• Comstock Mining agreed to sell its legacy mining and related real estate subsidiaries to Mackay Precious Metals for over USD 45 million.
• Consideration includes over USD 30 million in cash and stock, a retained 1.5% NSR royalty, assumption of reclamation liabilities, and a USD 10 million contingent payment.
• At closing, Comstock expects USD 20 million cash, 2,000,000 Mackay Gold & Silver shares valued at over USD 3.5 million.
• A secured USD 7 million second tranche is due within 18 months; up to USD 2 million may be paid in additional shares.
• Comstock expects more than USD 1.5 million in annualized cost savings from exiting the mining-asset holding and compliance footprint.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Comstock Mining Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606220615PRIMZONEFULLFEED9750203) on June 22, 2026, and is solely responsible for the information contained therein.