HYMC

EX-99.1

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EX-99.1

Exhibit 99.1

Hycroft Reports Q3 2026 Results and Maintains Strong Balance Sheet

October 27, 2026 – Winnemucca, NV – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or “the Company”), a U.S.-based silver and gold development company that owns the Hycroft Mine, announces its third quarter results and the filing of its Quarterly Report on Form 10-Q.

Q3 Highlights

●Maintained safety record with more than 1.5 million work hours without a lost-time incident and a 0.86 total recordable injury frequency rate (“TRIFR”)

●Maintained strong balance sheet with $211 million in unrestricted cash and no debt, placing the Company in a strong financial position to support ongoing exploration, technical studies, and project advancement activities

●Continued the 2025-2026 Exploration Drill Program with approximately 18,700 meters drilled since the program began, with results continuing to demonstrate high-grade growth at Brimstone and Vortex

●Michael Deal Appointed Chief Operating Officer, bringing extensive mining, operational, and technical experience as the Company advances exploration, technical studies, and development planning

●Appointed four new independent directors, adding experience in mining operations, technical services, finance, and corporate governance to the Board of Directors

Current and Future Work

●The Company, in collaboration with RESPEC Company LLC and Hatch Ltd., has been focused on the conceptual design of a high-grade underground mine and processing facility. This work is substantially complete and will be incorporated in the project optimization work planned for 2027

●The current trade-off study between roasting and pressure oxidation (“POX”) processing methods is also being finalized in the fourth quarter with the results expected to be released in the first quarter of 2027

●Drilling at Brimstone and Vortex will continue as we grow and further define the full potential of the high-grade systems

●Heap leach metallurgical test work is underway and is expected to be completed in the first half of 2027

Diane Garrett, Executive Chairman and CEO, commented: “The third quarter marked meaningful progress for Hycroft, as we strengthened the organization and continued to expand the high-grade silver systems at Brimstone and Vortex. Both systems continue to grow and remain open in all directions and at depth. At the same time, we are optimizing development plans to unlock the highest value of this world-class resource for the benefit of shareholders and other stakeholders. Our expanded leadership team and four new independent directors bring the mining, technical, financial, and governance expertise needed to advance the project to production. With $211 million in cash and no debt, we are well funded to execute our plan.”

www.hycroftmining.com 1

Organizational Update

Effective March 16, 2027, Stan Rideout, Chief Financial Officer, will transition to the newly created position of Executive Vice President, Strategic Advisor. Dr. Garrett commented, “Stan has been a valued partner whose financial leadership and strategic insight have been instrumental in strengthening Hycroft’s foundation and advancing our long-term objectives. I look forward to continuing to work with Stan.” The Company has commenced a search for a CFO.

Effective April 30, 2027, David Thomas, who previously served as Senior Vice President, General Manager and most recently, Senior Vice President, Corporate Affairs & Sustainability, will retire. To ensure a smooth transition, David will remain a consultant to the Company. Dr. Garrett commented, “Throughout his tenure, David has been a respected leader both within our organization and across the community where we operate. He played a pivotal role in strengthening our safety-first culture, reinforcing our commitment to ensuring every employee returns home safely each day. His leadership also helped foster a collaborative, values-driven corporate culture that has contributed significantly to our success. Beyond the Company, he built strong and lasting relationships with community leaders and stakeholders, establishing trust and support for our operations. I look forward to his continuing support as we advance the project.”

About Hycroft Mining Holding Corporation

Hycroft Mining Holding Corporation is a US-based gold and silver company exploring and developing the Hycroft Mine, among the world’s largest precious metals deposits, located in Nevada, a Tier-1 mining jurisdiction. With a history of heap leach operations, Hycroft is advancing to the next phase of operations for processing sulfide mineralization. In addition, Hycroft is engaged in a robust exploration drill program (2025-2026 Exploration Drill Program) to expand and advance the two new high-grade silver systems, Brimstone and Vortex. These discoveries represent a significant value driver for the Hycroft Mine.

For Further Information

Investor Relations:

E: info@hycroftmining.c

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2025-10-28 2025-10-28

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 28, 2025

HYCROFT

MINING HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

001-38387

82-2657796

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

P.O.

Box 3030

Winnemucca, Nevada

89446

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code (775) 304-0260

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock, par value $0.0001 per share

HYMC

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On October 28, 2025, Hycroft Mining Holding Corporation (the “Company”) issued a press release providing information about its operating and financial results for the quarter ended September 30, 2025. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.

The information included in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit

Number

Description

99.1

Press release issued by the registrant on October 28, 2025.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: October 28, 2025 Hycroft Mining Holding Corporation

By: /s/ Rebecca A. Jennings

Rebecca A. Jennings

Senior Vice President and General Counsel

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EX-99.1

Exhibit 99.1

Hycroft Files Second Quarter 2025 10-Q and Provides Corporate Update

WINNEMUCCA,

NV, July 31, 2025 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or the “Company”) announces second quarter 2025 results and filing of its Form 10-Q.

President’s Message

In the second quarter of 2025, Hycroft advanced several key activities:

● Strengthened the balance sheet by completing a public offering of Units, raising $40.7 million in cash in June 2025 (net of underwriters’ discount, before expenses). The exercise of the over-allotment option in July 2025 increased total proceeds to approximately $45.0 million (also net of underwriters’ discount, before expenses).

● As a result of the offering, Eric Sprott’s 2176423 Ontario Ltd. increased its ownership in the Company from 7% to 22% and approximately 15 new institutions came into the shareholder registry.

● Funded and further developed the 2025-2026 Exploration Drill Program that will focus on expanding the high-grade silver systems commencing in early August 2025 and continuing into 2026. The Program anticipates 14,500 meters of core drilling along with programs for geophysics, geochemistry, and other step out exploration activities focusing on the new high-grade silver systems at Brimstone and Vortex and the new target area at Manganese (located east of Brimstone).

● Continued metallurgical and variability test work for pressure oxidation and roasting of sulfide concentrate, with results expected mid-summer that will be incorporated into the next technical report expected in the fourth quarter of 2025.

● Continued, in light of strong gold and silver prices and the discovery of new oxide (heap leach) target areas, to evaluate the potential to initiate a heap leach operation as an early-stage development ahead of the planned milling operation.

