Statement of Changes in Beneficial Ownership (4)
June 27 2022 - 07:43PM
Edgar (US Regulatory)
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FORM 4
[X] Check this box if no longer subject to
Section 16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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| 1. Name
and Address of Reporting Person * Sprott Eric |
2. Issuer Name and Ticker or Trading
Symbol HYCROFT MINING HOLDING CORP [ HYMC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director __X__
10% Owner
_____ Officer (give title
below) _____ Other
(specify below)
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|
(Last)
(First)
(Middle)
200 BAY STREET, SUITE 2600,, ROYAL BANK PLAZA, SOUTH
TOWER |
3. Date of Earliest Transaction (MM/DD/YYYY)
6/24/2022
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(Street)
TORONTO, A6 M5J 2J1
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) ___
Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting
Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
|
Code |
V |
Amount |
(A) or (D) |
Price |
|
Class A common stock |
6/24/2022 |
|
S |
|
5000000 |
D |
$1.275 |
18408240 |
I |
By 2176423 Ontario Ltd. (1) |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
|
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
| Explanation of
Responses: |
| (1) |
These securities are owned
directly by 2176423 Ontario Ltd. Eric Sprott controls 2176423
Ontario Ltd. and has the power to direct the voting and disposition
of Class A common stock held by the entity through his ownership
interests in 2176423 Ontario Ltd. All of the Reporting Persons are
a "group" for purposes of Section 13(d) of the Exchange Act.
2176423 Ontario Ltd. also holds warrants to acquire 23,408,240
shares of Class A common stock, but the terms and conditions of the
warrants preclude 2176423 Ontario Ltd. from exercising the warrant
to the extent that such exercise would cause 2176423 Ontario Ltd.
(together with its affiliates) to beneficially own in excess of
9.8% of the shares of Class A common stock of Hycroft Mining
Holding Corporation immediately after such exercise. As a result of
the transactions reported by this Form 4, warrants to acquire
911,760 shares of Class A common stock became exercisable and such
shares may be deemed to be beneficially owned by the Reporting
Persons. |
Reporting
Owners
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|
Reporting Owner Name / Address |
Relationships
|
|
Director |
10% Owner |
Officer |
Other |
Sprott Eric
200 BAY STREET, SUITE 2600,
ROYAL BANK PLAZA, SOUTH TOWER
TORONTO, A6 M5J 2J1 |
|
X |
|
|
2176423 Ontario Ltd.
200 BAY STREET, SUITE 2600,
ROYAL BANK PLAZA, SOUTH TOWER
TORONTO,, A6 M5J 2J1 |
|
X |
|
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Signatures
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|
/s/ Eric Sprott |
|
6/27/2022 |
| **Signature of
Reporting Person |
Date |
|
/s/ Eric Sprott |
|
6/27/2022 |
| **Signature of
Reporting Person |
Date |
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Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
| * |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
| ** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
|
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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