Comstock Metals cancels C$6 million private placement of shares, units

Non-brokered offering was nixed due to unfavorable market conditions

By Devika Patel

Knoxville, Tenn., Nov. 15 - Comstock Metals Ltd. said it is canceling its C$6 million non-brokered private placement of stock and units due to unfavorable market conditions. The deal priced on Oct. 24.

Comstock is a gold and silver explorer based in Vancouver, B.C.

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