0001120970-24-000027.txt : 20240404 0001120970-24-000027.hdr.sgml : 20240404 20240403180826 ACCESSION NUMBER: 0001120970-24-000027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240403 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240404 DATE AS OF CHANGE: 20240403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Comstock Inc. CENTRAL INDEX KEY: 0001120970 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 650955118 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35200 FILM NUMBER: 24820584 BUSINESS ADDRESS: STREET 1: 117 AMERICAN FLAT ROAD STREET 2: PO BOX 1118 CITY: VIRGINIA CITY, STATE: NV ZIP: 89440 BUSINESS PHONE: 775-847-5272 MAIL ADDRESS: STREET 1: 117 AMERICAN FLAT ROAD STREET 2: PO BOX 1118 CITY: VIRGINIA CITY, STATE: NV ZIP: 89440 FORMER COMPANY: FORMER CONFORMED NAME: Comstock Mining Inc. DATE OF NAME CHANGE: 20100720 FORMER COMPANY: FORMER CONFORMED NAME: GOLDSPRING INC DATE OF NAME CHANGE: 20040730 FORMER COMPANY: FORMER CONFORMED NAME: GOLDSPRING DATE OF NAME CHANGE: 20030821 8-K 1 lode-20240403.htm 8-K lode-20240403
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 3, 2024

COMSTOCK INC.
(Exact Name of Registrant as Specified in its Charter)
Nevada
001-35200
65-0955118
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification Number)
117 American Flat Road, Virginia City, Nevada 89440
(Address of Principal Executive Offices, including Zip Code)
Registrant’s Telephone Number, including Area Code: (775) 847-5272

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Common Stock, par value $0.000666 per shareLODENYSE American
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company      
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      





Item 7.01 Regulation FD.

On April 3, 2024, Comstock Inc. (the “Comstock”) issued a press release relating to the release of its first quarter 2024 stakeholder perception analysis report (the “Report”).

The Report compiles the survey results in which stakeholders participated. The Report provides insight into Comstock’s various operational milestones, and perceived strengths and weaknesses. Also enclosed in the Report is a brief recording of Comstock’s CEO, Corrado De Gasperis, addressing the results.

The press release is attached as Exhibit 99.1 to this Form 8-K. This Form 8-K and Exhibit 99.1 are being furnished to the Securities and Exchange Commission (the “SEC”) pursuant to Item 7.01 of Form 8-K and are therefore not to be considered “filed” with the SEC.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1
104Cover Page Interactive Data File (embedded within the Inline XBRL document)





SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     
  COMSTOCK INC.
    
Date: April 4, 2024 By: /s/ Corrado De Gasperis
    
Corrado De Gasperis
Executive Chairman and Chief Executive Officer






EX-99.1 2 exhibit991comstockpr-1q24p.htm EX-99.1 Document
Exhibit 99.1
image_2.jpg


NEWS RELEASE

Comstock Publishes its 1Q24 Stakeholder Perception Analysis Report

VIRGINIA CITY, NEVADA, April 03, 2024 – Comstock Inc. (NYSE: LODE) (“Comstock”) announces its Q1 2024 Stakeholder Perception Analysis Report (the “Report”) compiled by RB Milestone Group LLC (“RBMG”), Comstock’s investor relations firm. The Report provides insight into Comstock’s operational milestones and perceived strengths and weaknesses from the perspective of its stakeholders. The Report includes a brief video on the results by Comstock’s Executive Chairman and Chief Executive Officer, Corrado De Gasperis.

RBMG gathered the survey data throughout the latter part of the period ending March 31, 2024, and takes a proactive and broad approach in collecting submissions for a balanced dataset. The participants include a broad range of existing and prospective shareholders. The Report categories were confirmed by Comstock and RBMG, neither of which participated in the survey.

Comstock publishes these RBMG-complied reports on a quarterly basis whereby the surveying period commences after each earnings call and closes at the end of the respective quarter. The investor survey is available for participation in the investors section of Comstock’s website during each surveying period and replaced by the final quarterly perception analysis report once completed.

Comstock intends to publish these Reports at the end of each quarter, between quarterly earnings calls, with the support from RBMG with the objective of increased and improved investor transparency and relations.

Click Here for Comstock’s 1Q24 Stakeholder Perception Analysis Report

About Comstock

Comstock (NYSE: LODE) commercializes innovative technologies that contribute to global decarbonization by efficiently converting under-utilized natural resources, primarily, woody biomass into net zero renewable fuels, end of life metal extraction, and generative AI-enabled advanced materials synthesis and mineral discovery. To learn more, please visit www.comstock.inc.