The Company has steadily achieved key milestones in 2025, positioning it to capitalize on new opportunities identified in 2024. Completing technical studies for the next phase of operations remains a top priority, alongside continuing exploration drilling of high-grade silver trends and advancing technical and economic evaluations of oxide mineralization for potential mining and leaching. Hycroft is uniquely positioned to benefit from the current strength in precious metals, supported by its world-class Nevada asset. With over 64,000 acres—less than 10% of which have been explored—expanding high-grade discoveries, existing infrastructure, an experienced core development and operating team, and major permits already in place, Hycroft is significantly ahead of many development-stage companies and well positioned to capture future growth in a robust market environment.

Second Quarter 2025 HIGHLIGHTS

Corporate Highlights

● Safety: The Nevada Mining Association (“NVMA”) awarded Hycroft the 2025 first place NVMA Operator Safety Award for small surface mines. Hycroft has maintained a 0.00 TRIFR for more than two and a half years, operating over 1.3-million-man hours without a Lost Time Incident.

● Environmental: Through June 30, 2025, Hycroft maintained an impeccable environmental record and was recognized as stewards of successful reclamation.

● Balance Sheet: The Company ended the second quarter with unrestricted cash of $68.8 million, restricted cash of $30.0 million and total debt of $131.0 million.

Operational Highlights

● Exploration: In the first half of 2025, the Company advanced its geologic model by incorporating new silver systems and structural data from 2024 programs, and improved understanding of mineral domains through geochemical analysis. The newly updated geologic model will be used to guide the next phase of drilling planned to begin in August 2025.

● Technical Studies: During the first six months of 2025, the Company advanced metallurgical and engineering work for a potential sulfide milling operation, showing improved gold and silver recoveries through flotation testing. Ongoing studies are focused on optimizing processing methods, including roasting and pressure oxidation, with supporting work on plant design and infrastructure. Trade-off studies will follow to determine the most economically viable processing technology for the Hycroft Mine. The technical study with economics is expected to be complete in the fourth quarter of 2025.

The Company’s Form 10-Q for the period ended June 30, 2025, was filed July 31, 2025, and is available at www.sec.gov/edgar. See “Cautionary Note Regarding Forward-Looking Statements” below.

About Hycroft Mining Holding Corporation

Hycroft Mining Holding Corporation is a U.S.-based gold and silver company exploring and developing the Hycroft Mine, one of the world’s largest precious metals deposits located in northern Nevada, a Tier-1 mining jurisdiction. After a long history of oxide heap leaching operations, the Company is focused on completing the technical studies to transition the Hycroft Mine into a large-s

EX-99.1

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EX-99.1

Exhibit 99.1

Hycroft Files First Quarter 2025 10-Q and Provides Corporate Update

WINNEMUCCA,

NV, May 14, 2025 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or the “Company”) announces first quarter 2025 results and filing of its Form 10-Q.

President’s Message

In the first quarter of 2025, Hycroft advanced on several key activities:

●Metallurgical and engineering work – metallurgical testing advanced in the first quarter with respect to the trade-off study between roasting and pressure oxidation (POX) processing options for the sulfide ore. Final results are expected mid-summer.

●Final drill hole assays from the 2024 program were received and demonstrated more positive results in the Brimstone high-grade silver trend (see summary details below and press release dated April 30, 2025)

●Confirmed two new prospective exploration targets

○Bay (at the north end of the property) was drilled in late 2024 (drill hole H24E-6014) and demonstrated good high-grade gold veins demonstrating strong target potential at depth; and

○Manganese (southeast of Brimstone) also drilled in late 2024 (drill hole H24E-6015) yielded very positive results showing mineralization extending east beyond our current resource, with multiple high-grade oxide intercepts on low angle structures warranting further drilling

Given the high commodity price environment and identification of new oxide (heap leach) target areas, the technical team at Hycroft is further assessing the potential opportunity of a start-up heap leach operation in advance of the milling operation.

2025 is expected to be a defining year as we near critical milestones and capitalize on new opportunities identified in 2024. Completing the technical studies for the next phase of operation is a top priority as well as refining drill targets on the high-grade and newly identified areas of oxide mineralization to continue adding value to the Hycroft mine. With precious metals showing remarkable strength, Hycroft stands uniquely positioned with its world-class Nevada asset. With less than 10% of our 64,000+-acre property explored, our high-grade discoveries continuing to expand, existing infrastructure on-site and major mining permits in hand, we are well advanced compared to other development companies, and we are excited about the opportunities ahead in this robust precious metals environment.

First Quarter 2025 HIGHLIGHTS

Corporate Highlights

●Safety: Hycroft has maintained a 0.00 TRIFR for more than two years, operating over 1.2-million-man hours without a Lost Time Incident.

●Environmental: Through March 31, 2025, Hycroft maintained an impeccable environmental record and was recognized as stewards of successful reclamation.

●Balance Sheet: The Company ended the first quarter with unrestricted cash of $39.7 million, restricted cash of $27.7 million and total debt of $128.0 million.

○The cash requirements for the first half of each year are considerably higher than the second half of the year due to annual payments for property taxes, property and casualty insurance premiums, employee bonuses, and the strategic alternatives process.

Operational Highlights

●Exploration: The 2024 drill results together with geophysics, geochemistry, and mapping campaigns, has significantly advanced our understanding of the mineralizing controls in the high-grade trends of Brimstone and Vortex. In addition, this work has generated high-grade potential in new exploration targets (Bay and Manganese). The last of the 2024 drill results from Brimstone were received and demonstrate strong continuity of the high-grade veins, both up and down dip, as well as along strike. . Furthermore, the work completed throughout 2024 and during the first quarter of 2025 has identified the presence of both structures and intrusives in the high-grade silver trends, which have not previously been modeled and therefore create an excellent high-grade exploration target. The high-grade silver systems remain open in all directions and at depth. With less than 10% of the Company’s land position explored, there is tremendous further exploration potential.

●Technical Studies: During the first quarter 2025 metallurgical and engineering work continued and final metallurgical test work for roasting will be completed mid-year as part of the trade-off studies to assess whether roasting technology could offer superior economics compared to pressure oxidation (“POX”) technology for the Hycroft Mine. Roasting could allow the Company to be a significant producer of sulfuric acid, which is used in the lithium and copper mining industries. Once the final processing option is selected based on the projected economic return, the associated gold and silver recoveries and operating costs will be used for mine planning culminating in a technical report with economics by year end 2025. The Company’s Form 10-Q for the period ended March 31, 2025, was filed May 13, 2025, and is avai

EX-99.1 CHARTER

2 ex99-1.htm

Exhibit 99.1

Hycroft Files 2024 10-K and Provides Corporate Update

WINNEMUCCA,

NV, March 5, 2025 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or the “Company”) announces 2024 full year results and filing of its Form 10-K.

