Comstock Inc. reports Q3 2024 results, revenue up to $1.4M, and secures $325M funding term sheet

Comstock Inc.

2024-Q3 EPS reported -$0.20 revenue$1,417,158

Revenue increased to $1.4M for nine months ended Sep 30, 2024, from $0.8M in prior period.
Comstock Fuels executed agreements for three industry-scale fuel hubs and delivered HBO samples.
Comstock Metals recorded first revenues from recycled aluminum and secured new solar panel contracts.
Comstock executed a binding agreement to acquire GenMat's AI materials discovery platform and assets.
Indicative term sheet for $325M funding from SBCC, including $200M for fuels, $22M for metals, $50M for mining.

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