Comstock Inc (LODE) Quote

Comstock to Host 1Q24 Earnings Call on April 30, 2024
April 19 2024 - 4:41PM


Comstock Inc. (NYSE: LODE) (“Comstock” or the “Company”) is pleased to announce that its Executive Chairman, Director & CEO, Corrado De Gasperis, and its COO, William McCarthy, will be presenting an overview of the Company’s 1Q24 financial results, upcoming milestones, and how the Comstock’s systemic platform is optimizing results on Tuesday, April 30, 2024, via a webinar.
Investors and all other interested parties are invited to register below.

Date: April 30, 2024
Time: 8:00 am ET / 5:00am PT
Register: Webinar Registration

HAVE QUESTIONS? There will be an allotted time following the results presentation for a Q&A session. Unaddressed questions will be reviewed by management and responded to accordingly. You may submit your question(s) beforehand in the registration form linked above.

About Comstock Inc.

Comstock Inc. (NYSE: LODE) commercializes innovative technologies that contribute to global decarbonization by efficiently converting under-utilized natural resources, primarily, woody biomass into net zero renewable fuels, end-of-life metal extraction, and generative AI-enabled advanced materials synthesis and mineral discovery. To learn more, please visit www.comstock.inc.

Comstock Inc. Social Media Policy

Comstock Inc. has used and intends to continue using its investor relations website (https://comstock.inc/investors/) in addition to its Twitter, LinkedIn and YouTube accounts at https://twitter.com/comstockinc(@ComstockInc), https://www.linkedin.com/company/comstock/, and https://www.youtube.com/@comstockinc respectively, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

CONTACTS:

For investor inquiries:
RB Milestone Group LLC
Tel (203) 487-2759
ir@comstockinc.com

For media inquiries or questions:
Comstock Inc., Zach Spencer
Tel (775) 847-7532
questions@comstockinc.com

https://www.businesswire.com/news/home/20240411019823/en/Green-Li-ion-Launches-North-America%E2%80%99s-First-Commercial-Scale-Plant-to-Produce-Recycled-Lithium-Ion-Engineered-Battery-Materials

Comstock is a seed investor in Green Li-ion who just Launched North Americas First Commercial-Scale Plant to Produce Recycled Lithium-Ion Engineered Battery Materials. 🔥💪 #Innovation #Leadership $LODE

businesswire.com/news/home/2024…’s-First-Commercial-Scale-Plant-to-Produce-Recycled-Lithium-Ion-Engineered-Battery-Materials

Comstock is a seed investor in Green Li-ion who just Launched North Americas First Commercial-Scale Plant to Produce Recycled Lithium-Ion Engineered Battery Materials. 🔥💪 #Innovation #Leadership $LODE…— Corrado DeGasperis (@CDe_Gasperis) April 13, 2024

PROSPECTUS SUPPLEMENT
(To Prospectus dated March 28, 2022)

Up to $5,000,000


Common Stock



We have entered into an equity purchase agreement dated March 25, 2024, with ClearThink Capital Partners LLC, or the Investor, relating to shares of our common stock offered by this prospectus supplement and the accompanying prospectus. In accordance with the terms of such agreement, we may offer and sell shares of our common stock with a maximum offering size, in the aggregate, of up to $5,000,000 to the Investor.

Our common stock is listed on the NYSE American under the symbol “LODE.” The last reported sale price of our common stock on the NYSE American on March 25, 2024 was $0.34 per share.

Sales of our common stock, if any, under this prospectus supplement and the accompanying prospectus may be made in sales deemed to be “at-the-market” equity offerings as defined in Rule 415 promulgated under the Securities Act of 1933, as amended, or the Securities Act, at a discount of 10.0% to the lowest intra-day reported sales price of the common stock on the date that the Investor receives a capital call from the Company.

