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Re: RodTheNewbie post# 14466

Wednesday, 06/29/2022 2:17:10 PM

Wednesday, June 29, 2022 2:17:10 PM

Post# of 19531
They can't, according to capital raise agreement between Eric Sprott and AMC buy in.
This is why Eric Sprott had to reduce his interest, keeping it under 10% as he also owns another Institution that is also a vested institution.

Under the agreement, the company can't dilute the investors out of the picture whom both have a majority voting right, yet still keeping Hycroft in complete control from a corporate take over and again, why Sprott had to reduce his position.
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