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Comstock Terminates Equity Purchase Agreement with New $2.5 Million Investment
LODEComstock(LODE) GlobeNewswire News Room·2024-07-19 10:00

VIRGINIA CITY, Nev., July 19, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") is pleased to announce it has retired its existing Equity Purchase Agreement and entered into a securities purchase agreement with an investor for an 8.0% Convertible Promissory Note due October 31, 2025 (the "Convertible Note"). The Convertible Note was issued with an original aggregate principal amount of $2,717,500 (the "Principal Amount"), purchased by the investor for $2,500,000, reflecting ...