AMC movie theatres has announced the purchase of $27.9m (£21.3m) in shares in a gold and silver mining company, Hycroft Mining Holding Corp.
In an announcement on Tuesday, AMC chairman and chief executive officer Adam Aron said his investment totals $56m (£42.9m) as part of an agreement along with Canadian fund manager Eric Sprott, a well known investor in gold and silver, who will also buy $27.9m or 22 per cent of shares in Hycroft.
