07:43 AM EDT, 10/09/2025 (MT Newswires) -- Hycroft Mining ( HYMC ) said Thursday it is launching a public underwritten offering of its Class A common stock for gross proceeds of about $100 million.

Net proceeds will be used to expand and expedite exploration and drilling programs, and for general corporate and working capital purposes, the company said.

Hycroft Mining ( HYMC ) also said it will allow the underwriters a 30-day option to buy up to an additional 15% of the base offering.