NioCorp Developments Ltd. Files 8-K Report
Ticker: NIOBW · Form: 8-K · Filed: Mar 12, 2024 · CIK: 1512228
Sentiment: neutral
Topics: reporting, financials
TL;DR
NioCorp filed an 8-K, mostly financial docs. No major news.
AI Summary
On March 12, 2024, NioCorp Developments Ltd. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or transactions detailed in the provided text. The company is incorporated in British Columbia, Canada, and its fiscal year ends on June 30.
Why It Matters
This filing indicates routine corporate reporting by NioCorp Developments Ltd., providing updates on their financial statements and exhibits to the SEC.
Risk Assessment
Risk Level: low — The filing appears to be routine and does not disclose any new material events, risks, or significant financial changes.
Key Numbers
- 000-55710 — Commission File Number (SEC filing identifier)
- 98-1262185 — IRS Employer Identification No. (Company tax identifier)
Key Players & Entities
- NioCorp Developments Ltd. (company) — Registrant
- March 12, 2024 (date) — Date of earliest event reported
- British Columbia, Canada (location) — State or other jurisdiction of incorporation
- Quantum Rare Earth Developments Corp. (company) — Former company name
- February 4, 2011 (date) — Date of name change
FAQ
What is the primary purpose of this 8-K filing for NioCorp Developments Ltd.?
The primary purpose of this 8-K filing is to report financial statements and exhibits, as indicated by the 'ITEM INFORMATION: Financial Statements and Exhibits' section.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on March 12, 2024, which is also the date of the report.
In which jurisdiction is NioCorp Developments Ltd. incorporated?
NioCorp Developments Ltd. is incorporated in British Columbia, Canada.
What was NioCorp Developments Ltd.'s former company name?
NioCorp Developments Ltd.'s former company name was Quantum Rare Earth Developments Corp.
When did the company change its name from Quantum Rare Earth Developments Corp.?
The company changed its name from Quantum Rare Earth Developments Corp. on February 4, 2011.
Filing Stats: 700 words · 3 min read · ~2 pages · Grade level 12.3 · Accepted 2024-03-12 08:30:21
Filing Documents
- n2574_x204-8k.htm (8-K) — 67KB
- exh99-1.htm (EX-99.1) — 21KB
- image_001.jpg (GRAPHIC) — 21KB
- 0001539497-24-000657.txt ( ) — 364KB
- nb-20240312.xsd (EX-101.SCH) — 4KB
- nb-20240312_def.xml (EX-101.DEF) — 26KB
- nb-20240312_lab.xml (EX-101.LAB) — 36KB
- nb-20240312_pre.xml (EX-101.PRE) — 25KB
- n2574_x204-8k_htm.xml (XML) — 27KB
01. Other Events
Item 8.01. Other Events. On March 12, 2024, NioCorp Developments Ltd. ("NioCorp" or the "Company") issued a press release (the "Press Release") announcing that NioCorp has delivered an Advance Notice pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023 (the "Standby Equity Purchase Agreement") requesting the purchase of shares (the "Advance Shares") of the Company's common shares, without par value. A copy of the Press Release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. No Offer or Solicitation This Current Report on Form 8-K, the Press Release and the information contained herein and therein do 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. Neither this Current Report on Form 8-K nor the Press Release is, and under no circumstances is it to be construed as, a prospectus, offering memorandum, an advertisement or a public offering in any province or territory of Canada. In Canada, no prospectus has been filed with any securities commission or similar regulatory authority in respect of any of the securities referred to herein.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press Release, dated March 12, 2024. 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NIOCORP DEVELOPMENTS LTD. DATE: March 12, 2024 By: /s/ Neal S. Shah Neal S. Shah Chief Financial Officer