• Comstock Mining agreed to sell 100% of its mineral, mining, processing, and related district real estate entities to Mackay Precious Metals for over $45 million.
• Consideration includes over $30 million in cash and stock, a retained 1.5% NSR royalty, liability assumption for reclamation, a $10 million contingent payment.
• At closing, proceeds expected to include $20 million cash, 2,000,000 Mackay Gold & Silver shares valued at over $3.5 million.
• A secured $7 million second-tranche cash payment due within 18 months; up to $2 million may be paid in Mackay shares.
• Comstock expects more than $1.5 million in annualized cost savings; Mackay can buy back the royalty for $3.5 million, rising to $7 million if no contingency triggers.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-021491), on June 24, 2026, and is solely responsible for the information contained therein.