President’s Message

As precious metals continue their powerful momentum in early 2025, we’re proud to reflect on Hycroft Mining’s outstanding 2024 achievements, culminating in our latest announcement of the best drill hole (Hole 6018) in the Company’s more than 40-year history - an exceptional intercept of 21.2 meters of 2,359.68 g/t silver, including intervals exceeding 6,000 g/t silver. This supersedes the prior best hole ever drilled (Hole 5753), which returned over 85 meters of 534 g/t silver, including over 39 meters of 1,019 g/t silver. The year 2024 can be characterized as doing what our team does best and has done before – creating value by identifying opportunities that were not explored by several predecessor owners of this unique asset. Our extensive efforts to fully understand the genesis of this world-class asset delivered success for the Company and our shareholders.

Throughout 2024, our exploration program consistently delivered excellent results, expanding our newly discovered two high-grade silver dominant trends at Vortex and Brimstone. The drilling campaign produced remarkable intercepts at Brimstone exceeding 1,000 g/t silver in numerous drill hole intercepts. The 2024 drilling extended high-grade mineralization both up and down dip as well as south along strike, and we extended Vortex mineralization approximately 100 meters to the west, encountering both high-grade silver and significant gold values. Additionally, high-grade mineralization was extended along the northern and southern edges, and importantly, vertical continuity was established within the Vortex zone. Our 9,058-meter drilling program has fundamentally changed the notion that Hycroft is a large, low-grade system to one with significant high-grade potential. Due to the rapid expansion of the high-grade zones and continued growth opportunities remaining open in all directions, the Company has been contemplating opportunities to develop a smaller high-grade mining operation for the initial phase of sulfide mining. This would allow for less initial capital, strong cash flows early in the mine life, and overall enhanced economics.

Our operational excellence earned industry recognition, with Hycroft receiving the 2024 Operator Safety Award from the Nevada Mining Association. We concluded the year having achieved over 1,500 days without a lost-time incident - a testament to our team’s commitment to safety. We have completed more than two years with a zero (0.00) total recordable injury frequency rate (“TRIFR”).

Another significant milestone was our inclusion in the Solactive Global Silver Miners Total Returns Index in May 2024, increasing our visibility in the investment community. We maintained a strong financial position throughout the year, ending with $49.6 million in unrestricted cash after pre-paying $38.0 million of our first lien debt while also advancing our exploration and development programs.

2025 is expected to be a defining year as we near critical milestones - completing the technical studies for the next phase of operation and refining drill targets to continue adding value to the Hycroft mine. With precious metals showing remarkable strength, Hycroft stands uniquely positioned with its world-class Nevada asset. With less than 10% of our 64,000+-acre property explored, our high-grade discoveries continuing to expand, existing infrastructure on-site and major mining permits in hand, we are well advanced compared to other development companies, and we are excited about the opportunities ahead in this robust precious metals environment.

The new management team was assembled in the Fall of 2020 and inherited a substantial debt burden that it has reduced by $101 million (principal and cash interest over the period). However, as the Company believes the remaining debt with paid-in-kind interest continues to be an overhang on the Company’s share price and the valuation of its assets, it is continuing to explore a number of strategic and financial alternatives to address its balance sheet. Management and the holders of the subordinated notes, as well as other third-parties, have been and continue to work closely and collaboratively on a number of alternatives for restructuring the debt and future funding requirements. Alternatives may include a restructuring of the Company’s debt obligations, obtaining additional equity financing, joint ventures, or merger and acquisition transactions. With respect to transactions of this nature, there can be no assurances that any such transaction will occur or, if it does, the terms and timing thereof. In particular, the terms of any such transaction may be dilutive to our existing equity holders and at prices be

EX-99.1

2 ex99-1.htm

Exhibit 99.1

Hycroft Announces Third Quarter 2024 Results

WINNEMUCCA,

NV, November 5, 2024 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or the “Company”) announces quarterly results for the three months ended September 30, 2024.

Diane R. Garrett, Hycroft’s President & CEO, commented: “We have completed more than two years with a zero total recordable injury frequency rate (“TRIFR”) as we continued exploration of the two high-grade silver dominant trends and advanced the technical work needed for a sulfide milling operation. Our exploration and technical activities are being executed in a targeted, methodical, and cost-effective manner as we move Hycroft up the value chain.”

2024

THIRD QUARTER HIGHLIGHTS

Corporate Highlights

●Safety: Hycroft has maintained a 0.00 TRIFR for over two years, operating over 1.2 million man hours without a Lost Time Incident. During the third quarter, Hycroft was awarded the 2024 Operator Safety Award for small surface mines by the Nevada Mining Association.

●Balance Sheet: The Company ended the quarter with unrestricted cash of $55.8 million and total debt of $122.1 million.

Operational Highlights

●Exploration: During the third quarter of 2024, the Company continued to report very high-grade results from both Vortex and Brimstone and as a result, expanded the 2024 Drill program to build on the high-grade silver dominant trends identified and announced in November 2023. The program has again been expanded to approximately 8,500 meters of core drilling, of which approximately 6,600 meters of drilling were completed as of September 30, 2024. The current program continues to define the structural framework of the two new high-grade silver trends, targeting down-dip extensions, and further establishing continuity of the two trends. Additionally, the Company has extended the drilling program east of the current resource as a result of the Induced Polarity geophysical surveys completed in the second quarter of 2024 coupled with a robust mapping and sampling program to extend Hycroft mineralization to the east in a previously unexplored area within the current plan of operation.

●Technical Update: Hycroft advanced with metallurgical test and engineering work necessary for designing a sulfide milling operation during the third quarter of 2024. Crushing, grinding, and flotation work has identified significant improvements in gold and silver flotation recoveries compared to the current technical report that increase the economic benefits to the project. The Company completed the future Tailing Storage Facility designs that will extend material storage capacity and will meet new and emerging safety and environmental regulations for these types of facilities. Hycroft is continuing test work for identifying the optimal inputs and operating parameters for processing sulfide ore, and it continues to conduct trade-off studies to assess whether roasting technology could offer superior economics compared to pressure oxidation (“POX”) technology for the Hycroft Mine.

The Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2024, is available at www.sec.gov/edgar. See “Cautionary Note Regarding Forward-Looking Statements” below.

About Hycroft Mining Holding Corporation

Hycroft Mining Holding Corporation is a U.S.-based gold and silver company exploring and developing the Hycroft Mine, one of the world’s largest precious metals deposits located in northern Nevada, a Tier-1 mining jurisdiction. After a long history of oxide heap leaching operations, the Company is focused on completing the technical studies to transition the Hycroft Mine into a large-scale milling operation for processing the sulfide ore. In addition, the Company is engaged in a robust exploration drill program to unlock the full potential of our expansive +64,000-acre land package, of which less than 10% has been explored. In 2023, Hycroft announced the discovery of a new high-grade silver system within the known resource area and the delineation of two new high-grade silver trends. These discoveries represent a significant new value driver for the Hycroft Mine that the Company is following up on with additional drilling in 2024.

For further information, please contact:

info@hycroftmining.com

www.hycroftmining.com

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward- looking statements, including but

EX-99.1

2 ex99-1.htm

Exhibit 99.1

Hycroft Announces Second Quarter 2024 Results

WINNEMUCCA,

NV, August 6, 2024 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or “the Company”) announces quarterly results for the three months ended June 30, 2024.

Diane R. Garrett, Hycroft’s President & CEO, commented: “We continued our safety and operational excellence focus in the quarter ended June 30, 2024, as we operated without a lost time accident and achieved a zero total recordable injury frequency rate for the 8th consecutive quarter. The metallurgical test and design work for a sulfide milling operation is advancing, and the exploration team continued to expand its understanding of the new high-grade silver system. Through the meticulous ground based technical work, the team has identified additional opportunities for high-grade silver and gold adjacent to the known resource. Geophysics and structural interpretations have increased our understanding of the high-grade mineralization controls are guiding the expansion of the two trends along strike and at depth in addition to identifying new areas to explore. Our metallurgical, engineering, and exploration work and ongoing safety and operational excellence focus continue to move Hycroft up the value chain.”

2024

SECOND QUARTER HIGHLIGHTS

Corporate Highlights

● Safety: During the second quarter of 2024, Hycroft reported no lost time incidents (“LTI”) and the total recordable injury frequency rate (“TRIFR”) for the trailing 12 months was 0.00. Hycroft continues to operate above one million work hours without a LTI and a TRIFR of zero.

● Balance Sheet: The Company ended the quarter with $58.5 million of unrestricted cash and total debt was $119.3 million, net of unamortized discount and issuance costs.

● Equity Activities: The Company continued to access its at-the-market offering program and sold an additional 2.5 million shares of common stock for aggregate gross proceeds, before commissions and offering expenses, of $9.2 million.

● ESG Report: The current ESG report can be found on our website at https://hycroftmining.com.  Our ESG report demonstrates how we integrate our business goals and objectives with the interests and values of everyone affected by our Company. Exceptional success continued during the quarter in environmental compliance, workforce health, water management, and community engagement.  Upholding the highest standards of ethics and integrity in business remains at the forefront of our mission.

Operational Highlights

● Exploration: During the second quarter of 2024, the Company expanded the 2024 Drill program to follow up on the high-grade underground silver discovery announced in November 2023.  The program was expanded to approximately 6,200 meters of core drilling, of which approximately 4,000 meters of drilling have been completed through June 30, 2024. The current program is targeted to define the structural framework of the two new high-grade silver trends and target those areas that have not been drilled to establish continuity of the two high-grade silver trends.  Additionally, the Company completed Induced Polarity (“IP”) geophysical surveys with results expected in the third quarter of 2024. The 2024 Drill Program and geophysical surveys will help with the Company’s understanding of the structural controls observed in the two high-grade silver trends and potentially expand the Hycroft mineralization to the east in a previously unexplored area mostly within the current plan of operation.

● Technical Update: Hycroft continued test work and trade-off studies necessary for designing a sulfide milling operation, while it also continued work to evaluate the potential to generate meaningful by-product revenues through roasting along with potentially co-generating “green” electricity as part of the process. Process plant flowsheets, equipment selection, plant layout, tailing storage facility, and other designs continued to be developed.

The Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2024, is available at www.sec.gov/edgar. See “Cautionary Note Regarding Forward-Looking Statements” below.

About Hycroft Mining Holding Corporation

Hycroft Mining Holding Corporation is a US-based gold and silver company exploring and developing the Hycroft Mine, one of the world’s largest precious metals deposits located in northern Nevada, a Tier-1 mining jurisdiction. After a long history of oxide heap leaching operations, the Company is focused on completing the technical studies to transition the Hycroft Mine into a large-scale milling operation for processing the sulfide ore. In addition, the Company is engaged in a robust exploration drill program to unlock the full potential of our expansive +64,000-acre land package, of which less than 10% has been explored. In 2023, Hycroft announced the discovery of a new high-grade silver system within the known resource area and the delineation of two new high-grad

EX-99.1

2 ex99-1.htm

Exhibit 99.1

Hycroft Announces First Quarter 2024 Results

WINNEMUCCA,

NV, May 7, 2024 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or “the Company”) announces quarterly results for the three months ended March 31, 2024.

Diane R. Garrett, Hycroft’s President & CEO, commented: “The first quarter of the year continued to build on the strong results produced from our 2022-2023 exploration drill program, which identified a new high-grade silver discovery below the current resource pit that is truly a game changer for the Hycroft Mine. This new discovery has been very well received by the market and is bringing renewed attention to this world-class asset at an opportune time when commodity prices are also putting a spotlight on precious metals companies.

“To underscore the excellent work and successful results by our team, the market has responded positively and in addition, the Company has been included on the Solactive Global Silver Miners Total Return Index, effective May 1, 2024. Everything accomplished throughout the quarter has moved Hycroft further up the value chain and I commend the team for the meticulous and thoughtful work they delivered.”

2024

FIRST QUARTER HIGHLIGHTS

Corporate Highlights

●

Safety: During the first quarter of 2024, Hycroft reported no lost time accidents (“LTI”) and the total recordable injury frequency rate (“TRIFR”) for the trailing 12 months was 0.00. Hycroft continues to operate above one million work hours without a LTI and a TRIFR of zero.

