Niocorp Developments Ltd. shares rise 3.01% after-hours after purchasing key land parcels for Elk Creek Critical Minerals Project.

Niocorp Developments Ltd. rose 3.01% in after-hours trading, following the company's announcement that it has formally closed on the purchase of three key land parcels associated with the Elk Creek Critical Minerals Project. This acquisition provides the company with land needed to locate a significant portion of the project's planned production operations and infrastructure, along with improvements to the local road system, once sufficient project financing is obtained.