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NioCorp Plans Delisting from TSX, Maintains Nasdaq Presence

NioCorp Plans Delisting from TSX, Maintains Nasdaq Presence

Niocorp Developments Ltd. (TSE:NB) has released an update.

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NioCorp Developments Ltd., a company focused on producing critical minerals, has announced its decision to voluntarily delist its common shares from the Toronto Stock Exchange (TSX) effective May 3, 2024, while maintaining its Nasdaq listing. The move is part of the company’s strategic efforts, and international brokers are advised to prepare for the transition to ensure continued trading on the Nasdaq for their clients. NioCorp is engaged in developing a Southeast Nebraska project anticipated to yield niobium, scandium, titanium, and possibly rare earth elements, with various applications in the automotive, aerospace, and defense industries.

For further insights into TSE:NB stock, check out TipRanks’ Stock Analysis page.

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