NioCorp Announces $200 Million Shelf Registration Statement

NioCorp Developments Ltd. (NASDAQ:NB) announced that the U.S. Securities and Exchange Commission (SEC) has made effective a $200 million shelf registration statement on Form S-3. This allows the company flexibility to offer and sell up to $200 million of securities, including common stock, in the U.S. market.

The specifics of each future offering, including the terms and intended use of proceeds, will be detailed in separate prospectus supplements. Mark A. Smith, CEO and Executive Chairman, stated that the registration provides NioCorp with added flexibility to access capital markets efficiently.

Securities will only be sold once the Shelf Registration Statement becomes effective. Offerings will be made via a prospectus and accompanying prospectus supplement. The document can be accessed on the SEC's website at www.sec.gov. This announcement does not constitute an offer to sell or solicit an offer to buy these securities in any jurisdiction where such an offer would be unlawful prior to registration under applicable laws.