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Comstock Metals Ltd. (CMMMF) is a public company that has transitioned from a mining exploration company to exploring new opportunities. The company recently borrowed $210,000 to exercise rights in MAS Gold Corp. The loan transactions were approved by the disinterested directors of the Company.
The company sold its resource stage gold project in Saskatchewan to MAS Gold and has received 27,775,000 common shares in MAS Gold after the transaction. Comstock has entered into a loan agreement to exercise rights in MAS Gold, which management believes is in the best interest of the Company.
Comstock Metals Ltd. is currently focused on identifying new opportunities for growth and development.
FAQ
What is the market cap of COMSTOCK METALS (CMMMF)?
What is Comstock Metals Ltd. (CMMMF) focused on currently?
What recent financial transaction did the company engage in?
How many common shares did Comstock Metals Ltd. receive in MAS Gold after selling its project in Saskatchewan?
What was the reason for the company's exchange listing being transferred to the NEX board of the TSX Venture Exchange?
What is the trading symbol for Comstock Metals Ltd. after the transfer to the NEX board?
Who approved the loan transactions related to Comstock Metals Ltd.?
What type of company is Comstock Metals Ltd. (CMMMF)?
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What recent transition did Comstock Metals Ltd. undergo?