OKLAHOMA CITY, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) today announced the execution of a definitive master license 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 granted Gresham’s a license to develop and manage facilities based on Comstock Fuels’ advanced lignocellulosic biomass refining processes in ...

OKLAHOMA CITY, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) today announced the execution of a definitive master license 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 granted Gresham's a license to develop and manage facilities based on Comstock Fuels' advanced lignocellulosic biomass refining processes in P ...

OKLAHOMA CITY, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) today announced that its subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), was approved by the Oklahoma State Treasurer’s Office to issue up to $152 million in qualified private activity bonds. This allocation of up to $152 million in Qualified Private Activity Bonds that can be issued by Comstock Fuels represents a major achievement in Comstock Fuels’ plans for financing and building its first 400,000 barrel per year comme ...

Expands Licensing Agreement into Malaysia for SAF and Other Renewable FuelsOKLAHOMA CITY, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the execution of definitive agreements between Comstock Fuels Corporation (“Comstock Fuels”) and SACL Pte. Limited (“SACL”), a Singapore-based renewable fuel project developer, under which Comstock Fuels and SACL signed an exclusive marketing agreement for Comstock Fuels’ advanced lignocellulosic biomass refining ...

OKLAHOMA CITY, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) today announced that its subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), has joined the BDO Zone Strategic Partners Network, a group of leading companies in the bioenergy sector that help accelerate and de-risk biobased project development in BDO Zones. The BDO Zone Initiative is an internationally recognized standards-based assessment which certifies “regional readiness for bio-manufacturing,” creates global con ...

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].

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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 ...