●

Balance Sheet: The Company ended the quarter with $57 million of unrestricted cash. On January 5, 2024, the Company voluntarily pre-paid $38 million of its senior secured debt held by Sprott Resource Lending, leaving $15 million in first lien debt.

●

Equity Activities: The Company continued to access its at-the-market offering program and sold an additional 517,688 shares of common stock for aggregate gross proceeds, before commissions and offering expenses, of $1.2 million.

●

Inclusion in Solactive Global Silver Miners Total Return Index: On March 28, 2024, it was announced that Hycroft was selected for inclusion in the Solactive Global Silver Miners Total Return Index, effective May 1, 2024. The index includes international companies active in exploration, mining and/or refining of silver.

Operational Highlights

●

Exploration: During the first quarter of 2024, the Company continued its exploration drill program including analyzing drill assay data and information compiled in 2023. The 2024 exploration drill program (the “2024 Drill Program”) commenced in February 2024 to follow up on the high-grade underground silver discovery announced in November 2023. The current program is targeted to define the structural framework of the two new high-grade silver trends and target those areas that have not yet been drilled to establish continuity and extent, laterally and at depth, of these trends. The 2024 Drill Program currently includes approximately 5,200 meters of core drilling with the flexibility to expand the program.

●

Technical Update: Hycroft has been engaged in trade-off studies and alternatives analyses to optimize the development plan to build, mine and process gold and silver from sulfide ore that yields the best economic return for shareholders. Through this work, the Company identified that roasting the Hycroft sulfide ore has the potential to generate by-product sulfuric acid revenue that may create significant economic benefits for the project in addition to the gold and silver. Sulfuric acid has several commercial uses including in the production of lithium from sedimentary style deposits, of which there are five such projects in Nevada in addition to other locations. There is also the potential to co-generate “green” electricity as part of the process. Due to the potential to generate meaningful by-product revenues through roasting, the Company has initiated additional metallurgical studies to determine if utilizing roasting technology instead of pressure oxidation technology would deliver superior economics for the Hycroft Mine.

Diane R. Garrett, President and CEO of Hycroft, commented: “The market for sulfuric acid is in high demand due to the lithium industry and the transition towards green energy, electric vehicles and renewable energy storage. The market is expected to grow substantially with not enough supply to meet that demand. Paired with the significant gold and silver resources we have, sulfuric acid with co-generation of electricity could be an excellent complimentary by-product that could establish Hycroft within the supply chain for the clean energy transition. Trade-off analyses will be completed over the coming months and is critical to ensuring value is maximized for the asset and shareholders.”

In addition, the recent high-grade silver discovery and ongoing 2024 exploration drilling is providing beneficial data towards the potential of an underground

EX-99.1

2 ex99-1.htm

Exhibit 99.1

Hycroft Announces Year End 2023 Operating and Financial Results

WINNEMUCCA,

NV, March 14, 2024 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or “the Company”) announces operating and financial results for three and 12 months ended December 31, 2023.

Diane R. Garrett, Hycroft President & CEO, commented: “The year culminated in a significant step-change for the Hycroft Mine, following two years of steady, meticulous work by the team. We always believed there was more to the Hycroft deposit than what was previously understood, and by taking a fresh look at the data and target development we have made the discovery of not one but two new high-grade silver trends within the known resource area. This is incredibly exciting for the future of Hycroft and we intend to accelerate drilling in 2024 to continue expanding on these discoveries.”

Ms. Garrett continued: “We cannot wrap up the year without emphasizing the commitment of our team to ensuring the health and safety of everyone at site. Throughout the year Hycroft’s stellar safety record was recognized through numerous industry accolades and we closed out the year having completed two full calendar years with a Total Recordable Injury Frequency Rate of zero. Additionally, we advanced the engineering studies for the next phase of operations and delivered robust metallurgical results demonstrating significant improvements in recoveries for both gold and silver. Overall, a strong year that added meaningful value to this world-class asset.”

2023

YEAR-END HIGHLIGHTS

Operational Highlights

● New high-grade silver discoveries: In late 2023, Hycroft announced the discovery of a new silver system at Brimstone as a result of reviewing historical data with a fresh perspective and completing necessary ground-based geologic work to identify what controls the mineralization at Hycroft. Drilling at depth intercepted the best hole ever drilled at Hycroft (H23R-5753 returning 85.3 meters of 534.29 g/t Ag – see news release dated November 16, 2023, for more details). In addition, as a result of further drilling, two new high-grade silver trends were delineated with well-defined, continuous high-grade veins averaging greater than 137 g/t, including areas of very high-grade (> 2000 g/t Ag) (see news release dated January 9, 2024, for details). These discoveries represent a significant new value driver for the Hycroft Mine that the Company is following up on with additional drilling in 2024.

● Exploration: With a focus on enhancing project economics, approximately 11,000 meters of reverse circulation (“RC”) drilling and 4,000 meters of core drilling were completed on targets within the known resource area as part of Phase 2 of the 2022-2023 exploration drill program (the “Drill Program”). An additional 2,000 meters of core drilling focused on high-priority exploration targets outside the known resource area, defined by the hyperspectral work completed in 2022. Final results are pending.

● Technical Report: The “Hycroft Property Initial Assessment Technical Report Summary Humboldt and Pershing Counties, Nevada” was filed with an effective date of March 27, 2023 (the “2023 Hycroft TRS”) in accordance with the U.S. Securities and Exchange Commission’s Modernization of Property Disclosures for Mining Registrants as set forth in subpart 1300 of Regulation S-K. The 2023 Hycroft TRS is available on the Company’s website at https://hycroftmining.com/hycroft-mine/mineral-resources/ and at www.sec.gov/edgar.

● Metallurgical and Variability Test Work: The Company completed a substantial portion of the metallurgical and flotation variability test work necessary for designing a sulfide milling operation, establishing (i) a comprehensive understanding of how each geologic domain will perform during operations and (ii) the processing components and reagents required to optimize gold and silver recoveries. Metallurgical and flotation tests produced promising results, with confirmed average flotation recoveries increasing to 89% for gold and 93% for silver, up from 80% for both in the 2023 Hycroft TRS. These findings inform further process development and refining of crushing and grinding studies. Combined with data from the Drill Program, these results will guide mine plan design, mill circuit configuration, and ore haul truck specifications, among other engineering considerations, to enhance the value of the Hycroft Mine.

