Hycroft Mining Holding Corporation (HYMC) surged in the Current Market; here is why?
Hycroft Mining Holding Corporation (HYMC) surged in the Current Market; here is why?
Hycroft Mining Holding Corporation (HYMC) surged in the current market after announcing investment in HYMC by AMC and Eric Sprott. HYMC values at $1.89, gaining more than 36.33% compared to the previous closing price. The stock closed at $1.39 at the end of the last trading session. The stock volume traded in the previous trading session was around 29.70 million shares. The current market cap of the company is about $120.79 million.
Hycroft矿业控股公司(HYMC)在宣布AMC和Eric Sprott投资HYMC后，在当前市场飙升。HYMC的估值为1.89美元，较前一交易日收盘价上涨逾36.33%。在上个交易日结束时，该股收于1.39美元。前一交易日的股票成交量约为2970万股。该公司目前的市值约为1.2079亿美元。
HYMC: AMC and Eric Sprott investment
HYMC：AMC和Eric Sprott投资
Hycroft Mining Holding Corporation (HYMC) announced in a press release today that investors in precious metals Eric Sprott and AMC Entertainment Holdings, Inc. (AMC) will invest $56 million in HYMC.
Hycroft矿业控股公司(HYMC)今天在一份新闻稿中宣布，贵金属投资者Eric Sprott和AMC Entertainment Holdings，Inc.(AMC)将向HYMC投资5600万美元。
According to the agreement, AMC and Mr. Sprott will invest approximately $27.8 million each in exchange for 23.4 million units. One unit will consist of a common stock share and a common stock purchase warrant of HYMC. The company decides the pricing as $1.193 per unit, required by NASDAQ for an at-market purchase unit. The pricing for each unit of purchase warrant is decided to be $1.068 per share. The units will have a five-year term from the date it is issued.
根据协议，AMC和斯普罗特将各自投资约2,780万美元，换取2,340万台。其中一个单位将由HYMC的普通股和普通股认购权证组成。该公司决定的定价为每单位1.193美元，这是纳斯达克要求的在市场上购买单位的价格。每单位认购权证的定价决定为每股1.068美元。这些单位的有效期为五年，自发行之日起计算。
After the deal, AMC will become the second-largest stakeholder in the Hycroft Mining Holding Corporation (HYMC) and will have access to the right of appointing the Hycroft Board of Directors.
交易完成后，AMC将成为Hycroft矿业控股公司(HYMC)的第二大股东，并将获得任命Hycroft董事会的权利。
HYMC Management Remarks
HYMC管理层评论
AMC Entertainment Holdings, which has proven its expertise and ability to deal with liquidity issues and raise capital to maximize the value of significant underlying assets, has announced a significant investment in the future of Hycroft, led by Eric Sprott, one of the world's leading precious metals investors. To put it another way, their investment provides Hycroft with a long-term funding source. Furthermore, their trust in us shows that Hycroft's gold and silver deposit is of world-class quality and that we have the potential to unlock significant value at this critical juncture in its development. With the help of our new investors, Hycroft can move up the value chain.
AMC娱乐控股公司已经证明了其在处理流动性问题和筹集资本以实现重大标的资产价值最大化方面的专业知识和能力，该公司宣布对Hycroft的未来进行重大投资，该投资由全球领先的贵金属投资者之一Eric Sprott领导。换句话说，他们的投资为Hycroft提供了一个长期的资金来源。此外，他们对我们的信任表明，Hycroft的金银矿藏具有世界级的质量，我们有潜力在其发展的关键时刻释放出重大价值。在我们新投资者的帮助下，Hycroft可以向价值链上游移动。
Conclusion
结论
The company is looking forward to using the proceeding in different corporate expenses, such as working capital or CAPEX, repayment of debts, or other investments. The stock price has surged significantly with this investment.
该公司期待着在不同的公司支出中使用这一程序，如营运资金或资本支出、偿还债务或其他投资。随着这项投资的进行，股价大幅上涨。