---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-028777"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2026-08-24T10:30:28+00:00"
generated_at: "2026-08-24T10:35:14.643976+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Comstock closes $45M sale of mining assets to Mackay; receives $20M cash

## Summary
- Total transaction value >$45M; Comstock received $20M cash plus 2M Mackay shares worth ~$4.5M.
- Expects to record gain of $10-12M with no cash taxes; secured $7M second-tranche payment due within 18 months.
- Sold all four mining subsidiaries (mining claims, processing assets, permits, water rights); retains 1.5% NSR royalty ($3.5M buyout option).
- Potential $10M contingent payment if mine construction decision or change-of-control ≥$500M within 7 years.
- Estimated $1.5M annual operational savings from reduced payroll, permitting, and compliance costs.

## SEC filing metadata
- accession: 0001437749-26-028777
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2026-08-24T10:30:28+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000143774926028777/0001437749-26-028777-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000143774926028777/lode20260818_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-028777
- JSON: https://secwatch.observer/filing/0001437749-26-028777.json
- Plain text: https://secwatch.observer/filing/0001437749-26-028777.txt

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