Corporate Highlights

● Safety: During 2023, Hycroft reported no lost time accidents and in the second quarter of 2023 the mine achieved one million work hours without a Lost Time Incident. In addition, on December 31, 2023, Hycroft concluded two consecutive calendar years with a Total Reportable Injury Frequency Rate of 0.00.

● Balance Sheet: The Company ended 2023 with $106 million of unrestricted cash, including $9 million received from a reduction in cash collateral associated with the project reclamation bond, an

EX-99.1

2 ex99-1.htm

Exhibit 99.1

Hycroft Mining Announces Third Quarter 2023 Results

WINNEMUCCA,

NV, October 31, 2023 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or “the Company”) announces quarterly results for the three and nine months ended September 30, 2023.

“The Hycroft team has so much to be proud of this quarter,” stated Diane Garrett, President and CEO of Hycroft. “First and foremost is the team’s achievements in health and safety, having been recognized with not one, but four awards for Hycroft’s health and safety record by the Nevada Mining Association, MSHA (Mine Safety and Health Administration) and SME (Society for Mining Metallurgy and Exploration) (see below for specific awards). The Hycroft team has maintained a zero total recordable injury frequency rate for the last 12 months. Our people are truly our greatest asset, and we commend them for their dedication to ensuring that everyone goes home safe every day.”

“The team continued to advance our objectives with regard to metallurgical test work and exploration, from which we are seeing excellent results,” continued Dr. Garrett. “The positive flotation recovery results we announced earlier this quarter are an important step in de-risking Hycroft and provide critical information for understanding the economics of the asset as we progress the pre-feasibility study. In addition, the higher silver grades and mineralization we are seeing in drilling from Vortex and Camel present promising opportunities to enhance the value of Hycroft’s resource amidst increasing industrial demand for silver. While the capital markets are currently challenging for the mining industry, having a healthy treasury of over $100 million we believe we have a solid foundation to navigate market conditions while advancing the Hycroft Mine.”

THIRD

QUARTER HIGHLIGHTS

Corporate Highlights

●Safety: The Company reported no Lost Time Incidents (“LTI”) during the first nine months of 2023. The Company has not had an LTI since October 2020. The Hycroft Mine’s Total Recordable Injury Frequency Rate (“TRIFR”) for the trailing 12 months was ZERO at September 30, 2023. The Company’s last reportable incident was November 2021. The mining industry TRIFR average for the same period was 2.173 recordable injuries per 200,000 workhours.

●Safety awards: We are very pleased to report that Hycroft received a number of recognitions for its stellar safety record and practices, including:

○Nevada Mining Association’s 2023 Mine Operator Safety Award, First Place for Surface – Small

○Two Safety Performance “Certificates of Achievement” by the Mine Safety & Health Administration (MSHA) – one for Open Pit Group and one for Metal Non-Metal Group.

○The Society for Mining, Metallurgy & Exploration’s (SME) 2023 Health & Safety Individual Excellence Award, awarded to Hycroft’s Health & Safety Manager, Robert Spears.

●Cash position: The Company ended the third quarter of 2023 with $106.9 million of unrestricted cash, $35.0 million of restricted cash, and is in compliance with debt covenants.

●Technical: The Company completed a substantial portion of the metallurgical and flotation variability test work necessary for designing a sulfide milling operation. This work established (i) a comprehensive understanding of how each geologic domain will perform during operations; and (ii) the processing components and reagents required to optimize gold and silver recoveries. Metallurgical and flotation tests produced promising results, with confirmed average flotation recoveries increasing to 89% for gold and 93% for silver, up from 80% for both in the March 2023 Technical Report. These findings inform further process development, pressure oxidation testing, and refining of crushing and grinding studies. Combined with data from the 2022-2023 exploration drill program (the “Drill Program”), these results will guide mine plan design, mill circuit configuration, and ore haul truck specifications, among other engineering considerations, to enhance the value of the Hycroft Mine.

Exploration Highlights

●In July 2022, the Company launched its 2022-2023 exploration drill program, the largest exploration program at the Hycroft Mine in nearly a decade. Phase 2 drilling began in April 2023 and comprises 5,400 meters of core and 11,100 meters of reverse circulation drilling, of which 75% and 100% have been completed, respectively. Phase 2 of the Drill Program is focusing on in-fill drilling in areas that will comprise the first 10 years of mining activities and on targets outside the known resource area.

●Interim drill results from Phase 2 of the Drill Program demonstrate that the Hycroft system continues to expand with mineralization extending the Camel and Vortex zones. Vortex continues to deliver very high-grade silver at depth 15-times higher than the average silver resource grade1 and extending mineralization to the west.

●Drilling in the Camel zone intercepted mineralization well outsid

EX-99.1

2 ex99-1.htm

Exhibit 99.1

HYCROFT

PROVIDES SECOND QUARTER 2023 OPERATING AND FINANCIAL RESULTS

WINNEMUCCA,

NV, JULY 26, 2023 - Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or “the Company”), a gold and silver development company that owns the Hycroft Mine in the prolific mining region of Northern Nevada, announces operating and financial results for the quarter ended June 30, 2023. Today, the Company filed its Quarterly Report on Form 10-Q for the period ended June 30, 2023, which is available at www.sec.gov/edgar. See “Cautionary Note Regarding Forward-Looking Statements” below.

Second Quarter 2023

Corporate Highlights

● Safety: The Company reported no lost time Incidents (“LTI”) during the first six months of 2023 and achieved 1 million workhours without a LTI as of June 2023, a significant milestone. The Company has not had a LTI since October 2020. The Hycroft Mine’s total recordable injury frequency rate (“TRIFR”) for the trailing 12 months was ZERO at June 30, 2023, and December 31, 2022. The Company’s last reportable incident was November 2021. The mining industry TRIFR average for the same period was 2.462 recordable injuries per 200,000 workhours.

● Cash Position: The Company ended the second quarter of 2023 with $117 million of unrestricted cash, $35 million of restricted cash, and is in compliance with debt covenants.

● Technical: Metallurgical and variability test work is nearing completion. To date, the test work demonstrates flotation gold and silver recoveries averaging approximately 10% higher than the flotation recoveries reflected in the Company’s most recent initial assessment technical report. Benchtop testing of recoveries from pressure oxidation has been initiated, with results anticipated by the end of the third quarter of 2023.

