NioCorp Developments Ltd. Completes Asset Acquisition/Disposition

TL;DR

NioCorp just closed a deal on assets, filing an 8-K today.

AI Summary

On September 30, 2025, NioCorp Developments Ltd. filed an 8-K report detailing the completion of an acquisition or disposition of assets. The filing also includes financial statements and exhibits related to this event. NioCorp Developments Ltd. is incorporated in British Columbia, Canada, and its principal executive offices are located in Centennial, Colorado.

Why It Matters

This filing indicates a significant corporate event for NioCorp Developments Ltd., potentially impacting its asset base, financial structure, and future operations.

Risk Assessment

Risk Level: medium — The filing pertains to asset transactions, which can carry inherent risks related to integration, valuation, and future performance.

Key Players & Entities

• NioCorp Developments Ltd. (company) — Registrant
• September 30, 2025 (date) — Date of earliest event reported
• Centennial, Colorado (location) — Business Address City and State
• British Columbia, Canada (location) — State or other jurisdiction of incorporation
• 001-41655 (other) — Commission File Number

FAQ

Key Financial Figures

• $3.9 million — regate purchase price was approximately $3.9 million. On the closing date of the purchase of
• $3.9 m — olidated balance sheet of approximately $3.9 million, reflecting the payment of the pu
• $0.8 m — olidated balance sheet of approximately $0.8 million, reflecting the appraised value o
• $3.1 m — olidated balance sheet of approximately $3.1 million, reflecting the remainder of the
• $7.4 million — regate purchase price was approximately $7.4 million. On the closing date of the purchase of
• $7.4 m — olidated balance sheet of approximately $7.4 million, reflecting the payment of the pu
• $1.5 m — olidated balance sheet of approximately $1.5 million, reflecting the appraised value o
• $5.9 m — olidated balance sheet of approximately $5.9 million, reflecting the remainder of the

Filing Documents

• n2574_x292-8k.htm (8-K) — 48KB
• 0001539497-25-002618.txt ( ) — 264KB
• nb-20250930.xsd (EX-101.SCH) — 4KB
• nb-20250930_def.xml (EX-101.DEF) — 26KB
• nb-20250930_lab.xml (EX-101.LAB) — 36KB
• nb-20250930_pre.xml (EX-101.PRE) — 25KB
• n2574_x292-8k_htm.xml (XML) — 14KB

01Completion of Acquisition or Disposition of Assets

Item 2.01Completion of Acquisition or Disposition of Assets. On September 30, 2025, Elk Creek Resources Corp. ("ECRC"), a wholly-owned subsidiary of NioCorp Developments Ltd. (the "Company"), closed on its options to purchase two parcels of land in Johnson County, Nebraska, which include: (i) a portion of the property known as Woltemath002, consisting of approximately 105.77 acres of land (the "Woltemath002 Property"), pursuant to the terms of the Option to Purchase, dated as of December 4, 2009, as amended, between Roger and Nancy Woltemath and ECRC (the "Woltemath002 Option Agreement"), and (ii) the property known as Woltemath003J, consisting of approximately 220 acres of land (the "Woltemath003J Property" and, together with the Woltemath002 Property, the "Properties"), pursuant to the terms of the Amended and Restated Option to Purchase, dated January 4, 2017, as amended, between Victor and Juanita Woltemath (together with Roger and Nancy Woltemath, the "Owners") and ECRC (the "Woltemath003J Option Agreement" and, together with the Woltemath002 Option Agreement, the "Option Agreements"). Pursuant to the terms of the Option Agreements, the Owners sold, transferred, conveyed and assigned to ECRC all of their respective rights, privileges, title and interest in and to the surface rights and associated mineral rights with respect to the Properties. The Woltemath002 Option Agreement provided for a purchase price calculated based on the appraised value per acre of the Woltemath002 Property. The aggregate purchase price was approximately $3.9 million. On the closing date of the purchase of the Woltemath002 Property, the Company recorded a decrease in cash under current assets on its consolidated balance sheet of approximately $3.9 million, reflecting the payment of the purchase price and other direct costs, and recorded a corresponding increase in land under non-current assets on its consolidated balance sheet of approximately $0.8 million, reflecting the appraised v

01Financial

Item 9.01Financial (d) Exhibits Exhibit No. Description 10.1*,** Woltemath 003J Amended and Restated Option to Purchase, dated January 4, 2017, among ECRC and Victor L. and Juanita E. Woltemath (Previously filed as an exhibit to the Company's Annual Report on Form 10-K (File No. 000-55710) filed with the SEC on September 16, 2020 and incorporated herein by reference). 10.2*,** Woltemath 003J Extension to Option to Purchase, dated December 23, 2019, among ECRC and Victor L. and Juanita E. Woltemath (Previously filed as an exhibit to the Company's Annual Report on Form 10-K (File No. 000-55710) filed with the SEC on September 16, 2020 and incorporated herein by reference). 10.3*,** Woltemath 003J Second Extension to Option to Purchase, dated December 9, 2024, between ECRC and Juanita E. Woltemath (Previously filed as an exhibit to the Company's Annual Report on Form 10-K (File No. 001-41655) filed with the SEC on September 11, 2025 and incorporated herein by reference). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Portions of this exhibit have been omitted pursuant to Item 601(b)(10)(iv) of Regulation S-K, which portions will be furnished to the Securities and Exchange Commission (the "SEC") upon request. ** Certain exhibits to this agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted exhibit will be furnished to the SEC upon request.

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. Dated: October 6, 2025 By: /s/ Neal S. Shah Neal S. Shah Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR