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Prospect News home > News index > List of issuers M > Headlines for Mudrick Capital Acquisition Corp. > News item
Published on 6/1/2020 in the Prospect News Private Placement Daily.

Mudrick uses new $1.1 billion credit facility to buy Hycroft Mining

By Devika Patel

Knoxville, Tenn., June 1 – Mudrick Capital Acquisition Corp. used a new $1.1 billion credit facility with Sprott Private Resource Lending II (Collector), LP to acquire Hycroft Mining Corp., according to a press release.

The company drew down $70 million upon closing the acquisition on May 29.

The blank check company is based in New York.


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