Comstock Inc. Announces 2024 Annual Meeting of Shareholders

TL;DR

<b>Comstock Inc. will hold its virtual Annual Meeting on May 30, 2024, for shareholders to elect directors, ratify auditors, and vote on executive compensation.</b>

AI Summary

Comstock Inc. (LODE) filed a Proxy Statement (DEF 14A) with the SEC on April 16, 2024. The Annual Meeting of shareholders for Comstock Inc. will be held virtually on May 30, 2024, at 9:00 a.m. PDT. Shareholders will vote on the election of seven nominees to the Board of Directors. The appointment of Assure CPA, LLC as the independent registered public accounting firm for fiscal year 2024 will be ratified. A non-binding advisory resolution on the compensation of named executive officers will be presented for approval. Record holders of Comstock's common stock as of April 2, 2024, are eligible to vote.

Why It Matters

For investors and stakeholders tracking Comstock Inc., this filing contains several important signals. The meeting's virtual format allows for broader shareholder participation regardless of location. Key corporate governance matters, including director elections and executive compensation, are on the agenda, reflecting standard annual shareholder engagement.

Risk Assessment

Risk Level: — Comstock Inc. shows moderate risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting and does not contain new financial or operational information that would indicate significant risk.

Analyst Insight

Shareholders should review the proxy materials to make informed voting decisions on director nominees and executive compensation.

Key Numbers

• May 30, 2024 — Annual Meeting Date (Comstock Inc. Annual Meeting of Shareholders)
• April 2, 2024 — Record Date (Shareholders of record on this date may vote)
• 7 — Director Nominees (Number of nominees for the Board of Directors)

Key Players & Entities

• Comstock Inc. (company) — Registrant
• Assure CPA, LLC (company) — independent registered public accounting firm
• May 30, 2024 (date) — Annual Meeting date
• April 2, 2024 (date) — Record date for voting
• April 16, 2024 (date) — Mailing date of proxy materials

FAQ

Industry Context

Comstock Inc. operates in the industrial organic chemicals sector, as indicated by its SIC code. This filing is a standard proxy statement for a publicly traded company.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the proposal for ratifying the independent auditor.
3. Evaluate the advisory resolution on executive compensation.

Key Dates

• 2024-05-30: Annual Meeting of Shareholders — Shareholders will elect directors, ratify auditors, and vote on executive compensation.
• 2024-04-02: Record Date — Determines which shareholders are eligible to vote at the meeting.
• 2024-04-16: Mailing Date — Approximate date proxy materials were mailed to shareholders.

Year-Over-Year Comparison

This filing is a DEF 14A, indicating it is a definitive proxy statement for the annual shareholder meeting, a routine regulatory filing.

Key Financial Figures

• $0.000666 — d shares of our common stock, par value $0.000666 per share ("Common Stock") on April 2,

Filing Documents

• def14a2024.htm (DEF 14A) — 430KB
• comstock_wordmarkxfullxcola.jpg (GRAPHIC) — 91KB
• jpg1a.jpg (GRAPHIC) — 98KB
• jpg2a.jpg (GRAPHIC) — 108KB
• jpg3a.jpg (GRAPHIC) — 86KB
• jpg4a.jpg (GRAPHIC) — 90KB
• proxygraph-actualcomptonia.jpg (GRAPHIC) — 57KB
• proxygraph-actualcomptotsra.jpg (GRAPHIC) — 57KB
• 0001120970-24-000033.txt (&nbsp;) — 1237KB

From the Filing

DEF 14A 1 def14a2024.htm DEF 14A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement Confidential, for Use of the Commission only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Under 240.14a-12 COMSTOCK INC. (Name of Registrant as Specified in Its Charter) NOT APPLICABLE (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply) No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. COMSTOCK INC. 117 American Flat Road P.O. Box 1118 Virginia City, Nevada 89440 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS NOTICE IS HEREBY GIVEN that the Annual Meeting of shareholders of Comstock Inc. ("Comstock" or the "Company") will be held as a virtual meeting on May 30, 2024, at 900 a.m. Pacific Daylight Time ("PDT"), to 1. Elect the seven named nominees to the Board of Directors (our "Board") for the ensuing year or, if earlier, until their successors are duly elected and qualified 2. Ratify the appointment of Assure CPA, LLC, as our independent registered public accounting firm, for the fiscal year ending December 31, 2024 3. Approve a non-binding advisory resolution for the compensation of our named executive officers and 4. Conduct any other business that may properly come before the meeting or any adjournments or postponements thereof. Holders of shares of Comstock's common stock of record at the close of business on April 2, 2024, may vote at the meeting. The approximate mailing date of this notice, accompanying proxy statement and proxy card is April 16, 2024. UNLESS YOU PROVIDE SPECIFIC INSTRUCTIONS AS TO HOW TO VOTE, BROKERS MAY NOT VOTE YOUR SHARES OF COMMON STOCK ON THE ELECTION OF DIRECTORS OR THE NON-BINDING ADVISORY RESOLUTION RELATING TO THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. This year, we are again making our Annual Meeting materials accessible to our shareholders electronically, as permitted under the "Notice and Access" rules approved by the Securities and Exchange Commission. Shareholders that do not opt out of Notice and Access will receive a Notice of Internet Availability of Proxy Materials containing instructions on how to access Annual Meeting materials via the internet. The Notice also provides instructions on how to obtain paper copies if preferred. 1 To ensure your vote is counted, please vote your shares promptly by completing, signing, dating, and returning the Company provided proxy card in the postage-paid envelope provided, or by telephone or Internet, regardless of whether you plan on attending the virtual meeting. If you are present at the virtual meeting, you may supersede your proxy and vote online, even if you have already voted your proxy by mail, telephone, or Internet. By Order of the Board of Directors April 16, 2024 2 PROXY STATEMENT FOR ANNUAL MEETING OF SHAREHOLDERS COMSTOCK INC. TO BE HELD May 30, 2024 APPROXIMATE DATE OF MAILING – April 16, 2024 This Proxy Statement ("Proxy Statement") sets forth certain information about the accompanying proxy for the 2024 Annual Meeting of shareholders of Comstock Inc. (the "Meeting"), or any adjournments or postponements thereof, for the purposes set forth in the accompanying Notice of Annual Meeting. The Meeting will be called to order at 900 a.m., PDT, on May 30, 2024. The Meeting will be held online in a virtual-only format via webcast. The meeting will be accessible at www.virtualshareholdermeeting.comLODE2024. Comstock shareholders as of the record date of April 2, 2024, can participate in the online annual meeting, including to vote your shares electronically andor submit questions during the meeting. Meeting attendants must be a shareholder on the record date and have previously registered for the Meeting. Shareholders can register for the Meeting by visiting www.proxyvote.com and using your 16 digit control number located in your proxy materials and selecting "Attend a Meeting." Registered shareholders will receive a confirmation e-mail and Meeting instructions. Once registered, you can participate in the Meeting by visiting www.virtualshareholdermeeting.comLODE2024 and entering the same 16-digit control number used to preregister and also located in your confirmation e-mail. Beneficial shareholders without a 16-digit control number should follow the instructions provided on the voting instruction form. Electronic entry to the Meeting will begin at 830 a.m. PDT 1130 a.m. EDT and the Meeting will begin promptly at 900 a.m. PDT 1200 p.m. EDT. The Board

View Full Filing

View this DEF 14A filing on SEC EDGAR