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宣布2亿美元的美国货架注册
美通社
科罗拉多州百年纪念,2021年11月2日
建立货架登记为NioCorp在融资选择方面提供了必要的灵活性
亚洲网科罗拉多州森特年11月2日电NioCorp Developments Ltd.(以下简称“NioCorp”或“公司”)(多伦多证券交易所市场代码:NB)(场外交易市场代码:NIOBF)今天宣布,已向美国证券交易委员会(简称“美国证券交易委员会”)提交了一份价值2亿美元的S-3表格货架登记报表(以下简称“货架登记报表”)。
如果美国证券交易委员会宣布生效,搁置注册声明将允许公司不时灵活地在美国注册发行和出售高达2亿美元的证券,包括普通股。未来每次此类证券发行(如果有的话)的具体证券和条款,连同其任何净收益的预期用途,将在任何此类发行时在另一份招股说明书附录中详细说明。
NioCorp首席执行官兼执行主席马克·A·史密斯说:“我认为保持灵活性是谨慎的,这样NioCorp才能及时有效地进入资本市场,如果货架登记声明宣布生效,我们就可以做到这一点。”
与这些证券相关的《注册说明书》已向美国证券交易委员会备案,但尚未生效。在《货架登记声明》生效之前,不得出售这些证券,也不得接受购买要约。注册说明书所涵盖证券的任何发售将仅以招股说明书及随附的与该项发售有关的招股说明书副刊的方式作出。包括在《货架登记说明书》中的招股说明书副本可以在美国证券交易委员会的网站www.sec.gov上获得。本新闻稿不应构成出售要约或征求购买要约,也不应在任何司法管辖区出售或征求购买这些证券的要约,因为在任何司法管辖区,此类要约、征求或出售在根据任何此类司法管辖区的证券法注册或获得资格之前是非法的。
@NioCorp$NB.TO$NIOBF#ElkCreek#Nb#Sc#稀土
有关详细信息,请访问:
电话:303-503-6203电子邮件:jim.sims@niocorp.com
关于NioCorp
NioCorp正在内布拉斯加州东南部开发一个高温合金材料项目,该项目将生产铌、钪和钛。该公司还在考虑生产几种磁性稀土产品。Nb用于生产高温合金以及高强度低合金(“HSLA”)钢,这是一种更轻、更坚固的钢,用于汽车、结构和管道应用。钪是一种高温合金材料,可以与铝结合,制成强度更高、耐腐蚀性更好的合金。钪也是先进固体氧化物燃料电池的关键成分。钛用于各种高温合金,是用于纸张、油漆和塑料的颜料的关键成分,也用于航空航天、装甲和医疗植入物。NdFeB(NdFeB)磁体广泛应用于国防和民用领域,磁性稀土如NdYb、Pr、Tb和Dy是制造NdFeB磁体的关键。
有关前瞻性陈述的注意事项
本新闻稿中包含的某些陈述可能构成前瞻性陈述,包括有关货架注册声明的有效性和它将允许NioCorp进入资本市场的灵活性、未来潜在的证券发行以及该公司在Elk Creek高温合金材料项目生产Nb、Sc、Tiat和稀土产品的能力的声明。前瞻性陈述基于公司根据其经验和对历史趋势、当前状况和预期未来发展的看法以及公司认为在当时情况下合适的其他因素而作出的估计和假设。请读者注意,此类前瞻性表述涉及已知和未知的风险、不确定因素和其他因素,可能导致此类前瞻性表述发生变化,实际结果和估计与这些前瞻性表述明示或暗示的估计或预期未来结果、成就或立场大不相同。可能导致NioCorp计划或前景改变的风险、不确定因素和其他因素包括:与公司作为持续经营企业的经营能力有关的风险;与公司要求大量额外资本有关的风险;大宗商品(如燃料和电力)和货币的需求和价格的变化;项目经济估值的变化,如净现值计算、证券市场的变化或中断;立法、政治或经济发展;需要获得许可并遵守法律法规和其他监管要求;实际工作结果可能与预测/预期不同,或可能没有实现NioCorp项目的预期潜力;事故、设备故障和劳资纠纷或其他意想不到的困难或中断的风险;开发计划中成本超支或意想不到的费用的可能性;与勘探、采矿或开发活动有关的运营或技术困难;矿产勘探和开发的投机性,包括储量和资源等级数量减少的风险;勘探、开发和采矿业务中涉及的风险,以及公司在提交给加拿大证券监管机构的文件(www.sedar.com)和美国证券交易委员会提交给加拿大证券监管机构的文件(www.sec.gov)中陈述的风险。NioCorp没有任何意图或义务来更新或修改任何前瞻性陈述,无论是由于新信息、未来事件或其他原因。
查看原始content:https://www.prnewswire.com/news-releases/niocorp-announces-200-million-us-shelf-registration-301413980.html
来源:NioCorp Developments Ltd.
网址:http://www.niocorp.com
译文内容由第三方软件翻译。
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