We estimate that the total gross proceeds from this offering will be approximately $5,000,000. We estimate the total expenses of this offering, excluding the discount to the Investor, will be $15,000. In consideration of the Investor’s agreement to enter the equity purchase agreement, we agreed to deliver 250,000 restricted shares of our common stock with value of $85,000 the Investor, for no additional consideration, on the first settlement date with respect to a put notice delivered by the Company. We also agreed to provide “most favored nation” status to the Investor with respect to other equity offerings conducted within five trading days of a sale under the equity purchase agreement. The Investor may be deemed to be an “underwriter” within the meaning of the Securities Act and the compensation and discounts received by the Investor will be deemed to be underwriting commissions or discounts. We have also agreed to provide indemnification and contribution with respect to certain liabilities, including liabilities under the Securities Act.

Complete filing: https://www.sec.gov/Archives/edgar/data/1120970/000143774924009447/lode20240325_424b5.htm

Item 8.01 Other Events.

On March 25, 2024, Comstock Inc. (the “Company”) entered into an equity purchase agreement (the “Purchase Agreement”) with ClearThink Capital Partners LLC (“ClearThink”) for the offering from time to time of the Company's common shares with a maximum offering size, in the aggregate, of up to $5,000,000 to ClearThink.

Sales of common stock, if any, under the Purchase Agreement are made at a 10% discount lowest intra-day reported sales price of the common stock on the date that ClearThink receives a capital call from the Company. In consideration of ClearThink's agreement to enter the Purchase Agreement, the Company agreed to deliver 250,000 additional shares of common stock to ClearThink, for no additional consideration.

Complete filing: https://www.sec.gov/Archives/edgar/data/1120970/000112097024000021/lode-20240325.htm

We’re here in DC for #ABLC2024 and invite you to stop by our booth or connect with our business development team onsite in the Maryland Room.

It’s all about the feedstock…#biolem | #partnerships | #lowcarbonbiofuels https://t.co/zX4AFmaSB7— Comstock Fuels (@comstockfuels) March 13, 2024

David's talk time on the 14th has been updated by ABLC to 11:20 am on Thursday March 14th. #Bioleum https://t.co/zEykVcMqvw— Comstock Fuels (@comstockfuels) March 6, 2024

@dwinsness David Winsness has been selected a 2nd year running as a recipient of the Biofuels Digest 2024 Bioeconomy 500 Leadership Award. Congratulations, David! We look forward to seeing everyone next week in D.C. at #ABLC2024.#Bioleum #100GGE #AdvancedBiofuels #WoodyBiomass pic.twitter.com/PqQa7npmHO— Comstock Fuels (@comstockfuels) March 6, 2024

amazing company has so much going on and gold record highs yet stock is so down. use to be when gold went up this stock went up. now they got to watch out for 30 cents. they must stay above it. 6

50000 AND 38000 SHARE BUY. CO READY TO BLAST OFF $$$$$$$$$$$$$$$$$

ya culd be right as history in GERS proves what gravty n rocks canna do.
thow, much to me surprise, GERS is still trading.

Nice to read about the Swedish company doing a deal with LODE though, And this is one stock that I support those brave enough to short. It appears someone takes a short position on positive news and then covers when the glow wears thin.

2024 will be interesting for the world as the continuing battle between common sense and fantasy continues. LODE for me at this moment, makes sense.

All this stock swapping between paper companies, etc. smacks of KK fraud.

Nice news today about LODE retiring some common stock. Maybe 2024 will be a better year?

