Core Points - NioCorp Developments Ltd. announced a registered direct offering priced at-the-market in the United States [1] Group 1 - The offering is conducted in accordance with the rules of The Nasdaq Stock Market LLC [1]

Company Overview - NioCorp Developments Ltd reported a record cash balance of $162.8 million as of September 30 [1] - The company posted a net loss of $42.7 million, or 53 cents per share, for the three-month period ended September 30, compared to a net loss of $2.1 million, or 5 cents per share, in the same period last year [1] Market Reaction - Shares of NioCorp Developments rose sharply by 13.6% to $11.81 in pre-market trading following the financial results announcement [2]

Core Viewpoint - NioCorp Developments Ltd. reported preliminary unaudited financial results for the three-month period ending September 30, 2025, highlighting a significant increase in net loss compared to the same period in 2024, primarily due to non-cash losses related to earnout shares and warrants [2][3]. Financial Performance - The company had a record cash balance of $162.8 million as of September 30, 2025 [2]. - NioCorp recorded a net loss of $42.7 million, or $0.53 per share, for the three-month period ending September 30, 2025, compared to a net loss of $2.1 million, or $0.05 per share, for the same period in 2024 [2][10]. - On an adjusted basis, the net loss was $8.3 million, or $0.07 per share, compared to an adjusted net loss of $1.4 million, or $0.03 per share, in the prior year [2][10]. Non-Cash Losses - The increase in net loss was primarily due to non-cash losses of approximately $32.1 million related to earnout shares and warrants [3]. - These non-cash losses were influenced by the closing price of the company's common shares as of September 30, 2025, compared to the previous quarter [3]. Expenditures and Project Development - The company incurred $6.8 million in expenditures related to the Elk Creek Project during the quarter [3]. - NioCorp completed the acquisition of approximately 407 acres of land for the Elk Creek Project, which is essential for construction pending project financing [4]. Funding and Equity Offerings - During the quarter, NioCorp completed three equity offerings, generating approximately $155.0 million in gross proceeds [5]. - The offerings included a public offering of 13,850,000 common shares at $3.25 per share, a registered direct offering of 10,000,000 common shares at $5.00 per share, and another public offering of 9,760,000 common shares at $6.15 per share [5]. Future Reporting - The company plans to file its unaudited interim condensed consolidated financial statements for the three-month period ended September 30, 2025, in its Quarterly Report on Form 10-Q by November 14, 2025 [6].

Core Insights - The stock market experienced a significant decline due to renewed trade tensions between the U.S. and China, with the S&P 500 index dropping 2.7% and losing approximately $1.5 trillion in market capitalization [1][2]. Rare Earth Industry - Rare earth equities capitalized on the market downturn, with notable gains in stocks such as MP Materials, which rose about 8.4% to close at $78.34, driven by increased investor interest in domestic critical mineral supply chains and regulatory support [3]. - USA Rare Earth saw a nearly 5% increase, closing at $32.61, as investors recognized its strategic importance in developing a U.S.-based supply chain for rare earth magnets amid trade tensions [5]. - NioCorp Developments advanced over 5% to close at $10.39, benefiting from its focus on the Elk Creek Project, which features North America's highest-grade niobium deposit and significant scandium capacity [7]. Impact of Tariffs - The recent announcement of a 100% tariff on Chinese imports, effective November 1, is a response to China's export restrictions on rare earth elements, which are crucial for high-tech and defense industries [2]. - The U.S. currently relies on China for about 70% of its rare earth imports, a situation viewed as a national security risk due to the essential role of rare earths in electric vehicles, wind turbines, smartphones, and defense equipment [8]. - Analysts suggest that while the new tariffs may disrupt U.S. manufacturers dependent on Chinese rare earth materials, they could also benefit domestic producers by accelerating government incentives and private investments aimed at reducing foreign dependence [9].

