Niocorp Developments Ltd (NB)

[NavyHusker]

A Glimpse into NioCorp's Strategic Financing

The latest financial maneuver by NioCorp, involving the issuance of Advance Shares under a Standby Equity Purchase Agreement dated January 26, 2023, highlights a meticulous approach to funding its ambitious mineral project. These shares, priced at 97% of their volume-weighted average on Nasdaq over a three-day period, represent a critical step in securing the necessary capital. This move is not just about numbers; it's a testament to NioCorp's innovative approach to navigating the financial landscapes, ensuring that the project not only progresses but thrives.

What was the SPAC deal then? A testament to closing terrible deals for shareholders?

If losing 75% share value in a year is thriving then I sure would hate to see what below average performance would look like.