Comstock Inc. on Dec. 28 announced execution of agreements with RenFuel K2B AB to advance its first commercial biorefinery, which is planned for development in Sweden and will produce a biointermediate used to make SAF and renewable diesel.#biofuel https://t.co/otJb3q8Ako pic.twitter.com/MqoUy4guOY— Biodiesel Magazine (@BiodieselMag) January 3, 2024

https://biodieselmagazine.com//articles/comstock-executes-commercial-biorefinery-agreement-with-renfuel

1.5BUYS VS SELLS $$$$$$$$$$$$$$$$$

GREAT NEWS OUT

Comstock Executes First Biorefinery Commercial Agreement
December 28 2023 - 06:00AM

Alert
Print

Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced execution of agreements with RenFuel K2B AB (“RenFuel”) to advance Comstock’s first commercial biorefinery, including an option to acquire a subsidiary of RenFuel (“JV”). The JV has previously completed extensive preliminary engineering for a new biorefinery using RenFuel’s patented catalytic esterification process to refine lignin from byproducts of paper production into a biointermediate for refining into sustainable aviation fuel (“SAF”) and renewable diesel in Europe. Comstock also committed to a strategic $3,000,000 investment in RenFuel payable over the next three years for the continued development and commercialization of advanced applications of RenFuel’s and Comstock’s complimentary technologies.
First Bioleum Hub

The existing engineering work for the JV biorefinery involves integration of the RenFuel process into a pulp and paper mill in Sweden. Comstock and RenFuel are currently evaluating the requirements for inclusion of an additional 25,000 TPY of biorefining capacity based on Comstock’s commercially available Cellulosic Ethanol and Bioleum derived fuels technologies.

RenFuel granted Comstock the right to acquire a majority stake in the JV as part of the consideration paid under Comstock’s investment, subject to preexisting and customary JV shareholder approvals. Importantly, RenFuel and the JV have previously entered into agreements with a strategic investor with significant renewable fuel refining assets in Europe that has committed to provide the JV with an offtake agreement for the biorefinery if certain thresholds are met. That investor owns a minority share of the JV with standard consent and other shareholder rights. The investor also recently announced its intention to make substantial additional investments in increased renewable fuel capacity at some of its existing refineries, in part to service the rapidly increasing global demand for SAF.

“RenFuel’s extensive work with this JV biorefinery site fits perfectly into our commercialization plans,” said Corrado De Gasperis, Comstock’s executive chairman and chief executive officer. “It allows both Comstock and RenFuel to capitalize on the existing TRL 7 scale-up work and accelerate construction of an initial small-scale facility based on Comstock’s technologies with embedded strategic feedstock and offtake stakeholders. The resulting integrated site would mark the first of our Bioleum Hubs, while providing a beachhead in the rapidly expanding European renewable fuels market. We are very excited to integrate this project into our portfolio and we look forward to working with RenFuel and its feedstock and offtake partners.”

Strategic Investment in RenFuel

In addition to advancing Comstock’s first commercial Bioleum Hub, Comstock agreed to provide RenFuel with a $3,000,000 senior secured convertible debt investment to provide additional funds to commercialize its breakthrough catalytic esterification technology, including development of advanced joint applications of RenFuel’s and Comstock’s complimentary technologies.

Comstock’s proprietary technologies are proven to convert lignocellulosic biomass into Cellulosic Ethanol and proprietary Bioleum biointermediate blends at extraordinary yields exceeding 100 gallons per dry tonne of biomass on a gasoline gallon equivalent basis (“GGE”), and market-leading, extremely low carbon intensity (“CI”) scores of 15. Comstock is already using RenFuel’s catalytic esterification technology to refine its proprietary Bioleum derivatives into Hydrodeoxygenated Bioleum Oil (“HBO”), for use by advanced biofuel refineries in blending with, diversifying, and extending conventional hydroprocessed fat, oil, and grease feedstocks that can simultaneously produce SAF and Renewable Diesel Fuel. Comstock holds the exclusive license to RenFuel’s refining technologies in North America, Central America, and South America.

