AMC Entertainment Holdings, Inc. Transfers the Majority of its Equity Investment in Hycroft Mining Holding Corporation to Sprott Mining for a Net Consideration of $24.1 million

AMC converted the majority of its Hycroft investment into cash, receiving an amount approximately equal to the original capital invested in the transferred securities. AMC retains both an equity investment and warrants for more than one million shares to participate in the ongoing success of Hycroft. The transaction re-allocates capital towards attractive opportunities in AMC’s […]