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Re: Lowjack post# 15468

Thursday, 01/19/2023 4:40:25 PM

Thursday, January 19, 2023 4:40:25 PM

Post# of 19512
They can't and won't. AMC, Eric Sprott Investment prevent that from EVER happening.

AMC Entertainment Holdings Inc. Announces Significant Investment, Buying 22% of Hycroft Mining Holding Corporation

This came with a detailed contract you may want to look at. Eric Sprotts investment contract is of greater detail preventing what you wrote.

Aron explained, “AMC’s willingness alongside gold and silver expert Eric Sprott to invest in Hycroft has already had immediate benefit for the company. It is receiving an infusion of $56 million of equity from the two of us, considerably lengthening its financial runway.



AMC buying 22% of Hycroft Mining Holding Corporation, and to receive an additional 23.4 million warrants in Hycroft at $1.07 per share

Making an investment equal to AMC is Eric Sprott, one of the world’s leading gold and silver investors

The 71,000 acre Hycroft Mine in northern Nevada is one of North America’s largest development sites

Independent third-party studies confirm that the Hycroft Mine has some 15 million ounces of gold resources and some 600 million ounces of silver resources

With its investment, AMC has been granted the right to appoint a representative to the Hycroft Board of Directors



The SEC filings cover the details.

https://investor.amctheatres.com/newsroom/news-details/2022/AMC-Entertainment-Holdings-Inc.-Announces-Significant-Investment-Buying-22-of-Hycroft-Mining-Holding-Corporation/default.aspx
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