---
schema_version: "secwatch.filing_event.v1"
accession: "0001120970-24-000036"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:20:01.223607+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Comstock invests up to $3M in RenFuel 7% convertible notes for renewable fuel tech

## Summary
- Investment of up to $3M in 7% senior secured convertible notes over three years; first $350K funded.
- Notes mature April 30, 2034, convertible at lower of $30M pre-money valuation or RenFuel's most recent offering.
- Funds support joint development of renewable fuel technologies and a 100,000 TPY biorefinery project in Sweden.
- Comstock holds exclusive license to RenFuel's catalytic esterification technology in Americas for Bioleum oil refining into SAF and renewable diesel.
- Combined technologies expected to convert 1M TPY woody biomass into over 100M GGE of primarily SAF per year.

## SEC filing metadata
- accession: 0001120970-24-000036
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000112097024000036/0001120970-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000112097024000036/lode-20240419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001120970-24-000036
- JSON: https://secwatch.observer/filing/0001120970-24-000036.json
- Plain text: https://secwatch.observer/filing/0001120970-24-000036.txt

## Key facts
- Material Agreements
  Comstock Inc. entered into RenFuel Securities Purchase Agreement with Ren Fuel K2B AB (effective 2024-04-19).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Ren Fuel K2B AB
  - Effective: 2024-04-19
  source text: On April 19, 2024, Comstock Inc. (the “Company”) entered into a securities purchase agreement (the “RenFuel Securities Purchase Agreement”) with Ren Fuel K2B AB (“RenFuel”), whereby RenFuel issued to the Company twelve tranches of 7% Senior Secured Convertible Notes (collectively, the “RenFuel Notes”) in the principal amount of $250,000 each, up to an aggregate principal amount of $3,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120970/000112097024000036/0001120970-24-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.