Sven Löchen, RenFuel’s chief executive officer, added that “we are thrilled with our rapidly expanding strategic partnership with Comstock. Comstock’s technologies and proprietary Bioleum products create a vastly expanded market opportunity for our technologies worldwide, which Comstock is currently advancing in the Americas. Simultaneously, Comstock’s direct investment in RenFuel will help to support our continued growth and technology development, while their leadership and participation in the JV will build on our significant historical commercialization investment in our planned 100,000 ton per year biorefinery in the European market. We are looking forward to working with the JV’s strategic feedstock and offtake partners to include Comstock in the JV commercialization efforts to build value for all stakeholders. Our two companies are strongly aligned on a shared mission and vision of enabling systemic decarbonization and net zero mobility.”

About RenFuel K2B AB

RenFuel innovates technologies that contribute to decarbonization and circularity by effectively turning under-utilized biomass waste and residues into renewable fuels and materials. To learn more, please visit www.renfuel.se.

About Comstock Inc.

Comstock (NYSE: LODE) commercializes technologies that enable systemic decarbonization and accelerate the energy transition by efficiently converting under-utilized natural resources into renewable energy products, and by leveraging physics based artificial intelligence for more efficient and effective mineral and materials discovery. To learn more, please visit www.comstock.inc.

More Yay!

Yay!

MONSTER NEWS BOYS. ROCKET SHIP LIFTING OFF. BETTER GET YOUR CHEAP TICKETS NOW

Comstock Metals Executes Orders for End-of-Life Solar Panel Recycling
December 21 2023 - 06:00AM

Alert
Print

Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enables systemic decarbonization by efficiently converting under-utilized natural resources into renewable energy products, announced today that it has secured sufficient supplier commitments to begin commissioning the Company’s first photovoltaic recycling facility upon receipt of the necessary permits.
The world remains focused on the production of energy generation and storage technologies to reduce reliance on fossil fuels, and especially photovoltaics. The substantial majority of solar panels have been deployed in the southwest region of United States, primarily California, Nevada, and Arizona with a remarkable acceleration of the decommissioning of these end-of-life solar panels occurring now.

“A critical 2023 objective was securing revenue-generating orders for recycling decommissioned solar panels in our first facility,” stated Corrado De Gasperis, Comstock’s Executive Chairman and Chief Executive Officer. “The associated clients are ready to begin supplying decommissioned panels to our demonstration-scale facility on a continuous basis. Our technology and renewable solutions provide a superior alternative to landfilling these polluting materials.”

Comstock Metals is currently deploying a demonstration system that commercializes technologies for efficiently crushing, conditioning, extracting, and ultimately recycling metal and mineral concentrates from photovoltaics and other electronic devices. Comstock Metals previously received a storage permit and expects to receive the remaining permits (e.g., air quality and solid waste) shortly to commence receiving, commissioning and then processing these end-of-life panels as scheduled in early 2024.

“We represent a safe, zero-landfill, end-of-life solution for solar installers, landfills, and utility-scale solar developers and generators, serving the entire Southwestern US and beyond,” said Dr. Fortunato Villamagna, President of Comstock Metals. “Large volumes of end-of-life photovoltaic materials are rapidly becoming available from large solar fields, effectively creating an environmental dilemma for our ecosystem. Comstock’s solution ensures the safe deconstruction, decontamination, separation, and productive reuse of important and precious metals contained in end-of-life photovoltaic materials.”

Comstock Metals objectives for 2024 include receiving the final permits early in the new year, completing commissioning of photovoltaic material recycling, commencing production, expanding our existing revenue generating supply commitments, and then finalizing the design and site selection for our first “industry-scale” production facility.

“We have rapidly taken a leadership position in this huge, readily available, and rapidly growing photovoltaic market,” concluded De Gasperis. “We have secured more than sufficient supply for our demonstration facility, and we are already negotiating agreements with major customers for industry-scale supply agreements. This will accelerate efforts for our first industry-scale facility.”

