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When is it? Date - What is the short interest on this now - hope it does not go under a $1.00
The Hearing I attended in 2020 in Las Vegas - We will have the same settlement hearing soon for Hycroft Mining. Allied Nevada for the old Allied Nevada shareholders from 2015 https://www.alliednevadasecuritiessettlement.com/Content/Documents/Proposed%20Order.pdf
What do you mean by having to be crashed to Zero in order for it to be restored into People's Market, were you at their hearing in Las Vegas? Do you know how many lawyers showed up from the States and Toronto? This Diane friend of yours better get some good attorneys there are going to be huge lawsuits coming after Oct 22, 2022.
There is a Teachers FUND with allied Nevada Shares.
Firemen's Fund with Allied Nevada Shares.
Nick
Buy the Z-Warrants HYMCZ
Bought some more HYMCZ Warrants (Big Volume). https://fintel.io/so/us/hymcz
Did he exercise his HYMCZ warrants too?
Does any of the new people on this board know anything about the warrant price adjustment can you ask Diane Garrett about this? This is from 2 years ago, i am sure there is are new adjustments. http://www.hycroftmining.com/wp-content/uploads/Warrant-Adjustment-Certificate.pdf
Big Volume on the HYMCZ https://fintel.io/so/us/hymcz
I am not a shorter of HYMC - I am an ANV Allied Nevada Warrant Holder from 2015 I am a HYMCZ HOLDER where the real value is as most Financial Institutions have acquired them. https://fintel.io/so/us/hymcz
Bullshit G
Bullshit Saving Grace!
Thanks, Tex, no talk of the Z-warrants at all. There are going to be so many lawsuits if she lets them expire. I think Sprott owns some too.
send me the link Tex if you have it, greatly appreciated.
Big Volume on the Z Warrants HYMCZ $$$$ Get Some if you can.
They announced more shares are added and yet our strike price is still at $40?
We are registering the issuance by us of up to 94,258,841 shares of our Common Stock that may be issued by us upon exercise of the Warrants to purchase Common Stock, including the public warrants, private placement warrants, forward purchase warrants, PIPE warrants, Seller warrants, October 2022 warrants and New Warrants. We are also registering the resale by the Selling Securityholders or their permitted transferees of (i) up to 71,211,526 shares of Common Stock, and (ii) up to 60,125,009 warrants to purchase Common Stock, including the private placement warrants, forward purchase warrants, PIPE warrants, October 2022 warrants and New Warrants. Any investment in the securities offered hereby is speculative and involves a high degree of risk. You should carefully consider the information set forth under “Risk Factors” on page 20 of this prospectus.
As of June 1, 2022, we had 197,084,642 shares of Common Stock outstanding.
Issuance of Securities - Common Stock and Warrants
Shares of Common Stock to be issued upon exercise of outstanding Warrants
94,258,841 shares
Use of proceeds
We could receive up to an aggregate of approximately $688.8 million from the exercise of all outstanding Warrants, assuming the exercise in full of all such Warrants for cash. Unless we inform you otherwise in a prospectus supplement, we intend to use the net proceeds from the exercise of such Warrants for general corporate purposes which may include repayment of outstanding indebtedness, working capital, exploration and development, acquisitions or other strategic investments.
Resale of Common Stock and Warrants
Shares of Common Stock offered by the Selling Securityholders
71,211,526
Warrants offered by the Selling Securityholders
Private placement warrants, forward purchase warrants, PIPE warrants, October 2020 warrants and New Warrants
60,125,009
Exercise Price for private placement warrants, forward purchase warrants and PIPE warrants
$11.50 per share of Common Stock
Exercise Price for October 2020 warrants
$10.50 per share of Common Stock
Exercise Price for New Warrants
$1.068 per share of Common Stock
Use of proceeds
We will not receive any proceeds from the sale of the Common Stock and Warrants to be offered by the Selling Securityholders. With respect to shares of Common Stock underlying the Warrants, we will not receive any proceeds from the sale of such shares except with respect to amounts received by us upon exercise of such Warrants to the extent such Warrants are exercised for cash.
