Hycroft Mining prepays $38 million on Sprott credit facility

Chicago, April 3 – Hycroft Mining Holding Corp. mentioned in an update that it voluntarily prepaid $38 million of its senior secured debt with Sprott Resource Lending in January, according to a press release.

The prepayment covered $34.7 million on the first-lien loan and $3.3 million of additional interest, according to the company’s most recent 10-K filing with the Securities and Exchange Commission.

The gold and silver development company operates in Nevada and has headquarters in Denver.

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