(Before It's News)
NioCorp Developments Ltd. (TSE:NB) has increased the maximum gross proceeds of its non-brokered private placement to C$4.75mln from C$2mln.
The units are priced at 70 cents per unit.
The initial closing of the offering is expected on or about Feb. 14.
Niocorp is developing a superalloy materials project in southeast Nebraska with an aim to produce niobium, scandium and titanium.
Story by ProactiveInvestors