NioCorp CEO provides cash to company

For the second time in less than two months, Mark Smith of NioCorp Developments (TSX: NB; US-OTC: NIOBF) has dug into his own pockets for loans to the company he leads.

Topics

For the second time in less than two months, Mark Smith of NioCorp Developments (TSX: NB; US-OTC: NIOBF) has dug into his own pockets for loans to the company he leads.

The president, chief executive officer and executive chairman loaned NioCorp. US$1.5 million on June 17, and followed that up with a US$2 million non-revolving credit facility on July 1.

The funds will assist NioCorp in its efforts to refine its Elk Creek niobium project in southeastern Nebraska, and stay on track to complete a feasibility study.

Read the complete article at NorthernMiner.com/news/niocorp

Comments

Your email address will not be published. Required fields are marked *

Mar 27 2024 - Mar 28 2024
Apr 08 2024 - Apr 09 2024
Apr 15 2024 - Apr 16 2024
Apr 16 2024 - Apr 16 2024