Hycroft Mining Holding Corp (HYMC)

[darga33]

Hycroft: Urgent Matter Needs Immediate Attention

Sent: Monday, October 24, 2022

Current Status: Awaiting response from Dianne

Sent to: Diane Garrett, and several other individuals (individually, asking to make sure that Diane Garrett receives this, that it is urgent, so that we know absolutely for a 100 percent fact that she has received this request.

Hello Diane Garrett and Tara Petta:

We are writing to request that the expiration date of the HYMCZ warrants be extended 5 to 7 years from its current expiration date as the last trading day for these warrants just occurred on Friday, October 21, 2022.

We have included the AVP of Nasdaq, Tara Petta, as a recipient of this email as she recently filed form 25, Notification of Removal From Listing, and will be awaiting an updated application to extend the expiration date upon approval of this request.

Please allow us to introduce ourselves.

As you may or may not be aware, the HYMCZ warrants were issued to class 8 shareholders as part of a court ordered relief package due to the bankruptcy proceedings when Hycroft was under the name of Allied Nevada Gold Corp.

We are this class of shareholders and have since formed a group of approximately 500 individuals who collectively form the HYMCZ Warrant Holders Group.

From the date these warrants were issued until the date of the announcement that Mudrick Capital had acquired Hycroft, five of the seven valuable years had already passed for these warrant holders giving them absolutely no time to increase in value before the expiration date.

We solicit this extension in an effort to allow sufficient time for these warrants to provide the proper court provided relief to these class 8 shareholders.

This will result in zero cost to Hycroft and will bring great hope to warrant holders.

We would also like to request that the expiration date on the Hycroft website be updated to reflect this new date so that current warrant holders, who have not yet managed to find our group, can see that the warrant expiration date has been extended because we have no way of contacting them.

In closing, please reply to confirm that Hycroft has received this request and if this request is to be honored, please also include a confirmation of the new expiration date.

If possible, we would like to accomplish the extension before the majority of brokerage platforms begin to no longer display these warrants in warrant holder portfolios, so as to not confuse holders as to why their warrants may have temporarily disappeared. As of the writing of this request there has been one confirmed brokerage, Interactive Brokers, which has already removed these warrants from their platform, and will be awaiting confirmation from Nasdaq to add positions back to portfolios.

We greatly appreciate this extension and look forward to the drill exploration results as well as the celebration with Hycroft once drilling is complete.

Thank you,

HYMCZ Warrant Holders Group

About our group:

The HYMCZ Warrant Holders Group holds a combined total of approximately five million warrants, representing 39% of the approximately 12.7 million HYMCZ warrants outstanding. A complete members list can be found in Excel format at the following link:
https://bit.ly/HYMCZ-Members-List