AMC spent $27.9 million in cash for the deal and received roughly 23.4 million shares in the company.
Now, two weeks following the deal, AMC’s Hycroft mining company has raised a total of $195 million.
One of the world’s leading gold and silver investors, Eric Sprott has taken a large stake in Hycroft. Together, AMC and Sprott invested $56 million in Hycroft.
On Friday, …
Original Article: benzinga.com