VIRGINIA CITY, Nev., April 24, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" or the "Company") announced today that earlier this week, the Company, Alvin Fund, and GHF Inc. amended their promissory notes and extended the maturities for all three existing promissory notes until April 15, 2026. "GHF and Alvin have been dedicated and reliable stakeholders with a productive working relationship that spans almost a decade. We appreciate having the access and flexibility from this type of long-term capital, especially as we are capitalizing on our first-mover advantage in solar panel recycling, commercializing fuels and expanding the technology readiness and partnerships that grow our leads," stated Corrado De Gasperis, Comstock's Executive Chairman and CEO. Comstock Metals is commercial now and is currently deploying its first commercial demonstration facility in Silver Springs, NV, while it begins preliminary design and engineering for its next 2-3 industry scale facilities and related storage sites. These metals-based wastes can cause a massive amount of pollution if simply allowed to be landfilled. Comstock Fuels biorefining technologies are commercially ready and offer growth-enabling performance for prospective customers. Comstock Fuels is actively engaged in commercial discussions, including joint developments and licensing agreements representing future revenues from engineering services, designed to define and enable renewable fuel hubs. In addition to the new maturity date of April 15, 2026, the Company also agreed to increase the interest rates to 12% per annum for two of the three notes and included an additional payment equal to two months of interest, in the event that they are paid off prior to maturity and adjusted and extended certain warrants priced at $0.4555 until December 31, 2025. About Comstock Comstock Inc. (NYSE:LODE) commercializes innovative technologies that contribute to global decarbonization by efficiently converting under-utilized natural resources, primarily, woody biomass into net zero renewable fuels, end-of-life metal extraction, and generative AI-enabled advanced materials synthesis and mineral discovery. To learn more, please visit www.comstock.inc. Comstock Social Media PolicyComstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its Twitter, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Forward-Looking Statements  This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the ...