Market Overview

Comstock Mining Announces Public Offering of Common Stock


Comstock Mining (NYSE: LODE) announced today that it plans to make a public offering of its common stock. Global Hunter Securities, LLC, Aegis Capital Corp. and Moelis & Company LLC will act as joint-book running managers and North Square Blue Oak Ltd. as co-manager for the proposed offering.

The Company intends to use the net proceeds from the offering for working capital, bonding/permitting and general corporate purposes.

The offering of the shares will be made under the Company's effective shelf registration statement filed with the Securities and Exchange Commission (“SEC”). The Company intends to file a prospectus supplement with the SEC for the common stock offering to which this communication relates. When available, the prospectus supplement and accompanying base prospectus may be obtained by contacting: Global Hunter Securities, LLC, 777 Third Avenue, New York, NY 10017, 646-264-5600.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any shares of the Company's common stock, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus and a related prospectus supplement, which have or will be filed with the SEC.

Posted-In: News Offerings


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