NioCorp Issues Convertible Note and Warrants to Nordmin Engineering in Satisfaction of Amount Owing for Past Services
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NioCorp or the
Company ) (
TSX: NB,OTCQX: NIOBF, FSE: BR3) announces that it has issued a convertible note in the principal amount of approximately US$1.872 million (the
Note ) and 500,000 common share warrants (the
Warrants and, together with the Note, the
Securities ) to Nordmin Engineering Ltd. (
Nordmin ) pursuant to a convertible note and warrant subscription agreement (the
Agreement ) under which Nordmin has agreed to subscribe for and purchase the Securities for a subscription price of approximately US$1.804 million, which amount will be set off against the amount owing to Nordmin by NioCorp for past services.
COVID-19 leads to increase in food assistance demand in Lincoln
The Food Bank of Lincoln is prepared to help families in need of food assistance this holiday season.
December 16, 2020 3:05 pm
On Wednesday, Hy-Vee stores donated a total of 1 million pounds to a combined 17 food banks across the Midwest. The Food Bank of Lincoln received a portion of that donation. Representatives at the Lincoln food bank say that COVID-19 has had a significant impact on food assistance demand in the city this year.
“It certainly has contributed to it,” John Mabry said. Mabry is the development director at the Food Bank of Lincoln. He says that people who never envisioned needing food assistance are stopping by distribution centers for help.
NioCorp Names Fernanda Fenga to its Board of Directors gjsentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gjsentinel.com Daily Mail and Mail on Sunday newspapers.
NioCorp CEO and Executive Chairman Mark Smith Extends Maturity Date of Loans to the Company
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NioCorp or the
Company ) (
TSX: NB;OTCQX: NIOBF) is pleased to announce agreements with NioCorp CEO and Executive Chairman, Mark A. Smith, to extend the maturity date of its existing $3.5 million non-revolving credit facility with Mr. Smith and a separate $1 million loan from Mr. Smith to December 15, 2021.
Funds drawn on the credit facility will assist the Company in continuing its work to secure project financing for the Elk Creek Project (the Project ) and move the Project to a construction start once project financing is secured.