Press Release: NioCorp Announces $200 Million U.S. Shelf Registration
Press Release: NioCorp Announces $200 Million U.S. Shelf Registration
NioCorp Announces $200 Million U.S. Shelf Registration
PR Newswire
CENTENNIAL, Colo., Nov. 2, 2021
Establishing a Shelf Registration Gives NioCorp Necessary Flexibility Regarding Financing Options
CENTENNIAL, Colo., Nov. 2, 2021 /PRNewswire/ -- NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX:NB) (OTCQX:NIOBF) today announced the filing of a US $200 million shelf registration statement on Form S-3 (the "Shelf Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC").
If and when declared effective by the SEC, the Shelf Registration Statement will allow the Company the flexibility from time to time to offer and sell up to $200 million of securities, including common stock, on a registered basis in the U.S. The specific securities and terms of each such future offering of securities, if any, along with the intended use of any net proceeds therefrom, would be described in detail under a separate prospectus supplement at the time of any such offering.
Mark A. Smith, NioCorp's CEO and Executive Chairman, said: "I think it is prudent to maintain flexibility so that NioCorp can access capital markets on a timely and efficient basis, which the Shelf Registration Statement will allow us to do if and when it is declared effective."
The Registration Statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Shelf Registration Statement becomes effective. Any offering of the securities covered by the Registration Statement will be made solely by means of a prospectus and an accompanying prospectus supplement relating to that offering. A copy of the prospectus included in the Shelf Registration Statement may be obtained on the SEC's website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer for sale, or solicitation of an offer to buy, any of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
@NioCorp $NB.TO $NIOBF #ElkCreek #niobium #scandium #rareearth
For More Information:
Contact Jim Sims, VP of External Affairs, NioCorp Developments Ltd., 303-503-6203, jim.sims@niocorp.com
About NioCorp
NioCorp is developing a superalloy materials project in Southeast Nebraska that will produce Niobium, Scandium, and Titanium. Also under consideration by the Company is the production of several magnetic rare earth products. Niobium is used to produce superalloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a superalloy material that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various superalloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as Neodymium, Praseodymium, Terbium, and Dysprosium are critical to the making of Neodymium-Iron-Boron ("NdFeB") magnets, which are used across a wide variety of defense and civilian applications.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release may constitute forward-looking statements, including statements regarding the effectiveness of the Shelf Registration Statement and the flexibility it will allow NioCorp to access the capital markets, potential future securities offerings, and the Company's ability to produce Niobium, Scandium, Tiatanium and rare earths products at the Elk Creek Superalloy Materials Project. Forward-looking statements are based on estimates and assumptions made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate in the circumstances.. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such forward-looking statements and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause NioCorp's plans or prospects to change include risks related to the Company's ability to operate as a going concern; risks related to the Company's requirement of significant additional capital; changes in demand for and price of commodities (such as fuel and electricity) and currencies; changes in economic valuations of the Project, such as Net Present Value calculations, changes or disruptions in the securities markets; legislative, political or economic developments; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp's projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business and the risks set forth in the Company's filings with Canadian securities regulators at www.sedar.com and the SEC at www.sec.gov. NioCorp disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
View original content:https://www.prnewswire.com/news-releases/niocorp-announces-200-million-us-shelf-registration-301413980.html
SOURCE NioCorp Developments Ltd.
