Comstock Retires Existing Equity Purchase Agreement And Enters Securities Purchase Agreement With An Investor For 8.0% Convertible Promissory Note Due October 31, 2025

7/19/24 6:03:10 AM ET

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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.

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Comstock Fuels Executes Commercial Agreement for Fourth Site
VIRGINIA CITY, Nev., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced execution of a binding amendment to an existing agreement between Comstock Fuels Corporation ("Comstock Fuels") and SACL Pte. Limited ("SACL"), a Singapore-based renewable fuel project developer, under which Comstock Fuels agreed to grant SACL an exclusive marketing agreement for Comstock Fuels' advanced lignocellulosic biomass refining processes in Vietnam. The amendment was executed to increase SACL's territory to facilitate the financing, construction, and operation of SACL's first planned site in Vietnam, in addition to three existing sites currently under dev
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Comstock Fuels Amends License with RenFuel
VIRGINIA CITY, Nev., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced the execution by its subsidiary, Comstock Fuels Corporation ("Comstock Fuels"), of an amendment to its exclusive license agreement with RenFuel K2B AB ("RenFuel") for use of RenFuel's patented catalytic esterification process to refine Comstock Fuels' proprietary BioleumTM biointermediates. The amendment expanded the territory from North America, Central America, and South America to include Australia, New Zealand and Vietnam to facilitate ongoing project development by licensees of Comstock Fuels broader lignocellulosic biomass refining process. Johan Löchen,
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Comstock Completes GenMat Transaction
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11/13/24 4:20:53 PM ET
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Comstock Retires Existing Equity Purchase Agreement And Enters Securities Purchase Agreement With An Investor For 8.0% Convertible Promissory Note Due October 31, 2025
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.
7/19/24 6:03:10 AM ET
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Comstock and RenFuel Expand Partnership for European Biorefinery Projects
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
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Comstock Completes GenMat Transaction
VIRGINIA CITY, Nev., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced the acquisition of 100% of the equity of GenMat Licensing LLC ("AICo") in exchange for 100% of the Company's equity in Quantum Generative Materials LLC ("GenMat"). AICo holds a non-exclusive end user right and license ("EULA") to use GenMat's now and hereafter existing artificial intelligence ("AI") for materials science technologies, services and products, as well as all current satellite imaging and other data, analytics, and artificial intelligence and other models relating to Comstock's mining properties in Nevada. AICo also holds a credit against the amounts
11/13/24 4:20:53 PM ET
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Comstock Announces Third Quarter 2024 Results and Corporate Updates
VIRGINIA CITY, Nev., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock," "our," and the "Company") today announced its third 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. "Our fuels and metals businesses have commercial validation of their plans," stated Corrado De Gasperis, Comstock's Executive Chairman and Chief Executive Officer. "Our business teams are dedicated, and our commercialization efforts have gained tremendous traction. We are 100% focused on execution, across the platform, for delivering the technical breakthroughs
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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
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Comstock Retires Existing Equity Purchase Agreement And Enters Securities Purchase Agreement With An Investor For 8.0% Convertible Promissory Note Due October 31, 2025

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Comstock Fuels Executes Commercial Agreement for Fourth Site

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$LODE Large Ownership Changes

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SEC Form SC 13D/A filed by Comstock Inc. (Amendment)

SEC Form SC 13G filed by Comstock Mining Inc.

SEC Form SC 13D filed by Comstock Mining, Inc.

$LODE Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Drozdoff Leo M bought $29,200 worth of shares (200,000 units at $0.15), increasing direct ownership by 50% to 600,000 units (SEC Form 4)

Bobbili Rahul bought $6,350 worth of shares (25,000 units at $0.25), increasing direct ownership by 2% to 1,100,000 units (SEC Form 4)

Bobbili Rahul bought $7,258 worth of shares (25,000 units at $0.29), increasing direct ownership by 2% to 1,075,000 units (SEC Form 4)

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Comstock Retires Existing Equity Purchase Agreement And Enters Securities Purchase Agreement With An Investor For 8.0% Convertible Promissory Note Due October 31, 2025

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$LODE SEC Filings

Comstock Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

Comstock Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

Comstock Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Financial Statements and Exhibits

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$LODE Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Drozdoff Leo M bought $29,200 worth of shares (200,000 units at $0.15), increasing direct ownership by 50% to 600,000 units (SEC Form 4)

Bobbili Rahul bought $6,350 worth of shares (25,000 units at $0.25), increasing direct ownership by 2% to 1,100,000 units (SEC Form 4)

Bobbili Rahul bought $7,258 worth of shares (25,000 units at $0.29), increasing direct ownership by 2% to 1,075,000 units (SEC Form 4)

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