Every 8-K that Comstock Inc. (LODE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LODE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LODE filings page.
Comstock Inc. (NYSE: LODE) has closed the previously announced sale of its legacy mining-related subsidiaries and real estate to Mackay Precious Metals Inc., a subsidiary of Mackay Gold & Silver Corp., in a transaction valued at more than $45 million. Comstock has received $20 million in cash and 2 million Mackay Gold & Silver Corp. shares, currently valued at approximately $4.5 million, and expects to record a gain of about $10–$12 million with no associated cash taxes.
The sale transfers all four mining subsidiaries, related claims, facilities, permits and water rights, with Mackay assuming all reclamation obligations and other liabilities, including reclamation and surety bond collateral. Comstock retains a 1.5% NSR royalty on future production, which Mackay can buy out for $3.5 million, and a secured second-tranche payment of $7 million due within 18 months. Comstock may also receive a $10 million contingent payment if Mackay advances mine construction or undergoes a qualifying change-of-control transaction within seven years. The divestiture is expected to cut operating and compliance costs by about $1.5 million per year and aligns with Comstock’s strategy to focus on renewable metals and materials, including solar panel recycling.
Comstock Inc. reported second-quarter 2026 updates centered on shifting from legacy mining to clean metals and fuels. It agreed to sell multiple mining subsidiaries and the Gold Hill Hotel to Mackay entities for total consideration of over $45.0 million, including $20.0 million expected cash and a 1.5% NSR royalty. The company recorded a non-cash impairment of about $16.4 million after abandoning Flux Photon-related technologies.
Management highlighted commissioning of its first solar panel recycling facility in Nevada, targeting at least 25% of rated capacity and about $5 million in second-half 2026 revenue, plus future sites in Nevada and Ohio. Ownership in Sierra Springs Opportunity Fund rose to 47.63% after investing nearly $12.0 million toward land and energy supporting potential data center developments, while Bioleum is being refocused on nearer-term renewable fuel opportunities.
Comstock Inc. has agreed to sell 100% of its legacy Comstock mining, processing and related real estate entities to Mackay Precious Metals for an aggregate value of over $45 million. Consideration includes an Initial Payment of $20 million in cash, 2,000,000 Mackay Gold & Silver shares, and a secured Second Tranche Payment of $7 million due within 18 months.
The company retains a 1.5% net smelter returns royalty on production from the transferred properties and a contingent $10 million cash payment if Mackay approves mine construction or undergoes a qualifying change of control within seven years. Comstock expects over $1.5 million in annual cost savings from shedding reclamation, permitting and other legacy mining obligations.
Comstock Inc. approved a new long-term equity incentive program for employees and executives under its 2026 Equity Incentive Plan. The Compensation Committee granted a total of 1,961,986 performance stock units (PSUs) and 783,618 restricted stock units (RSUs), representing about 37% of the plan’s authorized shares.
The CEO received 247,252 RSUs and 619,059 PSUs, the CFO received 121,597 RSUs and 304,449 PSUs, and the Chief Accounting Officer received 36,838 RSUs and 92,234 PSUs. PSUs vest only if stock price targets are met over three years and employment continues through June 30, 2029, while RSUs vest in three annual installments starting June 30, 2027.
Comstock Inc. filed a report describing its participation in the Planet MicroCap Las Vegas 2026 conference at the Bellagio Resort & Hotel. Chief Executive Officer Corrado De Gasperis and Chief Financial Officer Judd Merrill will present and hold meetings with members of the investment community.
The investor presentation used at the conference is available on Comstock’s website and is furnished as Exhibit 99.1, rather than filed, meaning it is not subject to certain Exchange Act liabilities or automatically incorporated into other securities filings.
Comstock Inc. reported a change in its independent auditor following an acquisition in the accounting firm industry. On June 3, 2026, Assure CPA, LLC ceased operations as a public accounting firm after substantially all its assets were acquired by Sadler, Gibb & Associates, LLC. Assure therefore resigned as Comstock’s independent registered public accounting firm, a resignation that was confirmed by the Board and its Audit and Finance Committee.
On June 5, 2026, Comstock’s Board appointed Sadler Gibb as the new independent registered public accounting firm. The engagement team, including the lead audit partner that previously served Comstock at Assure, has joined Sadler Gibb and is expected to continue servicing the company. Assure’s audit reports for the years ended December 31, 2025 and 2024 contained no adverse opinions, disclaimers, or qualifications, and Comstock reports no disagreements or reportable events with Assure during those periods or through June 3, 2026.
