Off-market insider buying at NioCorp Developments (NB)

Off-market insider buying at NioCorp Developments (T:NB)

Dean Casper Kehler, a Director, acquired 78,003 Common Shares on a direct ownership basis at a price of US$3.205 through a prospectus or prospectus exempt offering on December 22nd, 2023. The insider also acquired 78,003 Warrants on a direct ownership basis at an exercise price of US$3.54 until December 22, 2025. This represents a $331,449 investment into the company's shares and an account share holdings change of greater than 100%.


NioCorp Developments is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

NioCorp Developments Ltd. is a mineral exploration company. The Company, through its subsidiary, Elk Creek Resources Corporation, is engaged in the acquisition, exploration, and development of mineral properties. The Company is developing a superalloy materials project namely the Elk Creek niobium/scandium/titanium property (the Elk Creek Project). The Elk Creek Project is located near Elk Creek, southeast Nebraska, the United States of America. The Company's Project is located approximately 75 kilometers (kms) southeast of Lincoln, Nebraska and 110 kms south of Omaha, Nebraska. The Property consists of 226-acre parcel of land owned along with eight option to purchase agreements (OTP) covering approximately 565 hectares (ha). The Company's Elk Creek Property is a niobium, scandium, and titanium exploration project. The Project includes the Elk Creek carbonatite (the carbonatite) that intruded older precambrian granitic and low to medium grade metamorphic basement rocks.