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NioCorp Developments Ltd. and GX Acquisition Corp. II have entered into a definitive agreement for a proposed business combination, with executives discussing the merger in a video released on October 7, 2022.
NioCorp Developments Ltd. signed a definitive agreement to acquire GX Acquisition Corp. II, a SPAC, in a business combination that could provide up to $285 million in net cash to advance the Elk Creek Critical Minerals Project in Nebraska.