Hycroft Mining raises $60M in private placement led by Eric Sprott and Tribeca

HYCROFT MINING HOLDING CORP

Eric Sprott (through 2176423 Ontario Ltd.) subscribes ~66% of placement; Tribeca Global Natural Resources ~34%.
14,017,056 units at $4.2805/unit; each unit = 1 share + 1/2 warrant exercisable at $6.00 for 24 months.
Upon closing, Sprott's beneficial ownership increases from ~21% to 33%; Tribeca to own ~8%.
Proceeds to fund advancement of Hycroft Mine, exploration drilling, and working capital. Closing expected by Sept 10, 2025.
Warrants subject to mandatory exercise if VWAP >= $8 for 20 out of 30 trading days.

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