Comstock Inc. Files 2025 Proxy Statement

TL;DR

Comstock Inc. (LODE) dropped its 2025 proxy statement, shareholders vote soon.

AI Summary

Comstock Inc. filed its definitive proxy statement on January 23, 2025, for its fiscal year ending December 31, 2024. The filing, designated as DEF 14A, pertains to the company's annual meeting and related shareholder matters. The company's principal executive offices are located at 117 American Flat Road, Virginia City, NV.

Why It Matters

This filing provides shareholders with essential information regarding the company's governance, executive compensation, and proposals to be voted on at the upcoming annual meeting, impacting their investment decisions.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) and does not contain new material financial information or significant strategic changes.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• Comstock Inc. (company) — Registrant
• 117 American Flat Road, Virginia City, NV 89440 (company) — Business Address
• 20250123 (date) — Filing Date
• 20250214 (date) — Period of Report

FAQ

Key Financial Figures

• $0.000666 — and outstanding common stock, par value $0.000666 per share (with no change to the author
• $0.30 — mon stock may trade below the requisite $0.30 per share price needed to reliably main

Filing Documents

• lode20250113_def14a.htm (DEF 14A) — 129KB
• a01.jpg (GRAPHIC) — 102KB
• a02.jpg (GRAPHIC) — 122KB
• comstock01.jpg (GRAPHIC) — 8KB
• 0001437749-25-001625.txt ( ) — 449KB

From the Filing

DEF 14A 1 lode20250113_def14a.htm FORM DEF 14A lode20250113_def14a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION 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 the appropriate box): No fee required Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. Fee paid previously with preliminary materials. COMSTOCK INC. 117 American Flat Road Virginia City, NV 89440 January 23, 2025 Dear Fellow Stockholder: We cordially invite you to a special meeting (the "Special Meeting") of stockholders of Comstock Inc. (the "Company"), which will be held virtually at 9:00 a.m. Pacific Standard Time ("PST") on February 14, 2025. All stockholders of record at the close of business on January 2, 2025, are entitled to vote at the Special Meeting. The formal meeting notice and Proxy Statement are attached. At the Special Meeting, stockholders will be asked to: 1. authorize our Board of Directors to effect, in its discretion, a reverse stock split of all of our issued and outstanding common stock, par value $0.000666 per share (with no change to the authorized capital stock of the Company), at a specific ratio, ranging from one-for-five (1:5) to one-for-twenty (1:20), with the timing and ratio to be determined by the Board if effected; and 2. transact such other business as may properly come before the meeting or any adjournment or postponement of the meeting. We look forward to seeing you on February 14, 2025. Sincerely, /s/ Corrado DeGasperis Corrado DeGasperis Executive Chairman of the Board, Chief Executive Officer COMSTOCK INC. NOTICE OF SPECIAL MEETING OF STOCKHOLDERS TO BE HELD FEBRUARY 14, 2025 NOTICE IS HEREBY GIVEN that a special meeting of stockholders (the "Special Meeting") of Comstock Inc., a Nevada corporation (the "Company"), will be held as a virtual meeting at 9:00 a.m. Pacific Standard Time ("PST") on February 14, 2025, for the following purposes, as more fully described in the Proxy Statement accompanying this notice: 1. authorize our Board of Directors to effect, in its discretion, a reverse stock split of all of our issued and outstanding common stock, par value $0.000666 per share (with no change to the authorized capital stock of the Company), at a specific ratio, ranging from one-for-five (1:5) to one-for-twenty (1:20), with the timing and ratio to be determined by the Board if effected; and 2. transact such other business as may properly come before the meeting or any adjournment or postponement of the meeting. All stockholders of record at the close of business on January 2, 2025, are entitled to notice of and to vote at the Special Meeting and any adjournment(s) or postponement(s) thereof. We cordially invite all stockholders to attend the Special Meeting. Whether or not you plan to attend, it is important that your shares be represented and voted during the meeting. As an alternative to voting online during the Special Meeting, you can vote your shares electronically over the Internet, or if you receive a proxy card or voting instruction form in the mail, by mailing the completed proxy card or voting instruction form. For detailed information regarding voting instructions, please refer to the section entitled "How do I vote?" on page 2 of the Proxy Statement. By Order of the Board of Directors, /s/ Corrado DeGasperis Corrado DeGasperis Executive Chairman of the Board, Chief Executive Officer Virginia City, Nevada January 23, 2025 YOUR VOTE IS VERY IMPORTANT REGARDLESS OF THE NUMBER OF SHARES YOU OWN. PLEASE READ THE ATTACHED PROXY STATEMENT CAREFULLY. TO ENSURE YOUR REPRESENTATION AT THE SPECIAL MEETING, PLEASE PROMPTLY SUBMIT YOUR PROXY OR VOTING INSTRUCTION ELECTRONICALLY OVER THE INTERNET OR BY EMAIL, OR IF YOU RECEIVE A PAPER PROXY CARD OR VOTING INSTRUCTION FORM, YOU MAY MAIL THE COMPLETED PROXY CARD OR VOTING INSTRUCTION FORM IN THE ENCLOSED POSTAGE-PAID ENVELOPE. COMSTOCK INC. 117 American Flat Road Virginia City, NV 89440 PROXY STATEMENT FOR SPECIAL MEETING OF STOCKHOLDERS VOTING AND PROXY This proxy statement ("Proxy Statement") is being furnished in connection with the solicitation of proxies by Comstock Inc. ("we," "us," the "Company," or "Comstock")'s Board of Directors ("Board") for use at a special meeting of stockholders (the "Special Meeting") to be held virtually on February 14, 2025, and at any adjournment(s) o

View Full Filing

View this DEF 14A filing on SEC EDGAR