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0 0 0 0.0118043844856662 0.0118043844856662 0.0134907251264756 0.0202360876897133 0.0170826306913997
Stock impact report

Hycroft completes $60m private placement for mine development [Yahoo! Finance]

Hycroft Mining Holding Corporation - Class A (HYMC) 
Company Research Source: Yahoo! Finance
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. The funds raised are earmarked for the development of the Hycroft gold-silver mine and for the company's working capital, including supporting general corporate activities. Situated in Nevada's Sulfur Mining District, the mine is equipped for both heap leach and milling operations and has significant infrastructure. It lies 54 miles to the west of Winnemucca, spanning both Humboldt and Pershing counties in Nevada. The project already has a considerable amount of established infrastructure including facilities for three-stage crushing, ample capacity for leach pads and a pair of Merrill Crowe plants, complete with a refinery. The company plan Show less Read more
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