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NioCorp Announces Closing of US$10 Million Funding Deal

Feb 19, 2021•over 4 years ago

Amount Raised

$10 Million

China

Description

 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 Information

Company

Nio

Location

China

About

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.

FundzWatch™ Score

79
Medium Activity

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