During the quarter ended June 30, the Company received approximately $31.1M of gross proceeds from the sale of common shares and pre-funded warrants pursuant to a previously announced underwritten public offering, the sale of common shares under the Standby Equity Purchase Agreement, dated January 26, 2023, between the Company and YA II PN, an investment fund managed by Yorkville Advisors Global, and the exercise of outstanding warrants. The Company ended the fiscal year with a cash balance of approximately $25.6M and 58,491,196 common shares outstanding. NioCorp (NB) intends to file its audited consolidated financial statements for the fiscal year ended June 30 in its Annual Report on Form 10-K on or about August 29.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NB:
- NioCorp management to meet with Maxim
- NioCorp price target lowered to $4 from $4.25 at H.C. Wainwright
- Trump Trade: Canada rescinds digital services tax after U.S. drops trade talks
- China’s export controls impact products beyond rare earth, magnets, FT says
- China slow to export rare earth magnets to U.S., WSJ says
