NioCorp Reports Preliminary Financial Results for Fiscal Year Ending June 2025

On July 11, 2025, NioCorp Developments Ltd. disclosed its preliminary unaudited financial outcomes for the fiscal year ending June 30, 2025. The company reported a loss of $16.7 million, or $0.35 per share. This result is a growth of loss compared to the $11.4 million, or $0.31 per share, loss recorded the previous year.

During the last quarter, NioCorp generated approximately $31.1 million from common share sales and warrant exercises. The funds were raised through an underwritten public offering, the Yorkville Equity Facility Financing Agreement, and other mechanisms. The fiscal year concluded with a cash reserve of $25.6 million and over 58 million common shares outstanding.

NioCorp plans to release its audited financial statements by August 29, 2025. These initial results are subject to adjustments and highlight the potential risks and uncertainties surrounding NioCorp's financial and operational outlook.