NIOCORP DEVELOPMENTS (OTCMKTS:NIOBF) is delighted to confirm the filing of an updated NI43-101 resource report meant for the Elk Creek niobium, titanium and scandium deposit. Following the listing of the NIOBF’s shares on the Toronto Stock Exchange , effective March 9, 2015, NioCorp is delighted to state that Mark Smith, the CEO and Executive Chairman, and Peter Dickie, who is the President, opened the market at listing ceremony on March 11, 2015.
The management view
Smith said that the management of Niocorp is tremendously proud of the dedication and hard work shown by the affiliates and staff in reporting these significant milestones. The company remains confident that the progress and development of technical work plans at its Elk Creek deposit is an effective way to achieve long-term shareholder value.
The implementation of plans
Smith, the Executive Chairman, also added that Niocorp is able to execute its strategic plans successfully. FY2014 witnessed fabulous progress in all divisions of the company’s business. The progress was highlighted by company’s ranking as it achieved number one slot of mining issuer firm in the TSX Venture 50. The team of Niocorp looks forward to benefit from the new listing as measures are planned to take the Elk Creek project forward.
The stock exchange
The Toronto Stock Exchange platform is a reputed stock exchange especially for resource firms. The listing of Niocorp on the TSX platform will offer greater access to a broad range of institutional and international capital pools as well as investors. The increased exposure coincides with the development plans of the Elk Creek project. The common stocks of NioCorp will continue to list under the ticker name “NB” on TSX exchange. Apart from news of listing on the TSX exchange, NioCorp confirmed that its common shares were delisted from TSX Venture after stocks started trading on TSX platform.