Comstock (LODE) late Friday disclosed plans for a 1-for-10 reverse split of its stock to take effect following the close of regular trading on Feb. 24.
Beginning on Feb. 25, the renewable energy and mining company will have nearly 23.8 million outstanding shares, compared with its current total of almost 237.7 million shares.
Comstock shareholders authorized the reverse split at a special meeting early Friday.
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