AMC Entertainment Makes $56 Million Investment for 22% Stake in Hycroft Mining Holding Corporation

March 15, 2022

AMC Entertainment Holdings is investing $56 million to buy a 22% stake in Hycroft Mining Holding Corporation and to receive additional Hycroft warrants. The companies also expect the private placement closing on or about March 15, 2022, with AMC and co-investor Eric Sprott each funding $27.9 million in cash for units in Hycroft.

Buyers
AMC Entertainment Holdings Inc., Eric Sprott
Targets
Hycroft Mining Holding Corporation
Industry
Energy
Location
United States
Transaction Type
Growth capital

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