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13 Mar
11:38

NioCorp shareholders approve GXII merger, 2 financing packages

Shareholders of rare earth developer NioCorp Developments Ltd have overwhelmingly approved the company’s business combination with GX Acquisition Corp II and up to $81 million in separate financing deals to advance its Elk Creek critical minerals project in Nebraska, Kallanish reports. Shareholders of the Colorado-based company last week approved five resolutions tied to the merger and financing arrangements. GXII shareholders must still approve the deal, al…
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