Comstock Inc. held its Annual General Meeting of Stockholders on May 28, 2026, where common stockholders voted on four governance items. As of the March 31, 2026 record date, 74,099,140 common shares were outstanding, with 49,067,531 shares represented in person or by proxy.
All eight director nominees were elected, each receiving over 26 million votes for, with 21,410,649 broker non-votes recorded on the director slate. Stockholders also ratified Assure CPA, LLC as independent auditors for the year ending December 31, 2026, with 43,371,791 votes for and no broker non-votes.
Stockholders approved a non-binding advisory vote on executive compensation and adopted the Comstock Inc. 2026 Equity Incentive Plan. The CEO also provided an investor presentation covering business segments, investments, and an outlook for the Metals segment, furnished as Exhibit 99.1 under Regulation FD.
Comstock Inc. filed a current report describing its first quarter 2026 results and a major strategic shift toward renewable metals and solar panel recycling. The company says it has completed a significant recapitalization with investors aligned to its transformation into a multi-billion-dollar industrial materials enterprise.
Comstock Metals reports that it has received substantially all industry-scale equipment and expects to complete commissioning and begin operating its metals plant in June, focused on zero-landfill solar panel recycling and high-value material recovery. Management highlights a first-of-its-kind industrial tailings recovery solution and ongoing steps toward ISO certification.
The company is in advanced discussions to sell all of its mining assets, targeting completion most likely in the third quarter of 2026, and plans to monetize extensive Silver Springs, Nevada real estate tied to land-power-data opportunities. Subsidiary Bioleum is advancing a “Farm-to-Fuel” renewable fuels platform and preparing an integrated demonstration-scale deployment. Comstock scheduled a webinar on May 7, 2026 to review Q1 2026 results and upcoming milestones.
Comstock Inc. entered a Second Note Amendment Agreement with Georges Trust on March 30, 2026, extending the maturity of its promissory note. The note has a remaining principal amount of $4,290,000, and the due date was moved from April 15, 2026 to July 15, 2026.
Under an earlier amendment, Comstock issued 1,500,000 common shares to Georges Trust, and a registration statement on Form S-3 allows the resale of those shares. Net cash proceeds from the Noteholder’s share sales are to be applied to satisfy the note, and any proceeds above the total amounts payable must be returned to Comstock in shares or cash.
Comstock Inc. entered into a Cooperation Agreement with MAK Capital Fund LP, which beneficially owns approximately 5,763,729 shares of Comstock’s common stock. The agreement immediately expands the Board from six to eight directors and adds three new independent directors: Donald A. Colvin, Robert M. Spence and, effective April 15, 2026, Steven Y. Pei.
The Company will nominate each of the new directors at its 2026 and 2027 annual meetings, while existing directors William J. Nance and Walter A. Marting Jr. plan to retire at the 2027 meeting. The Board size is scheduled to move to six directors at that time, then increase to seven once a new independent director, unaffiliated with both Comstock and MAK Capital, is added.
Committee roles are restructured, including Mr. Spence chairing the Compensation Committee and Mr. Colvin slated to chair the Audit and Finance Committee. Walter A. Marting Jr. becomes Chairman of the Board and Kristin Slanina Vice Chair. The agreement includes mutual non-disparagement provisions and remains in effect until the earlier of MAK Capital’s ownership falling below the lesser of 5.6% of outstanding common stock or 4,000,000 shares, or the conclusion of the 2027 annual meeting.
Comstock Inc. reported that 2025 revenue from its metals segment reached $1.4 million, more than triple 2024’s $0.4 million, with total 2025 billings over $3.5 million. The company is pivoting from a junior mining focus toward metals recovery and renewable fuels through two main businesses: Nevada-based Comstock Metals and Oklahoma-based Bioleum Corporation.
Comstock Metals has permits and funding for its first industry-scale solar panel recycling facility in northern Nevada, designed to handle up to 3.3 million panels or about 100,000 tons annually, with operations expected to begin in the second quarter of 2026. A second Nevada site has been selected, with capital expenditures for each of the first two facilities projected at about $14.0 million. Bioleum is expanding pilot production, pursuing a Series A equity raise, and targeting ultra-low-carbon fuels, with plans indicating potential yields of up to 100 barrels of fuel per acre per year from purpose-grown energy crops and waste biomass.
Comstock Inc. furnished an investor presentation outlining an update on certain strategic and operational initiatives. The company made this information available under a Regulation FD disclosure by attaching the presentation as Exhibit 99.1 to a current report. The exhibit is incorporated by reference but is designated as furnished rather than filed with the SEC.