/Web site: http://www.niocorp.com
NioCorp宣佈2億美元的美國貨架註冊
美通社
科羅拉多州百年紀念,2021年11月2日
建立貨架登記為NioCorp在融資選擇方面提供了必要的靈活性
亞洲網科羅拉多州森特年11月2日電NioCorp Developments Ltd.(以下簡稱“NioCorp”或“公司”)(多倫多證券交易所市場代碼:NB)(場外交易市場代碼:NIOBF)今天宣佈,已向美國證券交易委員會(簡稱“美國證券交易委員會”)提交了一份價值2億美元的S-3表格貨架登記報表(以下簡稱“貨架登記報表”)。
如果美國證券交易委員會宣佈生效,擱置註冊聲明將允許公司不時靈活地在美國註冊發行和出售高達2億美元的證券,包括普通股。未來每次此類證券發行(如果有的話)的具體證券和條款,連同其任何淨收益的預期用途,將在任何此類發行時在另一份招股說明書附錄中詳細說明。
NioCorp首席執行官兼執行主席梅克·A·史密斯說:“我認為保持靈活性是謹慎的,這樣NioCorp才能及時有效地進入資本市場,如果貨架登記聲明宣佈生效,我們就可以做到這一點。”
與這些證券相關的《註冊說明書》已向美國證券交易委員會備案,但尚未生效。在《貨架登記聲明》生效之前,不得出售這些證券,也不得接受購買要約。註冊說明書所涵蓋證券的任何發售將僅以招股說明書及隨附的與該項發售有關的招股說明書副刊的方式作出。包括在《貨架登記說明書》中的招股說明書副本可以在美國證券交易委員會的網站www.sec.gov上獲得。本新聞稿不應構成出售要約或徵求購買要約,也不應在任何司法管轄區出售或徵求購買這些證券的要約,因為在任何司法管轄區,此類要約、徵求或出售在根據任何此類司法管轄區的證券法註冊或獲得資格之前是非法的。
@NioCorp$NB.TO$NIOBF#ElkCreek#Nb#Sc#稀土
有關詳細資訊,請訪問:
電話:303-503-6203電子郵件:jim.sims@niocorp.com
關於NioCorp
NioCorp正在內布拉斯加州東南部開發一個高溫合金材料專案,該專案將生產鈮、鈧和鈦。該公司還在考慮生產幾種磁性稀土產品。Nb用於生產高溫合金以及高強度低合金(“HSLA”)鋼,這是一種更輕、更堅固的鋼,用於汽車、結構和管道應用。鈧是一種高溫合金材料,可以與鋁結合,製成強度更高、耐腐蝕性更好的合金。鈧也是先進固體氧化物燃料電池的關鍵成分。鈦用於各種高溫合金,是用於紙張、油漆和塑料的顏料的關鍵成分,也用於航空航太、裝甲和醫療植入物。NdFeB(NdFeB)磁體廣泛應用於國防和民用領域,磁性稀土如NdYb、Pr、Tb和Dy是製造NdFeB磁體的關鍵。
有關前瞻性陳述的注意事項
本新聞稿中包含的某些陳述可能構成前瞻性陳述,包括有關貨架註冊聲明的有效性和它將允許NioCorp進入資本市場的靈活性、未來潛在的證券發行以及該公司在Elk Creek高溫合金材料專案生產Nb、Sc、Tiat和稀土產品的能力的聲明。前瞻性陳述基於公司根據其經驗和對歷史趨勢、當前狀況和預期未來發展的看法以及公司認為在當時情況下合適的其他因素而作出的估計和假設。請讀者注意,此類前瞻性表述涉及已知和未知的風險、不確定因素和其他因素,可能導致此類前瞻性表述發生變化,實際結果和估計與這些前瞻性表述明示或暗示的估計或預期未來結果、成就或立場大不相同。可能導致NioCorp計劃或前景改變的風險、不確定因素和其他因素包括:與公司作為持續經營企業的經營能力有關的風險;與公司要求大量額外資本有關的風險;大宗商品(如燃料和電力)和貨幣的需求和價格的變化;專案經濟估值的變化,如淨現值計算、證券市場的變化或中斷;立法、政治或經濟發展;需要獲得許可並遵守法律法規和其他監管要求;實際工作結果可能與預測/預期不同,或可能沒有實現NioCorp專案的預期潛力;事故、設備故障和勞資糾紛或其他意想不到的困難或中斷的風險;開發計劃中成本超領或意想不到的費用的可能性;與勘探、採礦或開發活動有關的運營或技術困難;礦產勘探和開發的投機性,包括儲量和資源等級數量減少的風險;勘探、開發和採礦業務中涉及的風險,以及公司在提交給加拿大證券監管機構的檔案(www.sedar.com)和美國證券交易委員會提交給加拿大證券監管機構的檔案(www.sec.gov)中陳述的風險。NioCorp沒有任何意圖或義務來更新或修改任何前瞻性陳述,無論是由於新資訊、未來事件或其他原因。
查看原始content:https://www.prnewswire.com/news-releases/niocorp-announces-200-million-us-shelf-registration-301413980.html
來源:NioCorp Developments Ltd.
網址:http://www.niocorp.com
譯文內容由第三人軟體翻譯。
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