Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

17.5% what it means

The 17.5% was part of the calculation to determine how many warrants the old common shareholders should get. That calculation was that with the reformed company there would be enough warrants so if all of them were exercised that the old shareholders would have 17.5% of the reorganized company; the only problem is that the common share price needs to get up to $8.40 or higher for this to work.

Louis J. Desy Jr.