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Stock impact report

Comstock Fuels Executes Commercial Agreement for Fourth Site

Comstock Inc. (LODE) 
Company Research Source: GlobeNewswire
VIRGINIA CITY, Nev., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced execution of a binding amendment to an existing agreement between Comstock Fuels Corporation (“Comstock Fuels”) and SACL Pte. Limited (“SACL”), a Singapore-based renewable fuel project developer, under which Comstock Fuels agreed to grant SACL an exclusive marketing agreement for Comstock Fuels’ advanced lignocellulosic biomass refining processes in Vietnam. The amendment was executed to increase SACL’s territory to facilitate the financing, construction, and operation of SACL’s first planned site in Vietnam, in addition to three existing sites currently under development in Australia, now totaling over 460 million gallons of renewable fuels, with an emphasis on sustainable aviation fuel (“SAF”). Early Adopter License Terms SACL and its stakeholders previously identified three qualified sites for the construction of three Bioleum™ Refineries based on Com Show less Read more
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