Comstock Inc.
LODEComstock Inc. (LODE) is a mining company focused on the exploration, development, and production of gold and other mineral resources. The company primarily operates in Nevada, where it manages various mining projects and prospects. Comstock has a history rooted in gold mining and aims to expand its resource base through exploration and sustainable mining practices.
Company News
Comstock Inc. (NYSE: LODE) completed the sale of its 1.5% net smelter returns (NSR) royalty to Mackay Precious Metals Inc. for $1.1 million in cash. Combined with previous lease payments and property sales, Comstock has realized nearly $8 million in total consideration from transactions with Mackay, plus an additional 240 acres of mineral propert...
Bioleum Corporation acquired Hexas Biomass Inc. for approximately $6.5 million, gaining proprietary technologies for high-yield purpose-grown energy crops that can produce over 100 barrels of biofuel per acre annually.
Bioleum Corporation acquired RenFuel's intellectual property portfolio for $18.1 million, including patents for a catalytic esterification process to refine biointermediates, with potential for global technology commercialization in renewable fuels.
Comstock Inc. has acquired the Haywood quarry industrial and mineral properties in Lyon County, Nevada for $2.2 million in cash and stock. The 190-acre property is strategically located near the company's existing mineral properties and could support future mining operations.
Comstock Inc. has priced a public offering of 13,333,334 shares at $2.25 per share, expecting to raise approximately $30 million to fund its solar panel recycling facility commercialization and eliminate outstanding debt.
