Allied Nevada Gold (n/k/a, Hycroft Mining Corporation)(Formerly TSX: ANV, NYSE MKT: ANV)
Ontario Superior Court of Justice, Court File No.: CV-14-50851300-00CP
THE SETTLEMENT OF THIS ACTION HAS BEEN APPROVED BY THE ONTARIO SUPERIOR COURT OF JUSTICE
READ THIS NOTICE CAREFULLY AS IT MAY AFFECT YOUR RIGHTS.
Notice to all persons, excluding certain persons associated with the Defendants, who acquired common shares of Hycroft Mining Corporation pursuant to the secondary public offering by way of a final short form prospectus dated May 9, 2013, during its distribution period ending May 17, 2013, and continued to hold those common shares on July 22, 2013.
On July 30th, 2021, A settlement in this class action was approved by the court. A copy of the Reasons for Decision and Order approving the settlement may be reviewed below.
The Defendants have agreed to pay or cause to be paid USD $4,375,000 to settle the class action. The settlement is a compromise of disputed claims and is not an admission of liability or wrongdoing by the Defendants. The Settlement Amount, less Class Counsel’s fees and disbursements, administration expenses and taxes, will be distributed to the Class on a pro rata basis in accordance with the Court-approved Plan of Allocation. The Plan of Allocation may be reviewed below.
To be eligible to receive part of the Settlement funds, Class Members must complete a Claim Form by December 4th, 2021.
For more information, please review the Long-Form Notice of Settlement Approval below. Please contact Class Counsel at [email protected] or call (416) 596-1414 if you have any questions.