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NioCorp raises C$2.7mln

Wednesday, February 15, 2017 8:13
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NioCorp Developments Ltd (TSE:NB) has closed the first tranche of its recently announced non-brokered private placement.

The company, which is developing a super-alloy materials project in southeast Nebraska, has issued 3.86mln units at a price of C$0.70 per unit, raising C$2.7mln in the process.

Shares in NioCorp were up 2.4% at C$0.86 in early deals.

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