Hycroft Mining raises ~$45M, Eric Sprott stake to 22%, Q2 cash $68.8M

HYCROFT MINING HOLDING CORP

Raised ~$45M net via June/July 2025 public offering (including over-allotment).
Eric Sprott's 2176423 Ontario Ltd. increased ownership from 7% to 22%.
Q2 cash: unrestricted $68.8M, restricted $30.0M; total debt $131.0M.
Exploration drill program starting Aug 2025: 14,500m core drilling at Brimstone, Vortex, Manganese.
Technical report for sulfide milling expected Q4 2025; heap leach potential being evaluated.

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