NASDAQ Ticker Symbols
Common Stock: HYMC
Public Warrants: HYMCW
October 2020 warrants: HYMCL
Seller warrants: HYMCZ
HYMCZ - So many institutional buyers are getting them. https://fintel.io/so/us/hymcz
HYMCZ - So many institutional buyers are getting them. https://fintel.io/so/us/hymcz
hahahahaha That's Mudrick's rich dad.
From Today's Form S 1/A
Assumed Warrants of Hycroft Mining Corporation (“Seller warrants”)
Stockholders of the predecessor of Seller received warrants pursuant to the warrant agreement, dated as of October 22, 2015, by and between Seller and Computershare Inc., and its wholly-owned subsidiary Computershare Trust Company, N.A., collectively as initial warrant agent with such warrant agreement being assumed by the Company and Continental Stock Transfer & Trust Company, LLC as the successor warrant agent (the “Seller Warrant Agreement”). The Seller warrants have a 7-year term. Seller and the Company elected to treat the Recapitalization Transaction as if it constituted a Fundamental Change under the Seller Warrant Agreement and each Seller warrant outstanding and unexercised immediately prior to the effective time is now exercisable to purchase shares of Common Stock.
The initial number of shares of Seller’s common stock issuable upon exercise of the Seller warrants was determined by the bankruptcy court pursuant to Seller’s predecessor’s plan of reorganization. Pursuant to the Seller Warrant Agreement, the number of shares of Seller’s common stock for which a Seller warrant is exercisable, and the exercise price per share, are subject to adjustment from time to time upon the occurrence of certain events, including (i) any issuance of a dividend on Seller’s common stock, payable in cash or additional shares of Seller’s common stock, (ii) any subdivision, split, reclassification or recapitalization of outstanding Seller’s common stock into a greater number of shares, or (iii) any combination, reclassification or recapitalization of outstanding Seller’s common stock into a smaller number of shares. As set forth in the Seller Warrant Agreement, the exercise price of the Seller warrants on any exercise date will be equal to the product of (x) the amount obtained by dividing (A) Seller’s adjusted equity value, as defined in the Seller Warrant Agreement, as of such exercise date by (B) the total share number, as defined in the Seller Warrant Agreement, as of such date multiplied by (y) the cheap stock factor, as defined in the Seller Warrant Agreement, as of such date. Additionally, in the case of any reclassification or capital reorganization of Seller’s capital stock, the holder of each Seller warrant outstanding immediately prior to the occurrence of such reclassification or reorganization shall have the right to receive upon exercise of the applicable Seller warrant, the kind and amount of stock, other securities, cash or other property that such holder would have received if such Seller warrant had been exercised. As of January 19, 2021, the exercise price of each Seller warrant was adjusted to equal to $40.31 per share and each Seller warrant is exercisable into approximately 0.28055 shares of Common Stock.
Under certain circumstances, such as a liquidity event, as defined in the Seller Warrant Agreement, the Seller warrants may be exercised on a cashless basis to the extent that, as of the exercise date, the fair market value, as defined in the Seller Warrant Agreement, of a share of Common Stock exceeds the exercise price, which cashless exercise would reduce the number of shares of Common Stock issuable. In the event of a liquidity event in which the fair market value, as defined in the Seller Warrant Agreement, of a share of Common Stock, as of the exercise date, exceeds the exercise price, no cashless exercise would be available. If any exercise of a Seller warrant would result in a fraction of a share of Common Stock, in lieu of issuing such fractional share, the Company may elect to make a cash payment in respect of such fractional share, in an amount equal to the product of such fraction multiplied by the fair market value, as defined in the Seller Warrant Agreement, of a share of Common Stock, as of the exercise date.
