NioCorp Announces Closing of US$10 Million Funding Deal
02/19/21, 10:52 PM
Location
chinaMoney raised
$10 million
NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB) (OTCQX: NIOBF) is pleased to announce that its previously announced funding deal for US$10 million with Lind Global Asset Management III, LLC, an investment entity managed by The Lind Partners, a New York-based institutional fund manager, has been funded and is now closed. NioCorp has received net proceeds of US$9.65 million from the Funding.
Company Info
Location
china
Additional Info
Singapore's sovereign wealth fund Temasek, BAI Capital, German media giant Bertelsmann's fund BAI Capital and Beijing-based Joy Capital, joined the fundraising, the Suzhou-headquartered automotive company said in a statement on its website today. Besides China, the tech firm has a team in California, the US.