Niocorp Developments Ltd (NB): No, it just means they converted some of...

S&P 500

US TECH 100

Dow Jones

Brent Oil

Bitcoin

Niocorp Developments Ltd (NB)

Reply Private New

Keep Last Read

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	11
Posts	1119
Boards Moderated	0
Alias Born	09/30/2016

Re: Hetfield post# 37050

Friday, 05/25/2018 7:40:29 AM

Friday, May 25, 2018 7:40:29 AM

No, it just means they converted some of their debt financing into equity. No cash is involved in the conversion. In essence, Niocorp issued them shares in lieu of having to repay them debt. Lind has the option to do this upon request at a share price equal to the average price of the prior 5 days. This is why it benefits them to hold the share price down until they fully convert all portions of debt financing that they intend to convert.

Keep Last Read

Replies (2) Next 10 Prev Next

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:

1D
1M
3M
6M
1Y
5Y

Detailed Quote

Recent NB News

Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 04:28:49 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:02:51 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:47 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:29 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:51 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:33 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:00:27 PM
Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/21/2023 09:45:51 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 09:55:17 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:58 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:47 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:35 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 12:30:19 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2023 09:01:20 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 12:30:18 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2023 12:30:17 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/01/2023 08:30:22 PM

More NB News

InvestorsHub NewsWire

Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM

Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM

Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM

Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM

North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM

Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM

Start posting your company's news

Only $200 per official company press release!

InvestorsHub community

Register for free to join our community of investors and share your ideas

You'll also get access to streaming quotes, interactive charts, trades, portfolio, live options flow