MAS Gold Corp. and Comstock Metals Ltd. are pleased to announce the signing of a non-binding letter of intent under which Comstock has agreed to sell 100% of its interest in its Preview SW gold deposit and property to MAS Gold in consideration of the issuance of 30,000,000 common shares in MAS Gold. Comstock's 843 hectare Preview SW Property is contiguous with MAS Gold's Preview-North Property in the La Ronge Gold Belt of [...]
Comstock Metals Ltd. announced today that certain officers and directors have been issued an aggregate of 1,100,000 options pursuant to the Company's option plan effective October 25, 2021 with each such option being exercisable into one common share at an exercise price of $0.09 at any time on or before the October 25, 2026. The options vest immediately upon grant. About Comstock Metals Ltd. Comstock Metals is advancing [...]
Comstock Metals is pleased to announce that it is has closed previously disclosed proposed non-brokered private placement of units and flow-through units for aggregate gross proceeds of $388,900. The Company issued an aggregate of 1,715,000 FT Units and 2,225,000 Units pursuant to the offerings. Each Unit was priced at $0.09 and consists of one common share in the capital of the Company and one common share purchase [...]
Comstock Metals Ltd. is pleased to announce that it is has amended the terms of its previously disclosed proposed non-brokered private placement of units and flow-through units . The Company anticipates that the offerings will be comprised of 1,715,000 Units and 2,225,000 FT Units. Each Unit will be priced at $0.09 and will consist of one common share in the capital of the Company and one common share purchase warrant [...]
Comstock Metals is pleased to announce the appointment of Derek Knight as a director of the Company. Derek Knight is a two-decade veteran in project management with a proven track record of delivering efficiency optimization and cost benefit. Currently serving as Vice President, Corporate Development at Snow Lake Resources, a significant lithium mining company in Northern Manitoba, Derek is leading the initiative to [...]
Comstock Metals Ltd. is pleased to announce that it is undertaking a non-brokered private placement for an aggregate of up to $1,500,000 comprising up to 5,750,000 units and up to 11,500,000 flow-through units . Each Unit will be priced at $0.09 and will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one additional [...]
Comstock Metals Ltd. announces that the shareholders and the board of directors of the Company have approved the previously announced distribution of an aggregate of 1,000,000 common shares of E3 Metals Corp. and 1,387,210 common shares of White Gold Corp. to shareholders of the Company. The distribution of the Distribution Shares will be effected as a reduction in the stated capital of the common shares of the Company [...]
Comstock Metals Ltd. announces that the board of directors of the Company will be proposing to its shareholders that they approve, at the Company's annual and special meeting to be held on October 19, 2020, a reduction of the capital of the Company's common shares, which approval is being sought in connection with a proposed distribution by the Company of an aggregate of 1,000,000 common shares of E3 Metals Corp. and [...]
Comstock Metals Ltd. is pleased to announce that it has closed its previously disclosed non-brokered private offering of units. Pursuant to the offering the Company issued a total of 3,391,239 Units raising aggregate gross proceeds of $254,342.93. Following the closing of the offering, Comstock will have 21,940,746 common shares issued and outstanding. Each Unit was issued at a price $0.075 and consists of one common [...]
Comstock Metals Ltd. announces further to its press release on February 7, 2020, the consolidation of its common shares on the basis of post-consolidation share for every five pre-consolidation shares will be effected at 12:01 a.m. on Tuesday, May 26, 2020. The Company's post-consolidation common shares will be posted for trading on the TSX Venture Exchange at the opening of trading on Tuesday May 26, 2020, under the [...]
Comstock Metals announces further to its press release on February 7, 2020, the consolidation of its common shares on the basis of post-consolidation share for every five pre-consolidation shares will be effected at 12:01 a.m. on Tuesday, March 26, 2020. The Company's post-consolidation common shares will be posted for trading on the TSX Venture Exchange at the opening of trading on Tuesday March 26, 2020, under the [...]
Comstock Metals today announced that it is re-pricing its previously announced proposed non-brokered private placement of units . The offering of Units was initially to be completed at a price of $0.10 per Unit but this has now been amended to $0.075 per Unit. The total gross proceeds to be raised remains up to $300,000. The Units to be issued under the proposed Offering will consist of one common share of the Company and [...]
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