NioCorp Developments Ltd. (TSE:NB) Files An 8-K Unregistered Sales of Equity Securities
Item3.02 Unregistered Sales of Equity Securities.
On March 31, 2017, the Company issued 890,670 common share
purchase warrants to its previously announced first tranche
increase with The Lind Partners, with each Warrant entitling the
holder to acquire one common share at a price of C$0.90 until
March 31, 2020. The warrants were issued to the exemption from
the registration requirements of the Securities Act of 1933, as
amended, provided by Section 4(a)(2) thereof to the
representations and covenants of the investor made to the
Item 9.01. Exhibits.
|4.1||Form of Lind Warrants|
About NioCorp Developments Ltd. (TSE:NB)
NioCorp Developments Ltd. is an exploration-stage company. The Company is a mineral exploration/development company engaged in the acquisition, exploration and development of mineral properties. The Company operates through a segment consisting of exploration and development of mineral deposits in North America, specifically, the Elk Creek Niobium/Scandium/Titanium property (the Elk Creek Project) located in Southeastern Nebraska. The Company also holds an interest in a mineral exploration property located in Canada. The Company’s Elk Creek Project is a niobium and scandium exploration project that also contains titanium. The Elk Creek Project is located approximately 75 kilometers southeast of Lincoln, Nebraska, the state capital of Nebraska. The Company has not generated any revenues. Its subsidiaries include 0896800 BC Ltd., Elk Creek Resources Corp. and Silver Mountain Mines Corp. NioCorp Developments Ltd. (TSE:NB) Recent Trading Information
NioCorp Developments Ltd. (TSE:NB) closed its last trading session down -0.010 at 0.720 with 71,831 shares trading hands.