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In addition, if the Company issues (or, as provided in the Seller Warrant Agreement, is deemed to issue), after the effective date of the Seller warrants, any additional shares, as defined in the Seller Warrant Agreement, of Common Stock, without consideration or for consideration per share less than the fair market value of Common Stock immediately prior to such issuance or, if such additional shares are issued (or deemed to be issued) to any restricted person, as defined in the Seller Warrant Agreement, then the cheap stock factor, as defined in the Seller Warrant Agreement, shall be reduced, thereby increasing the number of shares of Common Stock for which a Seller warrant is exercisable and reducing the per share exercise price of the Seller warrants.
Pursuant to the Seller Warrant Agreement, holders of Seller warrants are not entitled to any of the rights of a stockholder or a holder of any other securities of the Company. Holders of Seller warrants have no right to vote or to receive dividends or to consent or to receive notice as a stockholder in respect of any meeting of stockholders for the election of directors of the Company or of any other matter, or any rights whatsoever as stockholders of the Company (including appraisal rights, dissenters rights, subscription rights or otherwise), or be deemed the holder of capital stock of the Company.
Pursuant to the Seller Warrant Agreement, if the Company issues or sells equity securities to any person who was a stockholder of Seller’s predecessor on the effective date of the Seller warrants for consideration per share that is greater than the then exercise price of the Seller warrants, then each registered holder (or in the case of Seller warrants evidenced by global warrant certificates, each beneficial holder) that is an accredited investor would have the right for a period of 20 days after the Company delivers notice of such issuance or sale to such eligible holder, to participate in such issuance or sale on a pro rata basis (based on such eligible holder’s percentage ownership of shares of Common Stock) and all other outstanding options, warrants, or convertible securities that also have a pro rata right to participate in such issuance or sale.
Following the Recapitalization Transaction, eligible holders are not entitled to participate in any of the following exempted issuances: (i) issuances of equity securities in connection with the refinancing or repayment of any indebtedness or debt securities of the Company or any of its subsidiaries, (ii) issuances of equity securities to employees, directors, consultants and other service providers pursuant to an equity compensation plan approved by the Board, (iii) issuances of equity securities by means of a pro rata distribution to all holders of Common Stock, (iv) issuances of equity securities in a public offering, and (v) issuances of equity securities upon exercise, conversion or exchange of any equity securities that were issued in any issuance described in any of the foregoing exempted issuances. If any holder of shares of Common Stock is granted piggy-back registration rights, the holders of Common Stock issued upon exercise of the Seller warrants would also be granted piggyback registration rights on substantially the same terms as such other holder.
Pursuant to the Seller Warrant Agreement, in the event of a merger of the Company into, or a consolidation of the Company with, or a sale of all or substantially all of the Company’s assets to, any other person, or any merger of another person into the Company, in each case, in which the previously outstanding shares of Common Stock are cancelled, reclassified or converted or changed into or exchanged for securities of the Company and/or other property (including cash), and such transaction is not a liquidity event, as defined in the Seller Warrant Agreement, the holder of each Seller warrant would have the right upon any subsequent exercise (and payment of the applicable exercise price) to receive (out of legally available funds) the kind and amount of stock, other securities, cash and assets that such holder would have received if such Seller warrant had been exercised immediately prior to such transaction.
