NioCorp Developments became listed on Nasdaq via merger with GX Acquisition II in a $313m deal.

NioCorp Developments, a mineral exploration company, became listed on Nasdaq via merger with GX Acquisition II, a special purpose acquisition company, in a $313m deal. "This business combination with GXII, and the two additional financing packages, have the potential to significantly accelerate our efforts to obtain the required project financing and to ultimately bring the Elk Creek Project to construction and eventual commercial operation. Our goal is to rapidly build secure and reliable US supply chains of the critical minerals that multiple industries need to help us build a more sustainable and less carbon-intensive future and for other critical domestic uses. Once completed, these transactions have the potential to put NioCorp on the fast track to obtain the required project financing to deliver on that promise, and to do so in an environmentally smart manner," Mark A. Smith, NioCorp CEO and Executive Chairman.