Hycroft Announces Debt Reduction

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Nov 29 (Reuters) - Hycroft Mining Holding Corporation :

* HYCROFT ANNOUNCES DEBT REDUCTION

* REDUCED ITS OUTSTANDING DEBT BY APPROXIMATELY $12.2 MILLION IN TWO TRANSACTIONS

* PURCHASED TOTAL OF $12.2 MILLION OF DEBT IN EXCHANGE FOR CASH CONSIDERATION OF $6.7 MILLION PLUS 500,000 SHARES OF CO'S COMMON STOCK

* EXPLORATION PROGRAM IS PROGRESSING ON SCHEDULE AND ADDITIONAL ASSAY RESULTS ARE EXPECTED TO BE RELEASED PRIOR TO YEAR END Source text for Eikon: Further company coverage:



 


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