Comstock amends agreement with mackay precious metals inc.

Virginia city, nev., june 09, 2025 (globe newswire) -- comstock inc. (nyse: lode) (“comstock” and the “company”) today announced it has amended the 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”) 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 pelen llc (“pelen”) to mackay precious metals inc. (“mackay”) for an increased aggregate purchase price of $2.95 million (the “purchase price”) and a 1.5% nsr production royalty from the sales of all valuable minerals and products extracted from these properties.
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