Comstock Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

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Date of Report (Date of earliest event reported): May 9, 2025

 

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Registrant’s Telephone Number, including Area Code: (775) 847-5272

 

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      ☐

 

 

 

On May 9, 2025, Comstock Inc.’s (the “Company”) Board of Directors appointed Mr. Judd B. Merrill, as Chief Financial Officer of the Company and President of the Company’s wholly-owned mining subsidiary, Comstock Mining LLC, that, together with the Company’s other affiliated mining activities, controls all of the Company’s mineral exploration and mining assets.

 

Mr. Merrill, age 54, most recently served as Chief Financial Officer of Aqua Metals, Inc., (NASDAQ: AQMS) a Nevada-based metal recycling company, from November 2018 to May 2025. Prior to AQMS, from May 2016 to November 2018, Mr. Merrill served as the Chief Financial Officer and Director of Finance & Accounting at Klondex Mines Ltd., a Nevada-based international mining company listed on both the Toronto and New York Stock Exchanges (NYSE: KLDX) where he was part of the senior leadership team that facilitated its successful acquisition by Hecla Mining Company (NYSE: HL).

 

Prior to joining Klondex, Judd served as Chief Financial Officer and Corporate Secretary of the Company (NYSE: LODE) from December 2011 to May 2016, and prior to joining the Company, he also served as Controller and Treasurer for Fronteer Gold, Inc. (TSE:FRG), a gold exploration company successfully acquired by Newmont Mining Corp (NYSE:NEM). Mr. Merrill began his career at Deloitte & Touche LLP and spent six years working in broader financial accounting, reporting and internal controls. Mr. Merrill holds a Bachelor of Science in Accounting from Central Washington University and he received an M.B.A. from the University of Nevada, Reno and is a licensed Certified Public Accountant (“CPA”).

 

Mr. Merrill will be entitled to an annual salary of $389,500.

 

The press release announcing the changes to the management of the Company is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

 

d) Exhibits.

 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.