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Hycroft Mining Warrant Holders Take On Equitably Moot

|Includes: Barrick Gold Corporation (ABX), GDX, GDXJ, HYCT

Summary

In Consolidated Appeals an Ad Hoc Group of Hycroft Mining Corp Warrant Holders Challenge Equitably Moot

Former Shareholders of Allied Nevada Gold Corp Argue the Doctrine of Equitable Mootness is in Conflict with Recent Supreme Court holdings

The Ad Hoc Group also Contends even if Equitable Mootness remains valid the Doctrine is not Applicable to their Appeals

In consolidated appeals to the United States Court of Appeals for the Third Circuit, an Ad Hoc Committee of holders of now cancelled stock in Allied Nevada Gold Corp (NYSE "ANV")(now operating as Hycroft Mining Corp (OTC: "HYCT"; HYCTW") argue the doctrine of equitable mootness is no longer valid under recent Supreme Court holdings. Additionally the Ad Hoc group contends even if equitable mootness remains valid the doctrine is not applicable to their appeals. 

Disclosure: I am/we are long HYCT.