About RB Milestone Group LLC

RB Milestone Group LLC (“RBMG”) is a US-based corporate communications firm, founded in 2009, that specializes in investor relations advisory and has offices in New York City and Stamford, Connecticut. RBMG’s US advisory practice delivers investor relations programs tailor-made for emerging companies that are private and publicly traded on the NYSE, NASDAQ, OTC, TSX, TSXV, CSE, ASX and AIM. RBMG refines communications strategies, weighs data and advises clients on how to penetrate new markets. It helps clients target and secure relationships with niche US stakeholders and key industry strategics globally. Utilizing digital techniques, artificial intelligence (AI) and machine learning, RBMG has developed methods that improve traditional client IR initiatives to maximize ROI. RBMG partners with clients across a wide range of industry segments, including but not limited to, Cleantech, Consumer Goods, Energy, Healthcare, Metals & Mining, and Technology. For more information, please visit www.rbmilestone.com, or to connect by email, info@rbmilestone.com.

Forward-Looking Statements

This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future


Comstock Inc.        Press Release

industry market conditions; future explorations or acquisitions; future changes in our exploration activities; future prices and sales of, and demand for, our products; land entitlements and uses; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land sales; investments, acquisitions, joint ventures, strategic alliances, business combinations, operational, tax, financial and restructuring initiatives, including the nature, timing and accounting for restructuring charges, derivative assets and liabilities and the impact thereof; contingencies; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings, limitations on sales or offering of equity or debt securities, including asset sales and associated costs; and future working capital, costs, revenues, business opportunities, debt levels, cash flows, margins, taxes, earnings and growth. These statements are based on assumptions and assessments made by our management considering their experience and their perception of historical and current trends, current conditions, possible future developments, and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments, and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC and the following: adverse effects of climate changes or natural disasters; adverse effects of global or regional pandemic disease spread or other crises; global economic and capital market uncertainties; the speculative nature of gold or mineral exploration, and lithium, nickel and cobalt recycling, including risks of diminishing quantities or grades of qualified resources; metal recycling, processing or mining activities; costs, hazards and uncertainties associated with precious metal based activities, including environmentally friendly and economically enhancing clean mining and processing technologies, precious metal exploration, resource development, economic feasibility assessment and cash generating mineral production; costs, hazards and uncertainties associated with metal recycling, processing or mining activities; contests over our title to properties; potential dilution to our stockholders from our stock issuances, recapitalization and balance sheet restructuring activities; potential inability to comply with applicable government regulations or law; adoption of or changes in legislation or regulations adversely affecting our businesses; permitting constraints or delays; ability to achieve the benefits of business opportunities that may be presented to, or pursued by, us, including those involving battery technology, quantum computing and advanced materials development, and development of cellulosic technology in bio-fuels and related carbon-based material production; ability to successfully identify, finance, complete and integrate acquisitions, joint ventures, strategic alliances, business combinations, asset sales, and investments that we may be party to in the future; changes in the United States or other monetary or fiscal policies or regulations; interruptions in our production capabilities due to capital constraints; equipment failures; fluctuation of prices for gold or certain other commodities (such as silver, zinc, lithium, nickel, cobalt, cyanide, water, diesel, gasoline and alternative fuels and electricity); changes in generally accepted accounting principles; adverse effects of war, mass shooting, terrorism and geopolitical events; potential inability to implement our business strategies; potential inability to grow revenues; potential inability to attract and retain key personnel; interruptions in delivery of critical supplies, equipment and raw materials due to credit or other limitations imposed by vendors; assertion of claims, lawsuits and proceedings against us; potential inability to satisfy debt and lease obligations; potential inability to maintain an effective system of internal controls over financial reporting; potential inability or failure to timely file periodic reports with the Securities and Exchange Commission; potential inability to list our securities on any securities exchange or market or maintain the listing of our securities; and work stoppages or other labor difficulties. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company, the fund, or any other issuer.





Comstock Inc.        Press Release

Contact Information:

Investor Relations
RB Milestone Group LLC (RBMG)
Tel (203) 487-2759
IR@comstockinc.com

Media
Zach Spencer
Comstock Inc.
Tel (775) 847-7532
questions@comstockinc.com

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Cover
Apr. 03, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Apr. 03, 2024
Entity Registrant Name COMSTOCK INC.
Entity Incorporation, State or Country Code NV
Entity File Number 001-35200
Entity Tax Identification Number 65-0955118
Entity Address, Address Line One 117 American Flat Road
Entity Address, City or Town Virginia City
Entity Address, State or Province NV
Entity Address, Postal Zip Code 89440
City Area Code 775
Local Phone Number 847-5272
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Title of 12(b) Security Common Stock, par value $0.000666 per share
Trading Symbol LODE
Security Exchange Name NYSEAMER
Amendment Flag false
Entity Central Index Key 0001120970
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