Exploration Highlights

● The Company launched its 2022-2023 exploration drill program in July 2022, constituting the most extensive exploration program at the Hycroft Mine in nearly a decade. Phase 1 of the drill program was completed with overall positive results. The details and highlights for Phase 1 are available on the Company’s website.

● Phase 2 of the drill program began in April 2023 with a reverse circulation (“RC”) program. This phase of drilling is designed to convert inferred resources to a measured or indicated classification and convert areas with limited drilling to indicated resources. The initial results for this portion of the program outperformed the model. The core drilling portion of the Phase 2 drill program began in June 2023, targeting areas outside of the known resource within the current plan of operations. The results from these programs are pending.

www.hycroftmining.com

● During the second quarter of 2023 and in mid-July 2023, the Company obtained drill permits for step-out exploration targets that currently lie outside of the current resource footprint and plan of operations, targeting potential high-grade deposits.

● The Company is continuing exploration groundwork, geophysics, and data review to identify additional high-grade exploration targets on claims outside the current plan of operations to enhance our resource portfolio and identify additional avenues for sustainable growth.

Diane R. Garrett, President and CEO commented, “By prioritizing safety and dedicating our resources to operational excellence, we have laid the foundation for success in the first half of 2023. I am incredibly proud of the team at Hycroft for achieving a significant milestone of 1 million hours without a lost time incident, a direct result of our dedication to ensuring we are working safely while delivering on our objectives. Our ongoing metallurgical and flotation test work has yielded promising results that will add additional value to the Hycroft Mine. This test work, alongside our 2022-2023 exploration drill program, will form the basis of the strategic design and engineering requirements for our mining operation. It is very exciting to receive the permits to continue our step-out exploration efforts targeting high grades in the Wild Rose target area adjacent to the Vortex zone and in the Oscar and School Bus target areas near the historic high-grade Rosebud mine. We are confident in our progress and look forward to the continued growth and success of our endeavors.”

About the Hycroft 2022-2023 Exploration Drill Program

The 2022–2023 exploration drill program at the Hycroft Mine is a two-phase project comprising RC and core drilling. Phase 2 drilling includes (i) drilling outside the current plan of operations for which permits have been received and (ii) drilling prospective high-grade targets within the plan of operations that were refined based on assay results from Phase 1 drilling.

About Hycroft Mining Holding Corporation

Hycroft is a US-based, gold and silver company developing the Hycroft Mine located in the world-class mining region of Northern Nevada.

For further information, please contact:

F

hymc-20230328

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): March 28, 2023

HYCROFT MINING HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-38387 82-2657796

(State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.)

4300 Water Canyon Road, Unit 1

Winnemucca, Nevada 89445

(Address of principal executive offices) (Zip code)

(775) 304-0260

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Class A common stock, par value $0.0001 per shareHYMC The Nasdaq Capital Market

Warrants to purchase common stockHYMCW The Nasdaq Capital Market

Warrants to purchase common stockHYMCL The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 2.02 Results of Operations and Financial Condition.

On March 28, 2023, Hycroft Mining Holding Corporation issued a press release providing information about its year end 2022 operating and financial results. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.

In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in the press release is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 7.01 Regulation FD Disclosure.

Beginning March 28, 2023, the Company’s management will deliver and/or utilize the corporate presentation attached hereto as Exhibit 99.2 and incorporated herein by reference. The information contained in any website is not a part of this Current Report on Form 8-K.

In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01, including Exhibit 99.2, is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Exchange Act, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this Item 7.01 shall not be deemed an admission as to the materiality of any information in this Item 7.01.

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits

The list of exhibits is set forth on the Exhibit Index of this Current Report on Form 8-K and is incorporated herein by reference.

EXHIBIT INDEX

Exhibit

Number Description

99.1 Press Release of Hycroft Mining Holding Corporation issued on March 28, 2022*

99.2 Corporate Presentation of Hycroft Mining Holding Corporation.*

104Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)

* Furnished pursuant to Regulation FD.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HYCROFT MINING HOLDING CORPORATION

(Registrant)

Dated: March 29, 2023/s/ Stanton Rideout

Stanton Rideout

Executive

hymc-20221101

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): November 1, 2022

HYCROFT MINING HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-38387 82-2657796

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

4300 Water Canyon Road, Unit 1

Winnemucca, Nevada

89445

(Address of Principal Executive Offices)

(Zip Code)

(775) 304-0260

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Class A common stock, par value $0.0001 per shareHYMC The Nasdaq Capital Market

Warrants to purchase Common StockHYMCW The Nasdaq Capital Market

Warrants to purchase Common StockHYMCL The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On November 1, 2022, Hycroft Mining Holding Corporation (the “Company”) issued a press release reporting certain of the Company’s operating and financial results for the third quarter of 2022. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 hereto and is incorporated by reference herein.

In accordance with General Instruction B.2 of Form 8-K, the information set forth in Item 2.02 herein and in the press release is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01    Financial Statements and Exhibits.

(d)    Exhibits

The list of exhibits is set forth on the Exhibit Index of this Current Report on Form 8-K and is incorporated herein by reference.

EXHIBIT INDEX

Exhibit

Number Description

99.1 Press Release of Hycroft Mining Holding Corporation dated November 1, 2022*

104Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)

* Furnished pursuant to Regulation FD.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: November 1, 2022Hycroft Mining Holding Corporation

By: /s/ Stanton Rideout

Stanton Rideout

Executive Vice President and Chief Financial Officer

hymc-20220804

0001718405false00017184052022-08-042022-08-040001718405us-gaap:CommonClassAMember2022-08-042022-08-040001718405hymc:WarrantsToPurchaseCommonStockMember2022-08-042022-08-040001718405hymc:WarrantsToPurchaseCommonStockTwoMember2022-08-042022-08-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): August 4, 2022

HYCROFT MINING HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-38387 82-2657796

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

4300 Water Canyon Road, Unit 1

Winnemucca, Nevada

89445

(Address of Principal Executive Offices)

(Zip Code)

(775) 304-0260

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Class A common stock, par value $0.0001 per shareHYMC The Nasdaq Capital Market

Warrants to purchase Common StockHYMCW The Nasdaq Capital Market

Warrants to purchase Common StockHYMCZ The Nasdaq Capital Market

Warrants to purchase Common StockHYMCL The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 4, 2022, Hycroft Mining Holding Corporation (the “Company”) issued a press release reporting certain of the Company’s operating and financial results for the second quarter of 2022. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 hereto and is incorporated by reference herein.

