10/22/2014 - 9:50 AM EST - NioCorp Developments Ltd. : announced the terms of its previously announced private placement of special warrants for aggregate gross proceeds of up to $16.5 million. The Offering is being conducted on a best efforts private placement basis by Mackie Research Capital Corporation. Under the terms of the Offering, the Company will issue Special Warrants at a subscription price of $0.55 per Special Warrant. Each Special Warrant will entitle the holder to receive upon exercise, for no additional consideration, one unit of the Company. Each Unit will consist of one common share of the Company and one full Common Share purchase warrant. NioCorp Developments Ltd.
shares V.NB are trading unchanged at $0.60.