NioCorp Q3 FY26 swings to profit of USD 669,000

• NioCorp Developments swung to net income attributable to the Company of USD 669,000 for quarter ended March 31, 2026, from a net loss of USD 5.3 million a year earlier.
• Total operating expenses more than doubled to USD 7.33 million, led by employee-related costs of USD 1.48 million.
• Cash climbed to USD 419.2 million at March 31, 2026, from USD 25.6 million at June 30, 2025, following net proceeds of about USD 93.41 million from a February equity offering.
• Elk Creek portal construction began in late February with a USD 44.6 million budget; USD 1.8 million of construction costs were incurred through March 31.
• Planned cash outflows for next 12 months seen at USD 65 million to USD 75 million, with spending aimed at feasibility-study updates and EXIM due diligence tied to an application for up to USD 800 million in debt financing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-223959), on May 14, 2026, and is solely responsible for the information contained therein.