NioCorp Effects $200M Shelf Registration Statement
Portfolio Pulse from Benzinga Newsdesk
NioCorp has filed a $200 million shelf registration statement, allowing the company to issue various types of securities over time. This move is aimed at providing the company with financial flexibility to support its growth initiatives.
June 28, 2024 | 12:05 pm
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NioCorp's $200 million shelf registration statement will allow the company to issue various securities, providing financial flexibility for growth.
The shelf registration statement allows NioCorp to issue securities as needed, which can be used to fund growth initiatives. This flexibility is generally viewed positively by investors as it indicates potential for expansion and development.
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