Comstock Inc. completed an underwritten public offering of 18,181,819 shares of common stock, generating approximately $50.0 million in gross proceeds before fees and expenses. The underwriter also has a 30-day option to purchase up to 2,727,272 additional shares to cover over-allotments.
The company will issue underwriter warrants equal to 7% of the total shares sold, exercisable for five years at $3.1625 per share, starting 180 days after the underwriting agreement date. Comstock plans to use the net proceeds mainly for capital expenditures for Comstock Metals LLC’s second industry-scale facility, development of a refining process and solution, accelerated site selection and Metals market growth, with any remainder for general corporate purposes.
Comstock Inc. entered into a Royalty Purchase and Sale Agreement with Mackay Precious Metals Inc., selling 100% of its right, title, and interest in a 1.5% net smelter returns royalty and the related NSR Royalty Agreement covering certain mining claims and leased properties in Storey County, Nevada. Comstock received an aggregate cash purchase price of $1,100,000, consisting of a non-refundable $100,000 cash deposit on the effective date of the agreement and an additional $1,000,000 paid in cash on January 20, 2026. This transaction converts a future royalty interest into immediate cash proceeds for the company.
Comstock Inc. reported that on January 5, 2026 it granted a total of 463,721 shares of common stock to its non-employee directors. These grants cover annual director services for the period from January 1, 2022 through March 31, 2026 under the shareholder-approved 2020 and 2022 Equity Incentive Plans.
All non-employee directors chose to receive all previously earned and accrued compensation for these years in company shares instead of cash and agreed to higher ownership guidelines for holding Comstock common stock. Going forward, the stock-based compensation for these professional services will be paid on a quarterly basis.
Comstock Inc. reported that its strategic investee, Bioleum Corporation, acquired all outstanding capital stock of Hexas Biomass, Inc. for a total purchase price of $6.5 million. The consideration includes approximately $3.5 million paid in 146,637 shares of Bioleum common stock valued at $24 per share, plus $500,000 in five annual cash payments of $100,000 each starting at closing. The deal also includes $2.5 million of convertible debt, which can be repaid from 5% of Hexas’ aggregate revenues or converted into Bioleum common stock at a conversion price of $24 per share.
Comstock Inc. reports that its strategic investee Bioleum Corporation has acquired substantially all of the assets of RenFuel K2B IPCO AB, including patents, intellectual property and know-how.
The closing purchase price totals $18.1 million, made up of $12.5 million paid in 520,833 shares of Bioleum common stock, $2.5 million in warrants to buy 104,167 Bioleum shares at $24 per share, $2.6 million in debt forgiveness and $500,000 in cash. There is also a contingent earn-out equal to 3% of revenues from lignin ester sales using the acquired technologies, capped at $11.9 million.
Bioleum granted RenFuel an exclusive license to use the technologies in biomaterials applications, subject to a 3% royalty, while retaining a reciprocal non-exclusive license for biomaterials in the Americas. The transaction also ends Bioleum’s prior commitment to fund about $1 million per year to RenFuel under earlier agreements originally entered into by Comstock and RenFuel.
Comstock Inc. filed an 8-K announcing results for the third quarter ended September 30, 2025. The company furnished a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2). The presentation reviewed strategic and operational initiatives, including an update and outlook for the metals segment, plus an overview of other business segments and investments.
Comstock Inc. filed an 8-K reporting that on August 14, 2025 it announced results for the second quarter ended June 30, 2025 and furnished a press release as Exhibit 99.1. The company also disclosed a Regulation FD presentation updating strategic and operational initiatives and providing an outlook for its metals segment, furnished as Exhibit 99.2. Both exhibits are incorporated by reference and are not deemed filed with the SEC. The 8-K does not include the financial tables or earnings figures within the body of the filing.
Comstock Inc. amended multiple promissory notes and warrants and entered a payoff agreement while disclosing preliminary H1 2025 results. The Company issued 2,900,000 restricted shares as partial consideration to address an aggregate $8,390,000 of promissory note principal, and will file a registration statement for those shares within 90 days. If share sale proceeds plus prior cash payments do not fully repay the notes, a true-up payment may be due on April 15, 2026 with interest at 12% per annum. Comstock also extended 220,000 warrants exercisable at $4.56 to December 31, 2027. Under a payoff letter, the Company settled a $10,638,298 convertible note by paying $2,500,000 cash and issuing 447,724 shares subject to a lock-up through October 31, 2025. Preliminary results show $18.6 million in cash, revenue of $0.3 million for the quarter and $1.1 million for six months, and recurring net losses of $7.8 million (quarter) and $16.9 million (six months). Two officers resigned to join Bioleum Corporation.