Business
Hycroft Mining Provides Update Regarding Nasdaq Listing
WINNEMUCCA, Nev., Sept. 25, 2023 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") announces that it plans to
About this update from Hycroft Mining Holding Corporation
[{"type":"text","content":"WINNEMUCCA, Nev., Sept. 25, 2023 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) (\"Hycroft\" or \"the Company\") announces that it plans to file a timely request for a hearing before the Nasdaq Hearings Panel (the \"Panel\") to present its plan to regain compliance with Nasdaq's minimum bid price requirement.\n\n \n \n \n \n \n \n\n \nUpon the filing of the request for a hearing, any further action by Nasdaq will be stayed, and the Company's shares will continue to trade on Nasdaq until the issuance of the Panel's decision following the hearing.\nThe Company is diligently working to regain compliance with the minimum bid price requirement and will provide an update when relevant information becomes available. For more information on the appeal and hearing process, please visit www.listingcenter.nasdaq.com/.\nAbout Hycroft Mining Holding Corporation\nHycroft Mining Holding Corporation is a US-based gold and silver company developing the Hycroft Mine, one of the world's largest precious metals deposits located in northern Nevada, a Tier-One 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 +60,000-acre land package, of which only 10% has been explored.\nwww.hycroftmining.com\nCautionary Note Regarding Forward-Looking Statements\nThis 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 not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. The words \"estimate\", \"plan\", \"anticipate\", \"expect\"...