Niocorp Developments Ltd (NB)

[Landmark8211111]

Financing:

Potential EXIM Loan for up to $800 Million
? After EXIM completed a preliminary review of NioCorp’s Elk Creek Project in March 2023, the Bank sent NioCorp a Letter of Interest for potential debt financing of up to $800 million.
? EXIM recently expanded its funding scope to include projects in the U.S. through its “Make More In America” initiative
? EXIM indicated that it is “eager to support” the critical minerals industry projects because so few critical minerals are produced in the U.S.
? EXIM process is estimated to take between 6-9 months to complete.

Fingers’xd