Rare earth developer NioCorp Developments and GX Acquisition Corp II have signed a definitive agreement for a proposed business combination between the companies to advance the rare earth project in Nebraska, Kallanish reports.
Colorado-based NioCorp will acquire GX Acquisition, a New York-based special purpose acquisition company. The merged company will be listed on the Nasdaq Stock Exchange soon after the acquisition closes, likely in first quarter 2023. The co…
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