Thursday, February 29, 2024 12:56:37 PM
NioCorp will have the right, but not the obligation, subject to the conditions set out therein, to sell Common Shares to Yorkville with a maximum aggregate value of up to US$65,000,000 over a period of up to 36 months
The latest 10q makes it clear that they need money in large amounts quickly. 600k on hand at years end, 10mil in capital deficits, 800k in monthly overhead, plus 11mil needed to advance the project. If not from Yorkville, then who?
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