Vancouver, BC / TheNewswire / August 21st, 2018 - Comstock Metals Ltd. is pleased to announce that it has completed the purchase of 1,000,000 units of E3 Metals Corp. . This investment expedites Comstock's entry into the battery metals space as the Company gains significant exposure to a developing extraction technology and one of the largest published 43-101 lithium resources in the world at combined 6.7 Mt LCE . . As [...]
Vancouver, BC / TheNewswire / August 8th 2018 - Comstock Metals Ltd. is pleased to announce that it has entered into a joint venture with E3 Metals Corp. . The joint venture will look to acquire and develop prospective mineral assets in the battery metal space. E3 Metals will provide the technical exploration and engineering expertise to evaluate prospective projects. The venture will seek opportunities to deploy E3 [...]
Comstock Metals is pleased to provide an update on its 2018 exploration plans for its Rawhide Property which consists of 10 single cell and 41 boundary cell mining claims located in the Gowganda area of the historic Greater Cobalt Mining Camp of northern Ontario. Comstock will be moving forward its cobalt-silver Rawhide Project this summer and have engaged APEX Geoscience Ltd. to run and manage the program. APEX has sent [...]
Comstock Metals Ltd. announced today that it proposes to issue an aggregate of 500,000 common shares in satisfaction of Cdn$25,000 of indebtedness. This indebtedness is owing to the optionor of the Company's QV Property for the 2018 advance royalty payments. The deemed issue price of the common shares for this indebtedness is $0.05 per share. The Company is satisfying the foregoing indebtedness with common shares based on [...]
Comstock Metals is pleased to announce that at it has closed its previously disclosed non-brokered private offering of units . Pursuant to the offering the Company issued a total of 12,127,400 Units at a price of $0.05 per Unit raising aggregate gross proceeds of $606,370. Each Unit was issued at a price $0.05 and consists of one common share in the capital of the Company and one common share purchase warrant . Each [...]
Comstock Metals is pleased to provide an update on its previously announced non-brokered private placement financing of units. As previously disclosed, the Company intends to raise gross proceeds of up to CDN$500,000 for general corporate purposes. The Company will have the option of increasing the size of the offering by up to $200,000 prior to closing. It is proposed that each Unit will be issued at a price of CAD$0.05 [...]
Comstock Metals announced today that certain officers and directors have been issued an aggregate of 2,450,000 options pursuant to the Company's option plan. 1,600,000 options have been granted effective today with each such option being exercisable into one common share at an exercise price of $0.07 at any time on or before the fifth anniversary of its issuance. The remaining options have been approved for issuance with [...]
Comstock Metals is pleased to announce that the TSX Venture Exchange has approved the previously disclosed extension of the expiry date of the common share purchase warrants issued in connection with the private placement of 12,506,671 units that was completed in two closings on June 9, 2016 and June 27, 2016. Each of the 12,506,671 warrants permit the holders thereof to acquire one common share at an exercise price of [...]
VANCOUVER, British Columbia, May 23, 2018 -- Comstock Metals Ltd. is pleased to announce that, subject to receipt of TSX Venture Exchange approval, it will be extending the expiry date of the common share purchase warrants issued in connection with the private placement of 12,506,671 units that was completed in two closings on June 9, 2016 and June 27, 2016. Each of the 12,506,671 warrants permit the holders thereof to [...]
VANCOUVER, British Columbia, May 17, 2018 -- Comstock Metals Ltd. is pleased to announce that each of the items presented to the directors at the annual and special meeting of shareholders held yesterday were approved by the requisite majority of votes. In addition, the Company is pleased to announce that, in addition to Mr. Steven Goldman, Mr. Rasool Mohammad and Mr. Robert Luffman, Mr. Arnold Tenney was nominated and [...]
VANCOUVER, British Columbia, May 15, 2018 -- Comstock Metals Ltd. announces Steven H. Goldman as Interim President and CEO; the Company has accepted the resignation of each of Dr. David Terry Ph.D. as President, Chief Executive Officer and Director and Mr. Ken Kuchling and Mr. Douglas Turnbull as Directors. Dr. Terry, Mr. Kuchling and Mr. Turnbull are leaving to pursue other interests. Steven H. Goldman, a member of the [...]
Comstock Metals wishes to provide a correction to the information contained in its management information circular for the 2018 annual and special meeting of shareholders to be held on May 16, 2018. In the table on page of 11 of such circular the number of shares of the Company beneficially owned or controlled by Robert Luffman indicated 2,500,000 shares. This number should have read 5,000 common shares. For more [...]
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