NioCorp Initiates Public Offering of Common Shares

NioCorp Developments Ltd. has announced the commencement of a proposed public offering in the United States. The offering includes common shares or pre-funded warrants. The outcome depends on market conditions, with no assurances regarding completion, size, pricing, or terms provided.

Maxim Group LLC serves as the sole placement agent for this offering, using a best-efforts approach. NioCorp plans to deploy the net proceeds for working capital and corporate purposes, including initiating construction of the Elk Creek Project.

The offering is based on a registration statement filed with the SEC and no securities will be sold to Canadian buyers. Final terms will be disclosed in a further prospectus supplement on the SEC website.