Pursuant to the Seller Warrant Agreement, if the Company shall be a party to or otherwise engage in any transaction or series of related transactions constituting (x) a merger of the Company into, a consolidation of the Company with, or a sale of all or substantially all of the Company’s assets to, any other person, or (y) any merger of another person into the Company in which, in the case of clause (x) or clause (y), the previously outstanding shares of Common Stock shall be cancelled, reclassified or converted or changed into or exchanged for securities of the Company or other property (including cash) or any combination of the foregoing; and (ii) such transaction or series of related transactions is not a liquidity event (as defined in the Seller Warrant Agreement) (any such transaction or series of related transactions, is referred to as a “Fundamental Change” under the Seller Warrant Agreement), the holder of each Seller warrant outstanding immediately prior to the occurrence of such Fundamental Change will have the right upon any subsequent exercise (and payment of the applicable exercise price) to receive the kind and amount of stock, other securities, cash and assets that such holder of a Seller warrant would have received if such Seller warrant had been exercised pursuant to the terms provided in the Seller Warrant Agreement immediately prior to such Fundamental Change (assuming such holder of a Seller warrant failed to exercise his, her or its rights of election, if any, as to the kind or amount of stock, securities, cash or other property receivable upon such Fundamental Change); provided, however, that the amount of such stock, other securities, cash and assets that would be received upon exercise of a Seller warrant following the consummation of such Fundamental Change shall be calculated on the applicable exercise date in a manner consistent with, and on terms as nearly as equivalent as practicable to, the provisions of the Seller
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Warrant Agreement regarding (i) the number of securities into which the Seller warrant shall be exercisable and (ii) the exercise price for the purchase of such securities under the Seller warrant, with respect to the aggregate consideration received by the Company stockholders in such Fundamental Change. The Seller Warrant Agreement further provides that upon each Fundamental Change, appropriate adjustment shall be deemed to be made, including, without limitation, with respect to the kind and amount of stock, securities, cash or assets thereafter acquirable upon exercise of each Seller warrant, such that the provisions of the Seller Warrant Agreement shall thereafter be applicable, as nearly as possible, to any shares of stock, securities, cash or assets thereafter acquirable upon exercise of each Seller warrant. If the Company is not the surviving or resulting person from such Fundamental Change, the Company may not consummate a Fundamental Change transaction unless the surviving or resulting person assumes, by written instrument substantially similar in form and substance to this Agreement, the obligation to deliver to the holders of Seller warrants such shares of stock, securities, cash or assets which such holder would be entitled to receive upon exercise of each Seller warrant.
The Seller warrants are traded on the Nasdaq Capital Market under the symbol “HYMCZ.”
Draw your inference, Pence! That 40 Dollars was from 2 years ago!
Citadel, Mudrick's rich uncle bought some HYMCZ - Very Strange if they are about to expire worthless in October 2022
https://fintel.io/so/us/hymcz
https://fintel.io/so/us/hymcz $$$
The Z-Warrants are in the money - New BUYERS Bank of Montreal, Citibank Get your HYMCZ before it's too late
Cantor Fitzgerald is pumping this puppy for them, and they know when to stop. It's just a waiting game. Hopefully, they will honor the Z warrants for us too.
https://fintel.io/so/us/hymcz the Z Warrants are in demand. HYMCZ
Should go to a $1.00 Soon.
Good Boy!
Do you think Mudrick bought it on Margin Brian? I am glad they got this Hwang Character..
I know - I wish we had our own HYMCZ Board all these AMCers jumped in here. The Sad thing is that its not going any higher for them because they dont know how we suffered they are all crooks!
S O B erases my posts Bill
https://fintel.io/so/us/hymcz Wow people still have faith in HYMCZ lots of buyers.
Do you really trust their books? That CPA Firm that is auditing their books ought to be fired please vote them out if you are voting.
2021 Highlights
Safety: Hycroft's safety performance continues to improve with a 0.29 Total Recordable Injury Frequency Rate (TRIFR) at March 31, 2022, well below industry average of 1.75. Year-to-date 2022, the TRIFR is 0.00.
Production: Gold production for the quarter ended March 31, 2022, was 5,358 ounces and silver production was 16,861 ounces, both in line with forecast. Processing of ore on leach pads is currently planned to proceed through the second quarter of 2022.
Cash Position: The Company ended the first quarter 2022 with $172.8 million of cash on hand.
I sure hope so, but they are not just going to let them expire and go out and make millions for themselves? That would be a travesty. They need to give us an updated strike price with all those shares they added, Sprott owns some HYMCZ. This may get settled on the last day Oct 22. HYMCZ will report Q1 earnings on 08/15/2022