Hycroft Mining (HYMC) is pleased to announce the pricing of its public underwritten offering of 23,076,924 shares of Class A common stock of the company at a public offering price of $6.50 per share. The gross proceeds from the Offering are expected to be approximately $150M, before deducting underwriting discounts and commissions and estimated offering expenses payable by the company. The offering is expected to close on October 14, subject to customary closing conditions. BMO Capital Markets is acting as the lead book-running manager with Paradigm Capital acting as book-running manager for the Offering. Cormark Securities is acting as co-manager.
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