07:38 AM EDT, 09/19/2024 (MT Newswires) -- Comstock (LODE) said Thursday it has secured a $3.5 million convertible debt financing with an option for another $1.5 million to support its commercial expansion in the fuels and metals sectors.

Additionally, the company said its solar panel recycling business earlier secured new contracts, and its low-carbon fuels segment entered into an international equity partnership.

Comstock shares fell 4% in recent premarket activity.

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