Comstock raises $57.5M equity, reports Q1 cash of $53M; metals commissioning June 2026

Comstock Inc.

Completed oversubscribed equity financing of $57.5M gross ($53.1M net) to accelerate metals recycling.
Cash and equivalents $53.0M at Mar 31, 2026; $44.3M at May 5, 2026; shares outstanding 74.1M at Q1 end.
Extinguished ~$5M earnout liability with 1.75M shares; sold mining royalties for additional $1.4M.
Comstock Metals equipment installed, commissioning ongoing; first industry-scale facility operations expected by end of Q2 2026.
Entered $22M surety arrangement (up to $54M by Dec 2027) securing 250-300 MW power for Nevada real estate.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Comstock Inc. reported financial results for first quarter ended March 31, 2026.

Period: first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On May 7, 2026, Comstock Inc. announced its results of operations for the first quarter ended March 31, 2026.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

Comstock Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-015741

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