NioCorp hires J.P. Morgan for debt financing assistance from EXIM for its Elk Creek project.
NioCorp Developments Ltd. has engaged J.P. Morgan to assist in seeking debt financing supported by the Export-Import Bank of the U.S. (EXIM) for its Elk Creek Critical Minerals Project. NioCorp's project financing application with EXIM passed the first Transaction Review Committee review in October 2023 and received a preliminary indicative term sheet in April 2024. J.P. Morgan's expertise will help advance the financing process, but final loan approval is subject to EXIM's Board of Directors' decision.
May 23, 2024
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