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NioCorp Developments Ltd. (TSXV:NB) announced it has received final approval for the listing of its common shares on the Toronto Stock Exchange under the symbol “NB” as of Monday, March 9. At the same time, the company’s shares will be delisted from the TSX Venture Exchange prior to the start of trading on Monday.
NioCorp Developments Ltd. (TSXV:NB) announced it has received final approval for the listing of its common shares on the Toronto Stock Exchange under the symbol “NB” as of Monday, March 9. At the same time, the company’s shares will be delisted from the TSX Venture Exchange prior to the start of trading on Monday.
As quoted in the press release:
The TSX is the premier stock exchange for resource companies and NioCorp believes that the move to the TSX will facilitate significantly more access to a broad range of international and institutional investors and capital pools. Increased exposure for the Company coincides with the rapid development of the Elk Creek project, and is in keeping with the Company’s aggressive development plan.
Mark Smith, executive chairman of NioCorp Developments, commented:
The past year has seen tremendous progress in the Company’s business, highlighted by our ranking as the #1 mining issuer in the TSX Venture 50® for 2014. We look forward to leveraging our new listing on the TSX as we drive the Elk Creek project forward.
Click here to read the full NioCorp Developments Ltd. (TSXV:NB) press release.