Comstock’s Q4 2023 Perception Analysis Report

Comstock’s investor relations firm, RB Milestone Group LLC (“RBMG”), is compiling results from an investor survey that stakeholders have begun to participate in following the Company’s Q3 earnings call on October 26th. Comstock and the RBMG team would appreciate your contribution as it will help further define the trends across the Company’s strengths, weaknesses and milestones. Surveying will conclude at the end of the quarter and the Q4 report will be published shortly thereafter. Investors can participate in the Q4 survey at the following link: www.comstock.inc/investors

About Comstock Inc.

Comstock (NYSE: LODE) commercializes technologies that enable systemic decarbonization and accelerate the energy transition by efficiently converting under-utilized natural resources into renewable energy products, and by leveraging physics based artificial intelligence for more efficient and effective mineral and materials discovery. To learn more, please visit www.comstock.inc.

About Comstock Metals

Comstock Metals specializes in zero-landfill waste, cost-effective, thermal end-of-life solar solutions. Comstock Metals is a wholly owned subsidiary of Comstock Inc. To learn more, please visit www.comstockmetals.com.

Comstock Fuels Targets More Sustainable Aviation Fuel
December 19 2023 - 06:00AM


Comstock Inc. (NYSE: LODE) (“Comstock” or the “Company”) and its wholly owned subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), today announced that Comstock Fuels’ biointermediate refining technology partner, RenFuel K2B AB (“RenFuel”), was awarded a Swedish Energy Agency grant of SEK 4.9 million (nearly US$480,000) to demonstrate an enhancement of RenFuel’s patented catalytic esterification processes to refine lignin co-products from paper production into Sustainable Aviation Fuel (“SAF”) at increased yields compared to conventional methods.

“Breakthroughs in SAF availability are critical for achieving net zero aviation timely,” said Corrado De Gasperis, Comstock’s Executive Chairman and Chief Executive Officer. “While we are not directly participating in or receiving funds under RenFuel’s new grant, their work on this project should significantly increase the capabilities and value of RenFuel’s platform.”

Comstock Fuels converts lignocellulosic biomass into Cellulosic Ethanol and proprietary BioleumTM biointermediate blends at extraordinary yields exceeding 100 gallons per dry tonne of biomass on a gasoline gallon equivalent basis (“GGE”), and market-leading, extremely low carbon intensity (“CI”) scores of 15. Comstock Fuels is already using RenFuel’s catalytic esterification technology to refine its proprietary BioleumTM derivatives into Hydrodeoxygenated Bioleum Oil (“HBO”) for use by advanced biofuel refineries when blending with, diversifying, and extending conventional hydroprocessed fat, oil, and grease feedstocks that can simultaneously produce SAF and Renewable Diesel Fuel. Shifting the resulting product ratio in favor of maximizing Sustainable Aviation Fuel yields using RenFuel’s technology is a primary objective of the work under this grant project.

De Gasperis concluded: “Comstock’s exclusive Americas license of the RenFuel technology has already expanded and accelerated our commercialization plans. RenFuel optimizing for increased Sustainable Aviation Fuel yields is a very timely and relevant consideration in many of our ongoing commercialization objectives, especially as we prioritize opportunities for the construction of our first commercial scale biorefinery. We look forward to their progress with this grant.”

About RenFuel K2B AB

RenFuel innovates technologies that contribute to decarbonization and circularity by effectively turning under-utilized biomass waste and residues into renewable fuels and materials. To learn more, please visit www.renfuel.se.

About Comstock Inc.

Comstock (NYSE: LODE) commercializes technologies that enable systemic decarbonization and accelerate the energy transition by efficiently converting under-utilized natural resources into renewable energy products, and by leveraging physics based artificial intelligence for more efficient and effective mineral and materials discovery. To learn more, please visit www.comstock.inc.

Comstock Fuels produces proprietary lignocellulosic feedstock made from cellulosic biomass as compliant, drop-in biointermediate blends to diversify fat-based feedstock portfolios for advanced biofuel refineries. To learn more, please visit www.comstockfuels.com. Comstock Fuels is a wholly owned subsidiary of Comstock Inc.

