Hycroft Mining Holding is pleased to announce the appointment of Mr. Mike Eiselein to the position of Vice President, General Manager, Hycroft Mine effective October 27, 2020. Mr. Eiselein is a highly experienced process operations professional with specific focus on the chemistry and practices involved with refractory and double refractory gold processing. Mr. Eiselein has spent his almost 30 years of experience focused [...]
Hycroft Mining Holding is pleased to announce the appointment of Stanton Rideout as the Company's Executive Vice President & Chief Financial Officer, effective October 20, 2020. Mr. Rideout is a seasoned financial executive and has more than 30 years of senior executive experience in the mining and manufacturing industries, including Romarco Minerals Inc. and Phelps Dodge Corp. . Mr. Rideout served as Senior Vice [...]
Hycroft Mining Holding Corp. announced the closing of its previously announced public offering of 9,583,334 units at a price to the public of $9.00 per unit. The Offering was upsized from the initial offering of 7,220,000 units. Each unit issued in the Offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $10.50 per share. The warrants are immediately [...]
Hycroft Mining Holding Corp. today announced that it has upsized and priced a public offering of 8,333,334 units, with each unit consisting of one share of common stock and one warrant to purchase one share of common stock at an offering price of US$9.00 per Unit, for gross proceeds of approximately US$75,000,000 million. The Offering was upsized from the previously announced Offering size of 7,220,000 Units. BMO Capital [...]
Hycroft Mining Holding announced that it intends to offer 7,220,000 units, with each unit consisting of one share of its common stock and one warrant to purchase one share of common stock in an underwritten public offering. BMO Capital Markets Corp., Stifel, Nicolaus & Company, Incorporated and Canaccord Genuity LLC are acting as Joint Bookrunners for the Offering with Cormark Securities acting as Co-Manager. The Company [...]
Hycroft Mining Holding announced the appointment of Dr. Diane R. Garrett, Ph.D. as the Company's President & Chief Executive Officer, effective Sept 8, 2020. Dr. Garrett will also join the Company's Board of Directors on that same date. Dr. Garrett has over 20 years of senior executive management experience in the mining industry and an exceptional track record for developing projects and building companies. Dr. Garrett [...]
Hycroft Mine Continues Ramp Up and Construction Activities Towards Achieving Feasibility Study Production Levels Hycroft Mining Holding Corporation , a gold and silver producer operating the Hycroft Mine in the world-class mining region of Northern Nevada, today announced its second quarter operating and financial results for the quarter ended June 30, 2020. These results reflect the continued start-up of operations as [...]
Hycroft Mining Holding will release its second quarter 2020 financial and operating results before market open on Monday, August 10, 2020. Management will host a conference call to discuss these results on the same day at 11:00 am MT. To access the call, please dial: Canada & US toll–free – 1–800-895-3361 Outside of Canada & US – 1-785-424-1062 An audio recording of the call will be available and archived on our website [...]
Hycroft Mining Holding announced a leadership transition. Randy Buffington, who served as Hycroft Mining Corp.'s President and CEO since July 2013 and as Chairman since November 5, 2015 following its emergence from bankruptcy proceedings, stepped down from his roles as Chairman, President and CEO of the Company as of today, following the successful conclusion of the business combination between Hycroft Mining Corp. and [...]
Mudrick Capital Acquisition and Hycroft Mining are pleased to announce the consummation of the purchase of Hycroft by MUDS. The shareholders of each of MUDS and Hycroft approved the transaction, which closed on May 29, 2020, creating a new world-class mining company named Hycroft Mining Holding Corporation that will trade publicly on the NASDAQ Capital Market under the ticker symbol HYMC. Hycroft has sold all of the [...]
Mudrick Capital Acquisition and Hycroft Mining today announced that they have entered into a definitive purchase agreement, under which Hycroft will sell all of the equity interests of Hycroft's subsidiaries and substantially all of its other assets to MUDS, and MUDS will discharge and pay or assume certain of Hycroft's liabilities. Following the closing of the transaction, Hycroft will be listed on the Nasdaq Stock [...]
Hycroft Mining Corp. is pleased to provide an update on developments at its wholly owned Hycroft Mine located near Winnemucca. Life of Mine Plan based on a robust third-party Feasibility Study completed by M3 Engineering and the Company, incorporating resources modeled by SRK Consulting, for the Company’s proprietary sulfide oxidation and heap leach process resulting in a projected life-of-mine net present value of [...]
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