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Hycroft completes $60m private placement for mine development
Yahoo Finance·2025-09-12 17:43

Hycroft Mining has closed a 60mnonbrokeredprivateplacement,initiallyannouncedon2September2025,forminedevelopment,withEricSprottleadingtheinvestment.Theplacementconsistedofmorethan14millionunitspricedat60m non-brokered private placement, initially announced on 2 September 2025, for mine development, with Eric Sprott leading the investment. The placement consisted of more than 14 million units priced at 4.2805 each. Each unit in the private placement comprises one common share of Hycroft Mining and a one-half common warrant, with each full warrant allowing the holder to purchase an additional common share at $6 within a two-year period, subject to an accelerator clause. Th ...