Core Insights - The U.S. government is taking steps to reduce dependence on China's critical mineral supply, particularly in technology, defense, and energy sectors [1] Group 1: U.S. Independence from China - There has been increasing discussion regarding the U.S. achieving independence from China's critical mineral supply [1] - The government recognizes the risks associated with dependency on hostile nations for essential resources [1]

Core Viewpoint - NioCorp Developments Ltd. commends the Trump Administration for its strong stance on critical minerals policies, highlighting the administration's "unbelievable courage" in proposing price supports to bolster U.S. production and address Chinese market manipulation [1]. Group 1: Company Insights - NioCorp is recognized as a leading U.S. critical minerals development company, focusing on enhancing domestic production capabilities [1]. Group 2: Industry Context - The Trump Administration's policies aim to encourage U.S. production of critical minerals, which have been historically influenced by Chinese market practices [1].

David Hamm Brings More Than 15 Years of Corporate and Securities Law Experience CENTENNIAL, CO / ACCESS Newswire / October 6, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) is pleased to announce that David Hamm, an accomplished legal executive with extensive experience in corporate governance, securities regulation, and complex corporate transactions, has joined the Company as General Counsel. ...

Core Insights - NioCorp Developments Ltd. has finalized the purchase of an additional 325.77 acres of land for its Elk Creek Critical Minerals Project in Nebraska [1] Company Developments - The acquisition of land is part of the ongoing efforts to advance the Elk Creek Project, which focuses on critical minerals [1]

Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Society Pass Incorporated (SOPA) has increased by 139% to $3.34 - Critical Metals Corp. (CRML) has risen by 79% to $14.30 - Sanmina Corporation (SANM) is up 26% at $144.61 - Palisade Bio, Inc. (PALI) has gained 25% to $2.00 - Advanced Micro Devices, Inc. (AMD) has increased by 24% to $205.07 - Odyssey Marine Exploration, Inc. (OMEX) is up 22% at $2.46 - Youxin Technology Ltd (YAAS) has risen by 21% to $3.14 - NioCorp Developments Ltd. (NB) is up 18% at $9.38 - Snow Lake Resources Ltd. (LITM) has increased by 14% to $5.66 - Plug Power Inc. (PLUG) is up 7% at $4.10 [3] Premarket Losers - Rich Sparkle Holdings Limited (ANPA) has decreased by 15% to $22.10 - CCH Holdings Ltd Ordinary Shares (CCHH) is down 15% at $3.73 - Xcel Brands, Inc. (XELB) has fallen by 14% to $2.04 - Quantum Computing Inc. (QUBT) is down 13% at $21.39 - Rent the Runway, Inc. (RENT) has decreased by 12% to $4.70 - MDJM Ltd (UOKA) is down 11% at $2.96 - CID HoldCo, Inc. (DAIC) has fallen by 9% to $2.72 - Algorhythm Holdings, Inc. (RIME) is down 9% at $2.47 - Corbus Pharmaceuticals Holdings, Inc. (CRBP) has decreased by 8% to $13.50 - Art's-Way Manufacturing Co., Inc. (ARTW) is down 7% at $2.58 [4]

Core Insights - Small-cap stocks are gaining significant attention, with some stocks in the iShares Russell 2000 ETF experiencing massive gains this year, outperforming larger-cap stocks like Nvidia and Palantir [1][2]. Small-Cap Performance - The iShares Russell 2000 ETF has increased by 11.2% this year, although it still lags behind the S&P 500 [2]. - On September 18, the Russell 2000 index reached an all-time high for the first time since March 15, 2021, ending a streak of 967 trading days without a new high, which is the second longest in the index's history [3]. Notable Small-Cap Stocks - The Oncology Institute (TOI) has seen a remarkable rise of 1,064% this year, increasing from 31 cents to $3.60 per share [3]. - Better Home & Finance (BETR) and ThredUp (TDUP) also performed well, with gains of 602.6% and 578.1% respectively [7]. - ThredUp is valued at over $1.1 billion and is expected to lose 24 cents per share this year, yet its stock price has risen to $9.44 [5]. Market Dynamics - Many small-cap stocks started the year with low share prices, leading to substantial percentage increases with even small dollar gains [3]. - The average stock in the Russell 2000 index now trades for $37 per share, indicating a shift in market dynamics as small stocks rally [6].