NioCorp Prices $50M Registered Direct Offering Of 10M Shares At A Price Of $5/Share

NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) today announced the pricing of a registered direct offering in the United States (the "Offering"). The Offering is expected to consist of up to 10,000,000 common shares at an offering price of $5.00 per common share, for gross proceeds that are expected to be approximately $50.0 million before deducting placement agent fees and offering expenses.

Maxim Group LLC is acting as sole placement agent for the Offering.

NioCorp currently intends to use the net proceeds from the Offering for working capital and general corporate purposes, including to advance its efforts to launch construction of the Elk Creek Project and move it to commercial operation. The Offering is expected to close on or about September 19, 2025, subject to the satisfaction of customary closing conditions.