Hycroft Mining: gold resources up 55% to 16.4M oz, $181.7M cash, debt-free; PEA delayed

HYCROFT MINING HOLDING CORP

Cash & equivalents $181.7M at Dec 31, 2025; debt-free; increased to $194.1M as of Feb 28, 2026.
Measured & indicated gold resources up ~55% to 16.4M oz (5.0M oz inferred); silver 562.6M oz M&I.
Established initial high-grade silver resource: 90.2M oz M&I silver (13.4M oz inferred) and 299k oz gold M&I.
PEA technical report delayed beyond Q1 2026 due to larger resource scale; not a technical or operational issue.
Eliminated Crofoot net profits royalty for $2.5M; added to MSCI Small Cap Index effective Feb 27, 2026.

item 2.02 item 9.01

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