Comstock Inc. has filed a Form 8-K with the SEC, detailing a significant amendment to its existing financial obligations. The company has entered into a Second Note Amendment Agreement with Georges Trust, extending the payment deadline for a promissory note originally due on April 15, 2026, to July 15, 2026. This amendment is part of the company's ongoing efforts to manage its financial commitments effectively. The note, which has a remaining principal amount of $4,290,000, was previously amended in August 2025, when Comstock issued 1,500,000 shares of its common stock to the Noteholder as part of the agreement. The proceeds from the sale of these shares are intended to cover the obligations under the note. As of the latest filing, the value of these shares exceeds the remaining principal amount of the note, providing a buffer for the company. The extension of the payment deadline is expected to give Comstock additional time to stabilize its financial position and manage its cash flow more effectively. The company continues to work closely with its financial partners to ensure compliance with its obligations while pursuing its operational goals. This strategic move is seen as a positive step towards enhancing liquidity and reducing immediate financial pressure, although it does involve some dilution of equity due to the share issuance. Investors will be closely monitoring the company's performance in the coming months as it navigates these financial adjustments.

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