TSX:NB – OTCQX:NIOBF – FSE:BR3) is developing North Americas highest grade, large tonnage, undeveloped Niobium project, located in Elk Creek, Nebraska. NioCorp aims to be part of the solution for the Worlds 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.
To learn more about Niocorp Developments, visit http://www.niocorp.com/
Contact:
Mark Smith, Chief Executive Officer
720-639-4647
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