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VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 20, 2014) - NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX VENTURE:NB) (OTCQX:NIOBF) (FRANKFURT:BR3) is pleased to announce the final closing of its non-brokered private placement, (see news release January 15, 2014 and March 3, 2014). The Final Tranche closing consisted of the issuance of a total of 5,856,608 common shares at a price of $0.20 per common share to 15 placees, for gross proceeds of $1,171,321. Together with the first tranche closing, the Company issued a total of 18,860,668 shares, for gross proceeds of $3,772,133. |