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Niocorp increases private placement to $4.75mln

Monday, February 13, 2017 8:01
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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.

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