Comstock amends $8.4M notes, settles $10.6M note, Q2 loss $7.8M, two execs depart

Comstock Inc.

Issued 2.9M shares to creditors for $8.39M in notes; warrants extended to Dec 2027 at $4.56/share.
Paid $2.5M cash + 447,724 shares to Kips Bay to satisfy $10.6M convertible note (payoff agreement).
Preliminary Q2 2025: cash $18.6M, revenue $0.3M (Q2) & $1.1M (6mo), net loss $7.8M (Q2) & $16.9M (6mo).
David Winsness and Rahul Bobbili resigned as officers/directors of Comstock entities to join Bioleum Corporation.

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