Comstock Mining to price public offering of 10,169,492 common shares

Deal funds drilling and development of the Lucerne underground program

By Devika Patel

Knoxville, Tenn., Oct. 19 – Comstock Mining Inc. said it will sell 10,169,492 common shares in a public offering.

Settlement is expected Oct. 20.

Proceeds will be used to accelerate the drilling and development of the Lucerne underground program, accelerate planning and prerequisites for the next phase of Dayton drilling and development and general corporate purposes.

Comstock Mining is a Virginia City, Nev.-based gold and silver mining company.

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