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Mackay Gold & Silver completes acquisition of Comstock's mining assets, expanding Nevada holdings by 70%.

Company Fundamentals
24 Aug 2026
Newsfile Corp
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Bullish
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Mackay Gold & Silver Corp. has finalized its acquisition of 100% of Comstock Inc.'s mining assets in Nevada, increasing its land holdings by 70% to 4,343 hectares. This consolidation unites the district's three major vein systems under one owner for the first time, enhancing exploration potential in the historic Comstock District. The deal includes two gold-silver deposits and a processing facility, with Mackay well-funded and actively drilling to unlock value. The acquisition also involves structured payments and royalty agreements, subject to regulatory approval.

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Applied Optoelectronics shares drop 12% after $600M equity raise plan sparks sector selloff

Applied Optoelectronics shares drop 12% after $600M equity raise plan sparks sector selloff

Applied Optoelectronics announced a $600 million at-the-market equity offering, causing its shares to fall 12% amid concerns of dilution. The company plans to use the funds for expansion and debt repayment, supporting strong demand that outpaces prod...

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Zerostack's crypto holdings valued at $1.06B, stock trades 74% below crypto value per share

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Zillow resolves FTC dispute, continues Redfin rental listing partnership with new standalone options.

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Micron invests $10B in AI memory research, aiming to shift from commodity to strategic tech.

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ePlus completes acquisition of Daymark to boost cloud services and expand in Northeast US

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