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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Comstock Metals is pleased to announce a non-brokered private placement financing of units to raise gross proceeds of up to CDN$500,000 to fund exploration on the Company's properties and 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 [...]
Comstock Metals is pleased to announce that it has entered into an option agreement whereby it can acquire a 100% interest in five mining claims located in the Gowganda area of the historic Greater Cobalt Mining Camp of northern Ontario, comprising the Rawhide cobalt-silver property . Mines in the Greater Cobalt Mining Camp produced over 550 [...]
Comstock Metals is pleased to report on metallurgical test work recently completed on sample materials from the Preview SW deposit. Test work has been completed at ALS Metallurgy of Kamloops, in December 2017 under the direction of Jeffrey B. Austin, P.Eng and is a follow-up to previous testing completed in 20131. Test work in 2017 was focused on [...]
