EX-99.1 2 n2574_x263ex99-1.htm PRESS RELEASE, DATED JULY 11, 2025 Exhibit 99.1 NioCorp Provides Preliminary Unaudited Financial Results for the Fiscal Year Ended June 30, 2025 CENTENNIAL, Colo. (July 11, 2025) - NioCorp Developments Ltd. (“NioCorp” or the “Company”) (NASDAQ:NB) today provided its preliminary unaudited financial results for the fiscal year ended June 30, 2025. Selected financial results expectations for the period includes: Loss for the fiscal year ended June 30, 2025 of $16.7 million, or $0.35 per share, compared to a loss for the fiscal year ended June 30, 2024 of $11.4 million, or $0.31 per share. During the quarter ended June 30, 2025, the Company received approximately $31.1 million of gross proceeds from the sale of common shares and pre-funded warrants pursuant to a previously announced underwritten public offering, the sale of common shares under the Standby Equity Purchase Agreement, dated January 26, 2023, between the Company and YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP (the “Yorkville Equity Facility Financing Agreement”), and the exercise of outstanding warrants. The Company ended the fiscal year with a cas…
Open exhibit ↗Current Report · Items 2.02, 7.01, 9.01 · 8-K
NioCorp Developments Ltd.
NBNASDAQEQUITYCurrent
Results of Operations and Financial Condition · Regulation FD Disclosure
Item 2.02. Results of Operations and Financial Condition. On July 11, 2025, NioCorp Developments Ltd. (the “Company”) announced a Company update relating to certain preliminary financial results for the fiscal year ended June 30, 2025. This announcement was contained in a press release, a copy of which is attached as Exhibit 99.1 hereto.…
Company context
NioCorp is developing the Elk Creek Project located in southeast Nebraska. The “Elk Creek Project” is a development-stage property that has disclosed niobium, scandium, and titanium reserves and resources and disclosed rare earth mineral resources. The Company is continuing technical and economic studies around the rare earths contained in the Elk Creek Project’s mineral resource in order to determine whether extraction of rare earth elements can be reasonably justified and economically viable after taking into account all relevant factors. Niobium has developing applications in the formulation of solid-state lithium-ion batteries, which may reduce charging times and increase battery safety. Niobium is used to produce various superalloys that are extensively used in high performance aircraft and jet turbines. It also is used in high-strength, low-alloy steel, a stronger steel used in automobiles, bridges, structural systems, buildings, pipelines, and other applications that generally increases strength and/or reduces weight, which can result in environmental benefits, including reduced fuel consumption and material usage and fewer air emissions. Scandium can be combined with aluminum to make high-performance alloys with increased strength and improved corrosion resistance. Scandium also is a critical component of advanced solid oxide fuel cells, an environmentally preferred technology for high-reliability, distributed electricity generation. Titanium is a component of various