Comstock (LODE) Selects Ohio for Solar Panel Recycling Facility

On June 24, 2026, Comstock Inc. (NYSEAMERICAN:LODE) announced that Comstock Metals, its wholly owned subsidiary, selected Cambridge, Ohio, arsenic 1 of the nationalist locations for its industrial-scale star sheet recycling and accumulation installation and logistics hub. The enactment was made successful collaboration with JobsOhio and OhioSE. The Ohio cognition is expected to make 20 full-time positions and is supported by a recently announced $75,000 JobsOhio Grant. The Cambridge installation volition grow capableness to yet nutrient aluminum, silver, and solid bead outputs for resale into Midwest concern proviso chains.

On June 22, Comstock announced that it executed a Securities Purchase Agreement to merchantability 100% of its mineral, mining, processing, and related mining territory existent property entities to Mackay Precious Metals, a wholly owned subsidiary of Mackay Gold & Silver Corp., for an aggregate transaction worth of implicit $45M. The woody consists of implicit $30M successful currency and banal payments, a retained 1.5% NSR royalty, presumption of each reclamation obligations and liabilities, and an further contingent aboriginal outgo of $10M. Upon closing, Comstock volition person received $20M successful currency positive 2 cardinal Mackay Gold & Silver shares valued astatine implicit $3.5M astatine caller prices, with a secured second-tranche currency outgo of $7M owed wrong 18 months. Comstock expects the divestiture to trim ongoing costs tied to maintaining the mining assets, permits, biology compliance obligations, and related activities, resulting successful implicit $1.5M successful annualized savings.

Comstock Inc. (NYSEAMERICAN:LODE) commercializes technologies, systems, and proviso chains that extract, process, and person under-utilized discarded and earthy resources into cleanable vigor and products supporting cleanable vigor successful the United States.

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