Business
Hycroft Mining Regains Compliance with Nasdaq Listing Requirements
WINNEMUCCA, Nev., Dec. 5, 2023 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") is pleased to announce that it rec
About this update from Hycroft Mining Holding Corporation
[{"type":"text","content":" WINNEMUCCA, Nev., Dec. 5, 2023 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) (\"Hycroft\" or \"the Company\") is pleased to announce that it received notice from The Nasdaq Stock Market LLC (Nasdaq) informing Hycroft that it has regained compliance with the minimum bid price requirement under NASDAQ Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Consequently, Hycroft is now in compliance with all applicable listing standards, and its common stock will continue to be listed on The Nasdaq Capital Market. About Hycroft Mining Holding Corporation Hycroft 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 +64,000-acre land package, of which less than 10% has been explored. 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 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\", \"intend\", \"believe\" \"target\", \"budget\", \"may\", \"can\", \"will\", \"would\", \"could\", \"should\", \"seeks\", or \"scheduled to\" and similar words or expressions, or negatives of these terms or other variations of these terms or c...