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Stock impact report

Comstock Extends Existing Promissory Notes Through April 2026

Comstock Inc. (LODE) 
Company Research Source: GlobeNewswire
VIRGINIA CITY, Nev., April 24, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” or the “Company”) announced today that earlier this week, the Company, Alvin Fund, and GHF Inc. amended their promissory notes and extended the maturities for all three existing promissory notes until April 15, 2026. “GHF and Alvin have been dedicated and reliable stakeholders with a productive working relationship that spans almost a decade. We appreciate having the access and flexibility from this type of long-term capital, especially as we are capitalizing on our first-mover advantage in solar panel recycling, commercializing fuels and expanding the technology readiness and partnerships that grow our leads,” stated Corrado De Gasperis, Comstock’s Executive Chairman and CEO. Comstock Metals is commercial now and is currently deploying its first commercial demonstration facility in Silver Springs, NV, while it begins preliminary design and engineering for its next 2-3 industry scale fac Show less Read more
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