Comstock Mining Completes $8.1M Public Offering

Comstock Mining

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.