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17 Feb
13:07

RARE EARTH: NioCorp gets $9.65m to purchase key Nebraska parcel

Colorado-based NioCorp Developments reports that it has signed a funding agreement to advance its Elk Creek superalloy materials project in Nebraska, Kallanish reports. The convertible financing was provided by the Lind Global Asset Management III, an entity managed by the Lind Partners, a New York-based institutional fund manager. NioCorp will receive $9.65 million through the deal to purchase the surface land and associated mineral rights to more than 90% of the…
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