Tuesday, May 31, 2022
Comstock Mining Inc. (LODE)
Tapping into Major Growth Opportunities
Comstock (NYSE: LODE) innovates technologies that contribute to global decarbonization and circularity by efficiently converting under-utilized natural resources into renewable fuels and electrification products that contribute to balancing global uses and emissions of carbon. The Company intends to achieve exponential growth and extraordinary financial, natural, and social gains by building, owning, and operating a fleet of advanced carbon neutral extraction and refining facilities, by selling an array of complimentary process solutions and related services, and by licensing selected technologies to qualified strategic partners. To learn more, please visit www.comstock.inc.
Mark Reichman, Senior Research Analyst, Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Annual General Meeting. Comstock hosted a well-attended annual general meeting on May 26 in Reno, Nevada. Management showcased its renewable energy businesses, including small-scale models of planned biorefinery and lithium-ion battery recycling facilities. Its renewable fuels division is advancing technologies to commercialize the conversion of woody biomass into advanced cellulosic fuels. Its lithium-ion battery (LIB) recycling business, LiNiCo, is commercializing a process to crush and separate lithium-ion batteries, extract lithium, nickel, cobalt, and graphite, and use the recovered metals to produce 99% pure cathode active precursor products.
Shareholder voting. Shareholders elected seven nominees to the Board, ratified the appointment of Comstock’s accounting firm, approved an advisory resolution for executive compensation, approved a change to the articles of incorporation, and approved the company’s 2022 equity incentive plan. With respect to the articles of incorporation, shareholders approved changing the corporate name to Comstock Inc. from Comstock Mining Inc. to better reflect the expanded scope of its business activities….
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.