InvestorsHub Logo

hyct_investor

08/25/21 9:48 AM

#11186 RE: Tradernick5 #11185

Post 500 Million Dollar Dilution, here is how control will switch from Mudrick & Co control board to this new entity (who puts 500 million $ of equity).

Current shares: 59.9 Millions
Mudrick & Co: 37.7 Millions

Mudrick: 63% of Hycroft
ANV Shareholder: 17.5% of Hycroft

Post 500 Million dollar equity sale, let us assume we will get to 400 millions total shares (this is in low side)

Mudrick will become: 9.43% of Hycroft
ANV Shareholder will still have: 17.5% of Hycroft


ANV share holder will become close to double the stake of Mudrick & Co.

Someone who is buying and got majority of HYMCZ holds the key to this bargain.