HYCROFT ANNOUNCES PRICING AND UPSIZING OF PUBLIC OFFERING OF UNITS

Core Viewpoint - Hycroft Mining Holding Corporation has announced an underwritten offering of 12,500,000 units at a price of $3.50 per unit, aiming to raise approximately $43.75 million for exploration and working capital [1][2]. Group 1: Offering Details - Each unit consists of one share of common stock and one-half of a common stock purchase warrant, with each whole warrant exercisable at $4.20 per share for 36 months [1]. - The offering is expected to close on June 13, 2025, subject to customary closing conditions [2]. - The underwriters have a 30-day option to purchase an additional 1,875,000 units at their discretion [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for further exploration, working capital, and general corporate purposes [2]. Group 3: Company Background - Hycroft Mining Holding Corporation is focused on developing the Hycroft Mine, one of the largest precious metals deposits in northern Nevada, transitioning to commercial operations for processing sulfide ore [5]. - The company is also engaged in a robust exploration drill program to expand high-grade silver systems and unlock the full potential of its assets [5].