Comstock updates on asset sales, closes on financing

Virginia city, nev., dec. 19, 2022 (globe newswire) -- comstock inc. (nyse: lode) (“comstock” or the “company”) provided an update today on previously announced asset sales anticipated to close during the first quarter of 2023. the company now expects more than $30 million in proceeds from the sale of certain non-mining properties and non-strategic investments, as well as collection of advances receivable. the company is directly engaged with multiple parties and expects these transactions to close during the first quarter of 2023.
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