Secures First $1 Million Incentive from Oklahoma’s Quick Action Closing FundOKLAHOMA CITY, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) today announced that its subsidiary, Comstock Fuels Corporation (the “Company”), a leader in advanced lignocellulosic biomass refining solutions, has established its corporate headquarters in Oklahoma City, Oklahoma. The completion of this strategic milestone triggers the first of three $1 million awards from the Oklahoma Department of Commerce's Qu ...

Combines Pioneering Bioleum Refining Process with High Yield Energy Crops to Create Perpetual “Drop-In Permian Basins” with the Capacity for Domestic Energy DominanceOKLAHOMA CITY, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) today announced that its subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), a leader in advanced lignocellulosic technologies, has executed an agreement with Hexas Biomass Inc. (“Hexas”), securing exclusive rights to Hexas’ intellectual properties in li ...

Core Viewpoint - Comstock Inc. is undergoing a strategic transformation into an innovator and integrator of commercially ready technologies aimed at enabling energy independence and dominance, with significant support from shareholders [1][2]. Group 1: Business Transformation and Technology Development - Since 2021, Comstock has invested in technologies and supply chains that position the company to lead in energy solutions, with a focus on sustainable and low-carbon fuel solutions [2][3]. - Comstock Fuels is deploying proprietary low-carbon fuel solutions, while Comstock Metals is focused on sustainable metal recycling, producing critical materials for renewable energy supply chains [3][4]. - The company has established a platform for growth by investing in new ideas and technologies, creating a foundation for significant shareholder opportunities [4][5]. Group 2: Operational Achievements and Market Position - Comstock Metals has ramped up operations and gained world-class customers, while Comstock Fuels has signed five international agreements, yielding up to 140 gallons of fuel per dry metric ton of feedstock [6][7]. - The company has demonstrated readiness to key industry partners across various jurisdictions, expanding relationships with suppliers, landowners, and potential capital partners [7][12]. Group 3: Future Growth Objectives - Comstock aims to establish three commercial facilities for renewable metals and multiple facilities for renewable fuels by 2029, starting in Nevada and Oklahoma [8][10]. - The company is engaged with strategic and financial partners for equity and debt financing to support profitable growth and enhance shareholder value [10][11]. Group 4: Capital Structure and Shareholder Engagement - A special meeting is scheduled for February 14, 2025, to vote on increasing authorized shares, which may include a reverse stock split to attract necessary capital resources [13][15]. - The company is evaluating transformative transactions, including a potential spin-off of Comstock Fuels Corp., to create two high-growth public companies [14][15].

I analyze oil and gas companies like Comstock Resources and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first, and they get analysis on some companies that is not published on the free site. Interested? Sign ...

VIRGINIA CITY, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced the execution of a binding agreement between Comstock Fuels Corporation ("Comstock Fuels") and Gresham's Eastern (Pvt) Ltd ("Gresham's"), a leading sustainable energy engineering, equipment and construction company based in Pakistan, under which Comstock Fuels agreed to grant Gresham's exclusive project and site development rights in Pakistan to enable Gresham's to deploy Comstock ...

VIRGINIA CITY, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the execution of a binding agreement between Comstock Fuels Corporation (“Comstock Fuels”) and Gresham’s Eastern (Pvt) Ltd (“Gresham’s”), a leading sustainable energy engineering, equipment and construction company based in Pakistan, under which Comstock Fuels agreed to grant Gresham’s exclusive project and site development rights in Pakistan to enable Gresham’s to deploy Comstock ...

VIRGINIA CITY, Nev., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") announced today that its wholly-owned subsidiary, Comstock IP Holdings LLC, has executed a Technology Cooperation Agreement ("TCA") with Oklahoma-based Emerging Fuels Technology, Inc. ("EFT"). Under this agreement, Comstock and EFT will enter into a Master License Agreement, supported by ongoing EFT technical development, to integrate EFT's gas-to-liquids process ("GTL" and "EFT Process") into Com ...

VIRGINIA CITY, Nev., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced it has executed a Membership Interest Purchase Agreement (the "MIPA") to sell 100% of the northernmost patented and unpatented mining claims, mineral exploration rights and town lots (the "Northern Targets") currently owned by Comstock's wholly-owned subsidiary Comstock Northern Exploration, LLC., plus all of the 25% issued and outstanding membership interest that Comstock owns in ...

VIRGINIA CITY, Nev., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" or the "Company") today announced that Comstock Fuels Corporation, ("Comstock Fuels"), an industry leader in extremely high yielding advanced lignocellulosic biomass refining solutions, including sustainable aviation fuel ("SAF"), renewable diesel, and other fuels, has been approved for a $3,000,000 incentive award from the Oklahoma Department of Commerce's Quick Action Closing Fund. Under the terms of the agreement ...

Core Insights - The article promotes a free two-week trial for the investment group Distressed Value Investing, which provides exclusive research on various companies and investment opportunities [1] - The group focuses on value opportunities and distressed plays, particularly in the energy sector, led by analyst Aaron Chow, who has over 15 years of analytical experience [2] Group 1 - Distressed Value Investing offers access to a portfolio of historic research, including over 1,000 reports on more than 100 companies [1] - Aaron Chow, a top-rated analyst, co-founded a mobile gaming company that was acquired by PENN Entertainment and has experience in designing economic models for mobile apps with over 30 million installs [2] - The investment group emphasizes both value opportunities and distressed investments, with a significant focus on the energy sector [2]