Market Overview

Comstock Mining Completes $8.1M Public Offering

Comstock Mining (NYSE: LODE) announced today the successful completion of its previously announced public offering of 3,692,673 shares of its common stock.

The net proceeds to the Company from the offering will be approximately $7.2 million, after deducting underwriting discounts, commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering for working capital, bonding/permitting and general corporate purposes.

Global Hunter Securities, LLC, Aegis Capital Corp., and Moelis & Company LLC are acting as joint-book running managers for the offering and North Square Blue Oak Ltd, as co-manager for the proposed offering.

Posted-In: News Offerings

 

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