 NioCorp Developments Ltd said it has closed its previously announced up-sized non-brokered private placement with a total of 4,981,035 units issued at a price per unit of C0.96, for total gross proceeds of approximately C4.8 million. Pricing of the units was set at a premium to the five-day Volume Weighted Average Price VWAP of NioCorp common shares just prior to the launch of the offering on June 13, 2022. 