VIRGINIA CITY, Nev., April 11, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced the board of directors of Comstock Inc. nominated and appointed Dr. Güez Salinas, as a new independent director to the Company's Board of Directors and appointed Mr. Walter "Del" Marting as the Chairman of the Company's Audit and Finance Committee. The Company also announced the resignation of Mr. Judd Merrill as a director of the company, all effective as of April 5, 2023. Dr. Salinas has over 30 years of professional experience in the areas of engineering, strategy, finance, corporate management, and business development, with a primary focus on cyber-security
VIRGINIA CITY, Nev., March 02, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" or the "Company") today announced the appointment of Dr. Fortunato Villamagna as the President of Comstock Metals Corporation, the entity that owns LINICO Corporation, the Company's Li-Ion battery metals recycling business. Mr. Corrado De Gasperis, Executive Chairman and CEO, said, "We are honored to welcome Dr. Villamagna to our battery metals team. His proven knowledge and experience in technology development, battery chemistries, and successful commercialization of similar businesses add breadth and experience to our leadership team." Dr. Villamagna has worked in renewable energy, energy reco
VIRGINIA CITY, Nev., April 12, 2022 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced the appointment of Leonardo Riera, as president of LINICO Corporation, its electrification products subsidiary, located in the Tahoe Reno Industrial Center, Nevada. Mr. Riera is an experienced chief executive, with global experience in the renewable energy, manufacturing, mergers and acquisition, capital markets and financial services industries. Mr. Riera spent a decade as the Executive Director and Country Head for Bankers Trust Company in Venezuela, overseeing all of their investment banking and broker-dealer operations. Mr. Riera was the founder
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VIRGINIA CITY, Nev., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") and its subsidiary, Comstock Metals Corporation ("Comstock Metals"), a technology leader in efficiently recycling end-of-life solar panels into reusable aluminum, copper, silver, glass and other minerals, that delivers a 100% closed-loop, zero-landfill solution, today announced over $150,000 in new revenues from one new commercial customer that has engaged Comstock Metals for the decommissioning and disposal of their solar panels. Comstock Metals strives to recycle materials efficiently and effectively at industrial scales, such that these materials are carefully recovered in a
VIRGINIA CITY, Nev., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") and its subsidiary, Comstock Metals Corporation ("Comstock Metals"), a technology leader in efficiently recycling end-of-life solar panels into reusable aluminum, copper, silver, glass and other minerals, that delivers a 100% closed-loop, zero-landfill solution, today announced additional revenues from two commercial companies that have engaged Comstock Metals for the decommissioning and disposal of end-of-life solar panels. Comstock Metals strives to efficiently and effectively recycle materials at industrial scales, such that these materials are carefully recovered in a manne
VIRGINIA CITY, Nev., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") and its subsidiary, Comstock Metals Corporation ("Comstock Metals"), a technology leader in efficiently recycling end-of-life solar panels into reusable aluminum, copper, silver, glass and other minerals, that delivers a 100% closed-loop, zero-landfill solution, today announced its first shipments and revenues from the sale of over 3,000 pounds of recycled, reusable aluminum, commencing regularly scheduled shipments. We expect aluminum recovery of about 10 to 15 percent of the solar panel input weight. This initial sale exceeded our expectation of secondary recovery, achieving mo
VIRGINIA CITY, Nev., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock," "our," and the "Company"), today announced its second quarter 2024 results, certain business and investment updates and an updated business outlook, with significant progress from each business, corporate and collectively across the system. "While I have personally dedicated the substantial majority of my capacity over the past several months on successfully advancing strategic transactions, our equally dedicated teams have been executing on their respective business plans without interruption," stated Corrado De Gasperis, Comstock's Executive Chairman and Chief Executive Officer. "Ou
VIRGINIA CITY, Nev., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) a leader in hard technology developments enabling clean energy, today announced the execution of an indicative term sheet for $325 million (about $315 million net of transaction fees) in funding through SBC Commerce LLC ("SBCC"), a U.S. based, globally positioned, private equity group. The transaction is subject to final due diligence and applicable regulatory approvals. This significant series of milestones, representing a combination of direct investments and certain asset sales, recognizes significant valuations, nearly $500 million, for the Company's three businesses and secures timely and essential gro
VIRGINIA CITY, Nev., April 30, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock," "our," and the "Company"), today announced its first quarter 2024 results, business updates and an updated 2024 business outlook. "We are pushing the boundaries of technology and sustainability, especially in metals, fuels, and artificial intelligence, by leveraging our technical bench, our diverse and growing technology portfolio, and our frontier research and development partner networks that are now delivering tangible solutions that impact industries, economies, and communities," stated Corrado De Gasperis, the Company's Executive Chairman and Chief Executive Officer. "Metals is a great exam
The Convertible Note was issued with an original aggregate principal amount of $2.717 million, purchased by the investor for $2.50 million, reflecting an 8% original issue discount. A portion of the proceeds will be used to redeem $500,000 of existing convertible debt, reducing the Company's outstanding obligations.
Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced advances on amended agreements with RenFuel K2B AB ("RenFuel") involving the development of RenFuel's pre-existing, planned biorefinery project at a pulp and paper mill in Sweden. The amendments also anticipate expanding the scope of the Comstock partnership with RenFuel in the European markets. These amendments support the liquidation of RenFuel K2B Lignolproduktion AB, a majority owned RenFuel subsidiary originally formed to administer RenFuel's previously planned Swedish biorefinery as part of a joint venture with Preem (the "RenFuel-Preem JV" or the "JV"), thereby better positioning both parties for construction an
Gainers Tetra Technologies (NYSE:TTI) stock rose 4.9% to $3.63 during Tuesday's after-market session. The market value of their outstanding shares is at $476.0 million. TXO Partners (NYSE:TXO) shares increased by 4.84% to $21.02. The company's market cap stands at $650.3 million. Comstock (AMEX:LODE) stock rose 4.53% to $0.23. The market value of their outstanding shares is at $32.4 million. Enservco (AMEX:ENSV) stock moved upwards by 3.94% to $0.26. The company's market cap stands at $7.0 million. Enviva (NYSE:EVA) stock rose 3.31% to $0.58. The company's market cap stands at $43.1 million. FutureFuel (NYSE:FF) shares rose 2.06% to $4.45. The market value of their outstanding shares i