HYCROFT ANNOUNCES PRICING AND UPSIZING OF PUBLIC OFFERING OF COMMON STOCK

Core Viewpoint - Hycroft Mining Holding Corporation has announced a public offering of 23,076,924 shares of Class A common stock at a price of $6.50 per share, aiming to raise approximately $150 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 3,295,076 shares of common stock [1]. - The expected closing date for the offering is October 14, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to expand and accelerate exploration and drilling programs at the Hycroft Mine, aiming to unlock additional potential [2]. - Funds will also address general corporate needs, including the repayment or repurchase of existing debt obligations, which are anticipated to be retired at a discount to face value [2]. Group 3: Company Background - Hycroft Mining Holding Corporation is a US-based gold and silver company focused on developing the Hycroft Mine, one of the largest precious metals deposits globally, located in northern Nevada [6]. - The company is transitioning the Hycroft Mine into the next phase of commercial operations for processing sulfide ore and is engaged in a robust exploration drill program to expand high-grade silver systems [6].