Hycroft Mining Holding Corporation announced a leadership transition. Randy Buffington, who served as Hycroft Mining Corporation's President since July 2013 and as Chairman since November 5, 2015 following its emergence from bankruptcy proceedings, stepped down from his roles as Chairman and President of the Company as of July 1, 2020, following the successful conclusion of the business combination between Hycroft Mining Corporation and the Company on May 29, 2020. David Kirsch, a director of the Company, was named as the new Chairman of the Board of Directors. Stephen M. Jones, the Company's current Executive Vice President, Chief Financial Officer and Secretary of the Company has been appointed as the interim President effective upon Mr. Buffington's departure. The Board of Directors has engaged Korn Ferry to conduct a comprehensive search for a successor President and Chief Executive Officer, which search will include Mr. Jones as a possible candidate.