Niocorp Developments Ltd. (TSE:NB) has released an update.
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NioCorp Developments Ltd. has successfully completed the sale of 75,000 shares at a purchase price reflecting 97% of the average volume-weighted price on the Nasdaq. This transaction is part of a previously arranged Standby Equity Purchase Agreement and was executed without a need for registration, relying on specific exemptions from registration requirements. The company continues to operate without a Canadian prospectus, adhering strictly to applicable securities laws.
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