P.M., A.O. Landmark, all; There are currently outstanding in the money warrents which I suspect will be exercised shortly if they have not been already.
Reposting sections of the 3 recent news releases that are relevant to todays action.
1) February 23, 2021
NioCorp Signs Contract with Cementation USA, Inc. to Continue Advancing Engineering Work for the Elk Creek Superalloy Materials Project
2) February 16
CENTENNIAL, Colo. – February 16, 2021 – NioCorp Developments Ltd. (“NioCorp” or the “Company“) (TSX:NB) (OTCQX:NIOBF) announces it has signed a funding agreement for US$10 million with Lind Global Asset Management III, LLC, an investment entity managed by The Lind Partners (“Lind”), a New York-based institutional fund manager.(Snip....)
...The funding provided to NioCorp by Lind will come in the form of a US$10 million convertible security (the “Funding”) which will have a face value of US$11.7 million (the “Face Value”).
NioCorp will receive net proceeds of US$9.65 million from the Funding. The Face Value of the convertible security will have a 24-month maturity date and can be paid in cash or be converted into common shares of the Company (“Shares”) at a conversion price equal to 85% of the five-day volume weighted average price (“VWAP”) immediately prior to each conversion. Shares issued under the Funding will not be freely tradable in Canada until after a 121-day lock-up period following deal close. The Funding agreement contains restrictions on how much may be converted in any particular month. NioCorp also has the option at any time to buy back the entire remaining balance of the Funding without an early repayment penalty. In connection with the funding, Lind will be issued a warrant to purchase up to 8,588,000 Shares at a price of C$0.97 per share for a period of 48 months."
3) December 18, 2020
CENTENNIAL, Colo. (December 18, 2020) – NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX: NB, OTCQX: NIOBF, FSE: BR3) announces that it has issued a convertible note in the principal amount of approximately US$1.872 million (the “Note”) and 500,000 common share warrants (the “Warrants” and, together with the Note, the “Securities”) to Nordmin Engineering Ltd. (“Nordmin”) pursuant to a convertible note and warrant subscription agreement (the “Agreement”) under which Nordmin has agreed to subscribe for and purchase the Securities for a subscription price of approximately US$1.804 million, which amount will be set off against the amount owing to Nordmin by NioCorp for past services.
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