Small Cap Signs Contract For Elk Creek Project

Small Cap Signs Contract For Elk Creek Project

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, February 23, 2021

A small cap exploration company just announced that it signed a contract with Cementation USA, Inc.. NioCorp Developments Ltd. (TSX:NB) said it has signed the contract to continue advancing detailed engineering work associated with the Elk Creek Superalloy Materials Project.

NioCorp Developments Ltd. is an exploration-stage company, which is engaged in the exploration and development of mineral deposits. It primarily explores for niobium, scandium, and titanium products. The firm operates through a segment consisting of exploration and development of mineral deposits in North America, specifically, the Elk Creek property located in Southeastern Nebraska. The company generally holds an interest in a mineral exploration property located in the region of Canada.

Traders were excited on the news as they snatched up shares to an early session high of $0.90/share (+3.45%) following the news. This move is a strong continuation of the success the stock has had over the last month, coming from a January low of $0.70/share.


Copyright © 2021 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Aerospace Shares Pop On Strategic Partnership
Healthcare Shares Pop On New Contract
Florida-Based Company To Supply Brazilian Federal Police With Detection Technology
Most Popular
FREE Newsletter


Back to Top