Brief: Hycroft Announces Debt Reduction

Hycroft Mining Holding

29/11/2022 22:13

Nov 29 (Reuters) - Hycroft Mining Holding Corporation
 HYMC.O :
    * HYCROFT ANNOUNCES DEBT REDUCTION
    * REDUCED ITS OUTSTANDING DEBT BY APPROXIMATELY $12.2
MILLION IN
TWO TRANSACTIONS
    * PURCHASED TOTAL OF $12.2 MILLION OF DEBT IN EXCHANGE FOR
CASH
CONSIDERATION OF $6.7 MILLION PLUS 500,000 SHARES OF CO'S COMMON
STOCK
    * EXPLORATION PROGRAM IS PROGRESSING ON SCHEDULE AND
ADDITIONAL
ASSAY RESULTS ARE EXPECTED TO BE RELEASED PRIOR TO YEAR END

Source text for Eikon:  ID:nPn8ylSbda 
Further company coverage:  HYMC.O 
 ((Reuters.Briefs@thomsonreuters.com))