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Comstock Expanding Partnership with RenFuel
GlobeNewswire News Room· 2024-06-10 10:00
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 and operation of a larger scale commercial facility based on the joint Comstock-RenFuel technologies throughout Europe, following construction of Comstock's first planned facilities in ...
Comstock(LODE) - 2024 Q1 - Quarterly Results
2024-04-30 20:20
Exhibit 99.1 COMSTOCK ANNOUNCES FIRST QUARTER 2024 RESULTS AND CORPORATE UPDATES Commissions First Metal Recycling Facility, Receives Initial Revenues Demonstrating Strong Demand VIRGINIA CITY, NEVADA, APRIL 30, 2024 – 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, ...
Comstock(LODE) - 2024 Q1 - Earnings Call Presentation
2024-04-30 16:00
© 2024 Comstock Inc. | NYSE American: LODE At our 2022 annual meeting, we announced technical progress in lithium battery recycling and showcased our working pilot system © 2024 Comstock Inc. | NYSE American: LODE2 Comstock Metals Outlook Comstock Inc. (NYSE: LODE) 1Q24 Earnings Call In late 2022, metal commodity prices driving Cobalt 90000 80000 70000 60000 source: tradingeconomics.com 3 Proven process to recycle laminated systems battery recycling financial models collapsed Nickel 50000 45000 40000 35000 ...
Comstock Inc. (LODE) Reports Q1 Loss, Lags Revenue Estimates
Zacks Investment Research· 2024-04-30 12:10
Comstock Inc. (LODE) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.03, delivering a surprise of 25%.Over the last four quarters, the company has surpassed conse ...
Comstock(LODE) - 2024 Q1 - Quarterly Report
2024-04-29 20:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q _______________________________________________________________________ ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO ______. COMMISSION FILE ...
Comstock's Physics-Based AI Investment Emerges From Stealth
Newsfilter· 2024-04-29 10:00
VIRGINIA CITY, Nev., April 29, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced the realization of a series of key milestones by Comstock's strategic investee, Quantum Generative Materials LLC ("GenMat"), including commencement of early adopter sales, qualifying GenMat for significant additional financing at increased valuations that capitalizes on broadly increased investment interest in developers of generative artificial intelligence technologies. Comstock ...
Comstock Metals Welcomes U.S. Senator Catherine Cortez Masto
Newsfilter· 2024-04-26 10:00
VIRGINIA CITY, Nev., April 26, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock") today announced Senator Catherine Cortez Masto (D-NV) toured Comstock Metals' first solar panel recycling facility in Silver Springs, Nevada to highlight the state's growing clean energy economy and strong job growth in the region. "We are very appreciative of Senator Cortez Masto's support and thank her for visiting Comstock's first-of-kind solar panel recycling facility in Silver Springs," said Corrado De Gasper ...
Comstock Metals Completes Commissioning of First Facility
Newsfilter· 2024-04-25 10:00
VIRGINIA CITY, Nev., April 25, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced that Comstock Metals completed the critical commissioning stages of its demonstration-scale production facility in Silver Springs, Nevada, closing the loop and recycling substantially all the waste materials. Comstock Metals serves utilities, operations and maintenance groups, solar engineers, consultants, contractors, and municipalities across the contiguous U.S., with emphasis i ...
Comstock Extends Existing Promissory Notes Through April 2026
Newsfilter· 2024-04-24 20:15
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-te ...
Comstock Completes RenFuel Investment
Newsfilter· 2024-04-24 10:00
VIRGINIA CITY, Nev., April 24, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced the execution of agreements with RenFuel K2B AB ("RenFuel") wherein Comstock is investing up to $3,000,000 over three years to support commercialization of joint development applications for RenFuel and Comstock complementary renewable fuel technologies, and the continued development of the 100,000 metric ton per year ("TPY") biorefinery joint venture project in Sweden. The applic ...