NioCorp Developments Ltd. Files 8-K Report
Ticker: NIOBW · Form: 8-K · Filed: Mar 14, 2024 · CIK: 1512228
Sentiment: neutral
Topics: reporting, financials
TL;DR
NioCorp filed an 8-K on March 14, 2024, mainly for financial statements and exhibits.
AI Summary
On March 14, 2024, NioCorp Developments Ltd. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating ongoing operational and reporting activities for the company, which is involved in metal mining.
Why It Matters
This filing provides an update on NioCorp's financial and exhibit information, which is crucial for investors and stakeholders to assess the company's current status and compliance.
Risk Assessment
Risk Level: low — This is a routine filing of financial statements and exhibits, not indicating any immediate material adverse events.
Key Players & Entities
- NioCorp Developments Ltd. (company) — Registrant
- March 14, 2024 (date) — Date of Report
- 7000 South Yosemite Street, Suite 115 (address) — Business Address
- Centennial, CO 80112 (address) — Business Address City/State/Zip
- British Columbia, Canada (location) — Jurisdiction of Incorporation
FAQ
What is the primary purpose of this 8-K filing by NioCorp Developments Ltd.?
The primary purpose of this 8-K filing is to report 'Other Events' and 'Financial Statements and Exhibits' as of March 14, 2024.
What is NioCorp Developments Ltd.'s standard industrial classification?
NioCorp Developments Ltd.'s standard industrial classification is 'METAL MINING [1000]'.
When was NioCorp Developments Ltd. previously known as Quantum Rare Earth Developments Corp.?
The company's name was changed from Quantum Rare Earth Developments Corp. on February 4, 2011.
What is the business address and phone number for NioCorp Developments Ltd.?
The business address is 7000 South Yosemite Street, Suite 115, Centennial, CO 80112, and the business phone number is 720-639-4647.
What is the fiscal year end for NioCorp Developments Ltd.?
NioCorp Developments Ltd.'s fiscal year ends on June 30.
Filing Stats: 708 words · 3 min read · ~2 pages · Grade level 12.3 · Accepted 2024-03-14 17:25:25
Filing Documents
- n2574_x205-8k.htm (8-K) — 67KB
- exh99-1.htm (EX-99.1) — 18KB
- image_001.jpg (GRAPHIC) — 21KB
- 0001539497-24-000693.txt ( ) — 360KB
- nb-20240314.xsd (EX-101.SCH) — 4KB
- nb-20240314_def.xml (EX-101.DEF) — 26KB
- nb-20240314_lab.xml (EX-101.LAB) — 36KB
- nb-20240314_pre.xml (EX-101.PRE) — 25KB
- n2574_x205-8k_htm.xml (XML) — 27KB
01. Other Events
Item 8.01. Other Events. On March 14, 2024, NioCorp Developments Ltd. ("NioCorp" or the "Company") issued a press release (the "Press Release") announcing that NioCorp has issued and sold shares (the "Advance Shares") of the Company's common shares, without par value, upon settlement of the previously announced Advance Notice that it delivered on March 12, 2024 pursuant to the Standby Equity Purchase Agreement, dated January 26, 2023 (the "Purchase Agreement"). 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 14, 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 14, 2024 By: /s/ Neal S. Shah Neal S. Shah Chief Financial Officer