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Comstock (LODE) +1.9% pre-market Monday after saying it received approval from the Lyon County Board of County Commissioners for a permit to operate a lithium-ion battery...
Monday, March 8, 2021 Recent M&A Activity: February 1, 2021: Microvast Inc. agreed to merge with Tuscan Holdings Corp., a special purpose acquisition company. The newly combined company, named Microvast Holdings, will be publicly listed on Nasdaq. Microvast is a producer of battery technologies for commercial and specialty vehicles, including electric vehicles. February 2, 2021: EnergyWyze was acquired by SinglePoint for an undisclosed amount. EnergyWyze acquires and develops market leads for large solar companies including Vivint Solar, SunEdison, and Crius Solar. SinglePoint ...
Comstock Mining stock surged Wednesday on a deal to buy a 64% stake in Linico, a lithium-ion battery recycler.
LODE Stock: Lithium-Ion Battery Deal Fuels Comstock Mining Stock InvestorPlace 2/17/2021 Comstock Mining (NYSEAmerican: LODE) surged more than 230% higher after a deal that will give it control of Linico Corp., a lithium-ion battery (LIB) recycling company. Comstock will pay $4.5 million in cash and 3.0 million shares of its restricted LODE stock, which represents a total consideration of $10.75 billion. © Provided by InvestorPlace Lithium is a widely used material in EV batteries. With the U.S., Europe and China quickly shifting to vehicle electrification, lithium demand is set to soar t...