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Mackay Precious Metals Inc. Acquires Comstock Inc.'s Mining Assets

PRIVATEAug 24, 2026

Acquiring Company

Mackay Precious Metals

Acquired Company

Comstock

TorontoVirginia CityMiningPrecious MetalsMineralMining TechnologyOtherManufacturingEnergySustainabilityNatural ResourcesReal Estate

Description

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.

Quick answer

Mackay Precious Metals is acquiring Comstock, announced August 24, 2026. Mackay Precious Metals is based in Toronto, Ontario, Canada.

How much did Mackay Precious Metals pay for Comstock?
The deal value was not disclosed.
What does Mackay Precious Metals do?
Mackay Precious Metals Inc. is a subsidiary of Mackay Gold & Silver Corp. that focuses on the acquisition and development of precious metals properties.
Where are Mackay Precious Metals and Comstock based?
Mackay Precious Metals is based in Toronto, Ontario, Canada. Comstock is based in Virginia City, Nevada, United States.

Source: Fundz verified event record.

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Company Information

Company

Mackay Precious Metals

Location

Toronto, Ontario, Canada

About

Mackay Precious Metals Inc. is a subsidiary of Mackay Gold & Silver Corp. that focuses on the acquisition and development of precious metals properties. The company aims to enhance the value of its mining district-related assets through innovative techniques and dedicated expertise. Its strategic positioning in the mining industry allows it to leverage market opportunities effectively.

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Frequently 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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