10:08 AM EDT, 10/09/2025 (MT Newswires) -- Hycroft Mining ( HYMC ) said Thursday it has priced an upsized underwritten public offering of about 23.1 million shares of Class A common stock at $6.50 per share to raise about $150 million in gross proceeds.

Underwriters will be given a 30-day option to buy up to an additional 3.3 million shares, the company said.

The offering is expected to close on Oct. 14, Hycroft Mining ( HYMC ) said.

Hycroft Mining ( HYMC ) said it plans to use net proceeds to expand exploration and drilling programs, and for general corporate and working capital purposes.

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