Mackay Precious Metals Inc. Acquires Comstock Inc.'s Mining Assets
Acquiring Company
Mackay Precious Metals
Acquired Company
Comstock
Toronto
Virginia CityMiningPrecious MetalsMineralMining TechnologyOtherManufacturingEnergyReal EstateDescription
On August 24, 2026, Comstock Inc. announced the successful closure of a transaction involving the acquisition of its mineral, mining, processing, and mining-district-related real estate entities by Mackay Precious Metals Inc. This strategic acquisition allows Mackay to enhance its portfolio of mining assets significantly. The acquisition was conducted through Mackay's wholly owned subsidiary.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Comstock?
Comstock was acquired by Mackay Precious Metals, based in Toronto. The deal was reported on August 24, 2026. Mackay Precious Metals Inc. is a subsidiary of Mackay Gold & Silver Corp. that focuses on the acquisition and development of precious metals properties. Mackay Precious Metals is privately held and operates in Mining.
When did Mackay Precious Metals acquire Comstock?
Mackay Precious Metals's acquisition of Comstock was reported on August 24, 2026. On August 24, 2026, Comstock Inc. announced the successful closure of a transaction involving the acquisition of its mineral, mining, processing, and mining-district-related real estate entities by Mackay Precious Metals Inc. 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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