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| Home : NioCorp Developments Ltd. Reaches Agreement on Commercial Terms of Institutional Investment of up to US$10.5 Million, Subject to Definitive Agreement |
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Nov 24
2015 |
NioCorp Developments Ltd. Reaches Agreement on Commercial Terms of Institutional Investment of up to US$10.5 Million, Subject to Definitive Agreement |
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CENTENNIAL, COLORADO--(Marketwired - Nov. 23, 2015) - NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX:NB)(OTCQX:NIOBF)(FRANKFURT:BR3) is pleased to announce it has reached an agreement on the major commercial terms of a convertible security investment (the "Investment") with a New York-based institutional fund manager of up to US$10.5 million in NioCorp. Finalization of the Investment remains subject to the investor's final due diligence review, approval by investor's investment committee, TSX approval, and finalization of a security package for the Investment. |
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| Source:http://www.marketwired.com/mw/release.do?id=2076431&sourceType=3 |
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