December 21, 2016 / 10:47 PM / 8 months ago

BRIEF-Niocorp Developments says current planned operational needs are about $4.2 mln through June 2017

Dec 21 (Reuters) - Niocorp Developments Ltd :

* Niocorp Developments Ltd says currently have sufficient cash on hand to meet planned expenditures for about next two to three months

* Niocorp Developments Ltd says as of December 16, 2016, co's current planned operational needs are approximately $4.2 million through June 2017

* Niocorp Developments Ltd- anticipates that it will need to raise a minimum of $4 to $6 million to continue planned operations for next twelve months Source text - bit.ly/2i2jX7p Further company coverage:

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