41000 SHARE BUY $$$$$$$$$$$$$

RenFuel has been awarded a grant of SEK 1.8 million for the project "One Lignin Oil from many Lignins"

STOCKHOLM, SWEDEN, NOVEMBER 23, 2023 – The Swedish Energy Agency (Energimyndigheten) approved a project amounting to SEK 1.8 million net, corresponding to a 70 % Support Level, to RenFuel for the implementation of the project “One Lignin Oil from many Lignin: A feasibility study for a pilot facility” for a period of one year.

The project is partly funded by The Swedish Energy Agency and the NextGenerationEU initiative.

Lignin is an important plant biomass component traditionally extracted in the pulp industry from black liquor and is incinerated for chemical recycling and its raw energy value.

RenFuel has developed a process to convert this so-called Kraft lignin into a lignin oil Lignol®, which can be further converted into green, renewable fuels such as diesel, gasoline, and sustainable aviation fuel in conventional oil refineries. Thereby replacing fossil crude oil and heavily reducing carbon dioxide emission footprint. This also enables countries and regions to be more self-supporting regarding the fuel feedstock.

The Swedish Energy Agency assesses that resource- and energy-efficient biorefineries realised on a large scale are important, among others, for the transition to the production of renewable fuels.

Adapting the current RenFuel Lignol® process to other lignin varieties will open new abundant feedstocks such as wood waste, sawdust, forest, and agricultural residues, leading to increased, advanced biofuel production in conventional oil refineries. The process has been confirmed on a laboratory scale and will now be evaluated on a pilot scale.

The feasibility study for a new integrated pilot plant is considered necessary, among other things, to investigate how the facility should be designed and built. And to prepare for commercial production.

The first commercial plant for Lignol is expected to have the capacity to handle 75,000 – 100,000 tonnes of lignin per year and has the potential to reduce carbon dioxide emissions from the transport sector by 135,000 – 195,000 tonnes per year.

“This project is a great opportunity for us to explore the potential of our innovative technology and contribute to a sustainable energy future. I want to thank all the partners and collaborators who have supported us along the way. We couldn’t have done it without you,” says Sven Löchen, CEO of RenFuel.

Hacked into the companies new satellite... Found a gold coin I lost on a camping trip.

totally agree.
i like how the ceo and the rest of management are trying to get results and I like that LODE does not have billions of shares issued.
Still wondering if the recycling of solar panels will be profitable but we should know more in the next three months.

it means that comstock owns alot. and we have more in equity than our market cap. monster news next 3/6 mths and longer

is that a good thing?...I'm so confused.... does this mean LODE is going to the moon? (a bit farther than than the recent satellite launched.)

channelchek says 69 mil in shareholder equity and $4 price target. upper management get 2nd half of bonus when stock gets to 12.50. this was done when stock was $2

WOOOOOOOOOOOOOW WE HAVE 69 MILLION $ IN SHAREHOLDER EQUITY- 60 CENTS SHARE $$$$$$$$$$

we have more in equity than the stock sells for

I thought LODE was a mining company? What a Lode of crap.

10% owner buys 10% more shares of 40k now has 400k shares $$$$$$$$$ lets see pr of how many heat pumps sold $$$$$

2/1 buys vs sells. some nice size buys. not alot of shares for sale. up we all go $$$$$$$$$$$$$$$

Dang it. I'm starting to like this company. This is dangerous as any stock I own that I start to like only ends up disappointing me.
So.....
I guess I'm bullish now on LODE, only without the balls.

and I bought a couple ounces of LODE last week. easier to carry than having a ton of it in my pocket.

billy coo bought ton of shares last week great things coming $$$$$$$$$$$$$$$$$

WOOOOOOOOOOOOOOOW 46000 SHARE BUY CO SOOOOOOOO UNDERVALUED $$$$$$$$$$$$

GOLD 2010 $$$$$$$$$$$$$$$$

record earnings and cc after market closes today. $$$$$$$$$$$$$

record earnings tommorrow. better buy today for ride up to buck. i did $$$$$$$$$$

On the 17th lunar cycle on Mars? On the 17th day of burning Man 2027? March 17th 1889?

