Eric Sprott - Jun 24, 2022 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Role
10%+ Owner
Signature
/s/ Eric Sprott
Stock symbol
HYMC
Transactions as of
Jun 24, 2022
Transactions value $
-$6,375,000
Form type
4
Date filed
6/27/2022, 07:42 PM
Previous filing
Apr 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYMC Class A common stock Sale -$6.38M -5M -21.36% $1.28 18.4M Jun 24, 2022 By 2176423 Ontario Ltd. F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Eric Sprott is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These securities are owned directly by 2176423 Ontario Ltd. Eric Sprott controls 2176423 Ontario Ltd. and has the power to direct the voting and disposition of Class A common stock held by the entity through his ownership interests in 2176423 Ontario Ltd. All of the Reporting Persons are a "group" for purposes of Section 13(d) of the Exchange Act. 2176423 Ontario Ltd. also holds warrants to acquire 23,408,240 shares of Class A common stock, but the terms and conditions of the warrants preclude 2176423 Ontario Ltd. from exercising the warrant to the extent that such exercise would cause 2176423 Ontario Ltd. (together with its affiliates) to beneficially own in excess of 9.8% of the shares of Class A common stock of Hycroft Mining Holding Corporation immediately after such exercise. As a result of the transactions reported by this Form 4, warrants to acquire 911,760 shares of Class A common stock became exercisable and such shares may be deemed to be beneficially owned by the Reporting Persons.