Struggling Nevada precious metals company lands cash infusion from AMC and mining financier Eric Sprott

The combined AMC and Sprott stake is worth US$56-million, or more than half of what the company was worth before the investment was made public.

AMC is no longer the top stock holding of Gen Z investors. Plus, the bull case for Cameco and surging energy stocks “One would not normally think that a movie theatre company’s core competency includes gold or silver mining,” Adam Aron, chairman and chief executive officer of AMC, said in a release. At the moment, Hycroft is refining small amounts of gold and silver on-site. That process is high in cost and money-losing. In the company’s most recently disclosed quarter, it lost US$41-million. At the end of last year, Hycroft was holding US$12.3-million in cash versus US$159-million in debt.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Loblaw Companies buying Lifemark Health Group for $845 million in cashLoblaw Companies Ltd. says it has signed a deal to buy Lifemark Health Group for $845 million in cash. You'll see a lot more of this as Ontario tries to privatize healthcare. This is what's on the ballot in June. Vote wisely. And they will be well placed to start charging thousands of people for LongCovid rehab since our health care system will not be able to handle the burden. And apples are $1.50+ per unit.
La source: CP24 - 🏆 30. / 67 Lire la suite »

Loblaw Companies buying Lifemark Health Group for $845 million in cashLoblaw Companies Ltd. announced a deal Monday to buy Lifemark Health Group for $845 million in cash.
La source: CTVNews - 🏆 1. / 99 Lire la suite »