I give the company credit though, they posted some nice pics of their demo plant. Looks like a storage unit after being cleaned by housekeeping.

on the 17th

when?

23000 SHARE BUY $$$$$$$$$$$ UP UP AND AWAY

GREAT NEWS OUT $$$$$$$$$$
COMSTOCK FUELS COMPLETES ALL VALIDATION MILESTONES
Executes Exclusive License for Proven Refining Process

VIRGINIA CITY, NEVADA, October 17, 2023 – Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced completion of all milestones required for the scale-up of its proprietary lignocellulosic biomass refining process, culminating in the execution by its wholly owned subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), of an exclusive license agreement with RenFuel K2B AB (“RenFuel”) for use of RenFuel’s patented catalytic esterification process to refine Comstock Fuel’s proprietary Bioleum™ biointermediates in North America, Central America, and South America.

Comstock Fuels converts lignocellulosic biomass into Cellulosic Ethanol and proprietary Bioleum biointermediate blends at extraordinary yields exceeding 100 gallons per dry tonne of biomass on a gasoline gallon equivalent basis (“GGE”), and market-leading, extremely low carbon intensity (“CI”) scores of 15. Comstock Fuels achieves those results in part by catalytic esterification and hydrodeoxygenation of Bioleum™ into Hydrodeoxygenated Bioleum™ Oil (“HBO”), which is then sold to advanced biofuel refineries for use in blending with, diversifying, and extending conventional hydroprocessed fat, oil, and grease (“FOG”) feedstocks in the production of Sustainable Aviation Fuel and Renewable Diesel Fuel.

Catalytic esterification is a refining step that involves novel variations of patented intellectual properties developed and owned by RenFuel K2B AB. On April 28, 2023, Comstock Fuels entered into a Memorandum of Understanding with RenFuel to obtain an exclusive license for use of RenFuel’s technologies subject to process validation, which has been recently completed. Consequently, on October 11, 2023, Comstock Fuels entered into an Exclusive License Agreement with RenFuel for use of its patented process in North America, Central America, and South America. The license also includes non-exclusive rights to sell the resulting products globally.

“We are focused on commercialization of industry leading decarbonization solutions,” said Corrado De Gasperis, Comstock’s executive chairman and chief executive officer. “The agreement with RenFuel complements our existing technology portfolio and marks the culmination of comprehensive process validation efforts completed over the past eighteen months. We are especially excited by this progress since validation has been a critical prerequisite to closing multiple ongoing sales discussions as well as enabling accelerated commercialization as we capitalize on the explosive growth in renewable fuels.”

About Comstock Inc.

Comstock (NYSE: LODE) commercializes technologies that enable systemic decarbonization and accelerate the energy transition by efficiently converting under-utilized natural resources into renewable energy products, and by leveraging physics based artificial intelligence for more efficient and effective mineral and materials discovery. To learn more, please visit www.comstock.inc.

Comstock Fuels produces proprietary lignocellulosic feedstock made from cellulosic biomass as compliant, drop-in biointermediate blends to diversify fat-based feedstock portfolios for advanced biofuel refineries. To learn more, please visit www.comstockfuels.com. Comstock Fuels is a wholly owned subsidiary of Comstock Inc.

Good news from the company. I wonder if it will translate into revenue and a higher stock price? I guess anything is possible but not holding my breath.

18000 SHARE BUY $$$$$$$$ CO SOOOOOOOO UNDERVALUED. GEN MAT GOING TO KILL $$$$$$$. I BOUGHT MORE

didnt know it was still listed on Level 1

ITS for the OUTLAW crowd

WHEN is the Satellite launch for Gen Mat