Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

Price quoted - I tried to exercise at $8.40

I tried to get my broker to do the exercise for around $8.40 per warrant; but was told since the warrants were out of the money that I was not allowed to exercise one. I told them that I did not care but apparently there is some rule that you can't exercise the warrants if they are out of the money. (I assume it is related to wanting to keep the number of shareholders below 300 so as to not trigger SEC reporting requirements.)

I was trying to exercise a warrant to get a share of common stock, and then move it to the Direct Registration System. Then I would be a shareholder of record, register online with the company, they would see that I was a shareholder of record, and then be able to get a copy of the financial statements and see what the company looked like.

While that would still be helpful, at least we have some valuation as to HYCT shares of around $1.12 per share, but no details as to how that valuation is being arrived at.

I did note there are MUDS warrants (MUDSW) that have an exercise price of $11.50 per share, good for five years, but can be called if the price of the common goes about $18 per share for a number of trading days.

Louis J. Desy Jr.