Comstock advances purchase and sale of facility

Virginia city, nev., april 27, 2023 (globe newswire) -- comstock inc. (nyse: lode) (“comstock” and the “company”) today announced the receipt of an additional $7 million toward the sale of the linico battery recycling facility (the “facility”) to american battery technology company, a nevada corporation (“abtc”), bringing total cash received to date to $18 million of the $27.6 million purchase price. comstock has successfully completed the purchase of facility and is now scheduled to receive the remaining net proceeds of over $8 million dollars over the next three months, with $3 million due in the next two weeks.
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