Acquiring Company
Mackay Gold & Silver
Acquired Company
Comstock
Description
Mackay Gold & Silver Corp. has completed its acquisition of Comstock Inc.'s mining assets in Nevada, expanding its land holdings by 70%. The acquisition consolidates the largest claim package in Comstock District history under Mackay's ownership. A total payment of $20 million in cash was made, along with the issuance of shares. The acquisition positions Mackay for further exploration and development of the area's gold and silver deposits.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Comstock?
Comstock was acquired by Mackay Gold & Silver, based in Vancouver. The deal was reported on August 24, 2026. Mackay Gold & Silver Corp. is focused on the exploration and development of mining properties in the historic Comstock District. The company aims to consolidate and explore the area’s mining resources. Mackay Gold & Silver is privately held and operates in Mining.
When did Mackay Gold & Silver acquire Comstock?
Mackay Gold & Silver's acquisition of Comstock was reported on August 24, 2026. Mackay Gold & Silver Corp. has completed its acquisition of Comstock Inc.'s mining assets in Nevada, expanding its land holdings by 70%. The acquisition consolidates the largest claim package in Comstock District history under Mackay's ownership. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Comstock do?
It is publicly traded (LODE), operating in Other, and is based in Virginia City.
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