Hycroft Mining Completes $60 Million Private Placement Led by Investor Eric Sprott

Reuters

Sep 11

Hycroft Mining Completes $60 Million Private Placement Led by Investor Eric Sprott

Hycroft Mining Holding Corporation has successfully closed a $60 million private placement, with Eric Sprott leading the investment. The placement involved the issuance of 14,017,056 units at a price of $4.2805 per unit, with each unit comprising one common share and one-half common share purchase warrant. The warrants are exercisable at $6.00 per share over a 24-month period. The funds from this private placement will be used to advance the Hycroft Mine and for general corporate purposes. Following the transaction, Eric Sprott now holds approximately 33% of Hycroft's outstanding shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hycroft Mining Holding Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA71191) on September 11, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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