In accordance with General Instruction B.2 of Form 8-K, the information set forth in Item 2.02 herein and in the press release is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 7.01 Regulation FD Disclosure.

The press release also announced adjustments to the exercise price and number of shares issuable upon exercise of the warrants (the “HYMCZ Warrants”) issued by Hycroft Mining Corporation (“HMC”) pursuant to that certain Warrant Agreement, dated October 22, 2015 (the “Warrant Agreement”), by and between HMC and Computershare Inc. and its wholly-owned subsidiary, Computershare Trust Company, N.A., collectively as the initial warrant agent. The Warrant Agreement and the HYMCZ Warrants issued thereunder were assumed by the Company, with Continental Stock Transfer & Trust Company LLC as the successor warrant agent, in connection with the closing of the Company’s business combination on May 29, 2020 between the Company and HMC. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference herein.

In accordance with General Instruction B.2 of Form 8-K, the information set forth in Item 7.01 herein and in the press release is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01    Financial Statements and Exhibits.

(d)    Exhibits

The list of exhibits is set forth on the Exhibit Index of this Current Report on Form 8-K and is incorporated herein by r

hymc-20211112

0001718405false00017184052021-11-122021-11-120001718405us-gaap:CommonClassAMember2021-11-122021-11-120001718405hymc:WarrantsToPurchaseCommonStockMember2021-11-122021-11-120001718405hymc:WarrantsToPurchaseCommonStockTwoMember2021-11-122021-11-120001718405hymc:WarrantsToPurchaseCommonStockThreeMember2021-11-122021-11-12

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): November 12, 2021

HYCROFT MINING HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-38387 82-2657796

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

8181 E. Tufts Avenue, Suite 510

Denver, Colorado

80237

(Address of Principal Executive Offices)

(Zip Code)

(303) 253-3267

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Class A common stock, par value $0.0001 per shareHYMC The Nasdaq Capital Market

Warrants to purchase Common StockHYMCW The Nasdaq Capital Market

Warrants to purchase Common StockHYMCZ The Nasdaq Capital Market

Warrants to purchase Common StockHYMCL The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02    Results of Operations and Financial Condition.

On November 12, 2021, Hycroft Mining Holding Corporation (the “Company”) issued a press release reporting the Company’s operating and financial results for the three and nine months ending September 30, 2021. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 hereto and is incorporated by reference herein.

Item 9.01.    Financial Statements and Exhibits.

(d)    Exhibits

The list of exhibits is set forth on the Exhibit Index of this Current Report on Form 8-K and is incorporated herein by reference.

EXHIBIT INDEX

Exhibit

Number Description

99.1 Press Release of Hycroft Mining Holding Corporation dated November 12, 2021

104Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)

*       Furnished pursuant to Regulation FD.

3

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 17, 2021Hycroft Mining Holding Corporation

By: /s/ Stanton Rideout

Stanton Rideout

Executive Vice President and Chief Financial Officer

hymc-20211110

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): November 10, 2021

HYCROFT MINING HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-38387 82-2657796

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

8181 E. Tufts Avenue, Suite 510

Denver, Colorado

80237

(Address of Principal Executive Offices)

(Zip Code)

(303) 253-3267

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Class A common stock, par value $0.0001 per shareHYMC The Nasdaq Capital Market

Warrants to purchase Common StockHYMCW The Nasdaq Capital Market

Warrants to purchase Common StockHYMCZ The Nasdaq Capital Market

Warrants to purchase Common StockHYMCL The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Agreement.

On November 9, 2021, Hycroft Mining Holding Corporation (the “Company”) entered into a waiver (the “Waiver”) with Sprott Private Resource Lending II (Collector), LP (the “Lender”) of certain provisions of the Amended and Restated Credit Agreement, dated as of May 29, 2020 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among the Company, the Lender, the Guarantors (as defined in the Credit Agreement) and the other parties thereto. Pursuant to the Waiver, the Lender has (i) permitted the Company to cease active mining operations and (ii) to reduce the amount of unrestricted cash required to be maintained by the Company from not less than $10,000,000 to not less than $9,000,000 for the period ending May 10, 2022.

The foregoing description of the Waiver does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Waiver, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 hereto.

Item 2.02. Results of Operations and Financial Condition.

On November 10, 2021, the Company issued a press release reporting the Company’s operating results for the three and nine months ended September 30, 2021. The press release also announces the Company’s cessation of active mining operations. The information in this Item 2.02, including the press release attached as Exhibit 99.1 to this Current Report on Form 8-K, is being furnished, but shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any filing with the Securities and Exchange Commission except as shall be expressly set forth by specific reference in such filing.

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 9, 2021, David Kirsch notified the Company’s board of directors (the “Board”) of his resignation as a director and Chairman of the Board, effective immediately. Mr. Kirsch’s decision was not the result of any dispute or disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On November 9, 2021, the Board appointed its independent lead director, Eugene Davis, to replace Mr. Kirsch as Chairman of the Board.

Item 9.01.    Financial Statements and Exhibits.

(d)

hymc-20210804

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): August 4, 2021

HYCROFT MINING HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 001-38387 82-2657796

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

8181 E. Tufts Avenue, Suite 510

Denver, Colorado

80237

(Address of Principal Executive Offices)

(Zip Code)

(303) 253-3267

Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Class A common stock, par value $0.0001 per shareHYMC The Nasdaq Capital Market

Warrants to purchase Common StockHYMCW The Nasdaq Capital Market

Warrants to purchase Common StockHYMCZ The Nasdaq Capital Market

Warrants to purchase Common StockHYMCL The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02    Results of Operations and Financial Condition.

On August 4, 2021, Hycroft Mining Holding Corporation (the “Company”) issued a press release reporting the Company’s operating and financial results for the three and six months ending June 30, 2021. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 hereto and is incorporated by reference herein.

Item 9.01.    Financial Statements and Exhibits.

(d)    Exhibits

The list of exhibits is set forth on the Exhibit Index of this Current Report on Form 8-K and is incorporated herein by reference.

EXHIBIT INDEX

Exhibit

Number Description

99.1 Press Release of Hycroft Mining Holding Corporation dated August 4, 2021

104Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)

*       Furnished pursuant to Regulation FD.

3

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 17, 2021Hycroft Mining Holding Corporation

By: /s/ Stanton Rideout

Stanton Rideout

Executive Vice President and Chief Financial Officer