Niocorp Developments Ltd (NB): Why would they throw away $750,000 of th...

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Niocorp Developments Ltd (NB)

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Re: tonyz26 post# 1515

Tuesday, 10/22/2013 1:41:38 AM

Tuesday, October 22, 2013 1:41:38 AM

Why would they throw away $750,000 of their own money if the deal fell through. That makes no sense and based on the info we have the opposite is actually true. Especially when we got these two quotes from them.

We are very encouraged by the reaction to our capital raising news of September 23, 2013, providing the confidence level to enable entering into this contract," stated NioCorp President, Peter Dickie.

A representative from Niocorp confirmed they are still seeking the additional $9 million, and expect to close the balance of the financing in the near term

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