CENTENNIAL, CO / ACCESSWIRE / March 7, 2024 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (Nasdaq:NB)(TSX:NB) today issued and sold 82,500 shares (the "Advance Shares") of the Company's common shares, without par value (the "Common Shares"), upon settlement of the previously announced Advance Notice that it delivered on March 5, 2024 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023 (the "Standby Equity Purchase Agreement"). The Advance Shares were issued and sold at a purchase price per share of $2.5472 which reflects 97% of the average volume-weighted average price of the Common Shares on The Nasdaq Stock Market LLC ("Nasdaq") as required under the Standby Equity Purchase Agreement.

No Offer or Solicitation

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities. The Advance Shares are being offered and sold in reliance on the exemption from registration set forth in Section 4(a)(2) of the Securities Act of 1933 (the "Securities Act"). The Advance Shares have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities or blue sky laws and foreign securities laws. In Canada, no offering of securities shall be made except by means of a prospectus in accordance with the requirements of applicable Canadian securities laws or an exemption therefrom. see & read more on
https://www.accesswire.com/840584/niocorp-completes-issuance-and-sale-of-82500-shares-under-the-standby-equity-purchase-agreement