Comstock Inc. (NYSE: LODE) has made important announcements that the board of directors of Comstock Inc. has nominated and appointed Dr. Güez Salinas as a new independent director to the Company’s Board of Directors and appointed Mr. Walter “Del” Marting as the Chairman of the Company’s Audit and Finance Committee. Additionally, Mr. Judd Merrill, a director of the company, has resigned. The changes will be effective as of April 5, 2023.
Dr. Salinas – A Cybersecurity and Artificial Intelligence Policy Expert
Dr. Salinas brings over 30 years of professional experience in engineering, strategy, finance, corporate management, and business development. He has a primary focus on cybersecurity and artificial intelligence policy and is currently an international cybersecurity expert at the Pacific Council on International Policy. Dr. Salinas has also been advising Quantum Generative Materials LLC (“GenMat”) on strategy and commercialization.
Dr. Salinas founded and serves as the Director Emeritus of The Polymathic Academy for the Teaching of the Humanities & Sciences (“The PATH”). He mentors and develops students’ multidisciplinary entrepreneurial pursuits. He also co-founded and serves as the Executive Director for The Law Enforcement Work Inquiry System (“LEWIS”). LEWIS, in partnership with Microsoft Corporation, serves as a touchpoint between peace officers and the community. Dr. Salinas, a U.S. Marine, also held positions in banking and private equity.
Mr. De Gasperis on Dr. Salinas
“We are honored to welcome Dr. Salinas and his perspective on the commercialization and rapidly growing positive impacts of generative artificial intelligence, and the security thereof, on our markets and society overall,” stated Mr. Corrado De Gasperis, Comstock’s executive chairman and chief executive officer. “His direct work with GenMat has forged an alignment and productivity that complements the current competencies of our Board.”
Mr. Marting – Founder and Managing Member of Brain Health Restoration
Mr. Marting was elected to the board of directors of Comstock in April of 2018. He is the Founder and Managing Member of CereCare, LLC, D/B/A Brain Health Restoration since March 2017, a firm focused on providing breakthrough rehabilitation treatment for individuals, including numerous veterans, suffering from brain disease, traumatic brain injury, and related substance use disorders, most commonly alcoholism and opioid addictions.
Mr. Marting’s Experience in Mining, Financial, Capital Markets, Transactional, and Corporate Governance
Mr. Marting is a deeply experienced mining, financial, capital markets, transactional, and corporate governance executive. Mr. Marting graduated from Yale University in 1969, with a BA in English and holds an MBA from Harvard Business School. Mr. Marting is a Navy veteran, including service with US Navy SEAL Team Two.
Mr. De Gasperis on Mr. Marting
“Del’s experience and counsel has been invaluable over the past five years, including his long tenure as a member of our Audit Committee, which he will now lead,” continued Mr. Corrado De Gasperis, Comstock’s executive chairman and chief executive officer. “We are sorry to see Judd step down and could not be more appreciative of his contributions and leadership on our board. I consider him one of the most reliable, professional, trustworthy, and productive professionals I have ever worked with. We wish him nothing but success in his future endeavors.”
Comstock Inc. (NYSE: LODE) has announced the appointment of Dr. Güez Salinas as a new independent director and Mr. Walter “Del” Marting as the Chairman of the Company’s Audit and Finance Committee. The Company also announced the resignation of Mr. Judd Merrill as a director of the company, all effective as of April 5, 2023.
Dr. Salinas’ extensive experience in cybersecurity and artificial intelligence policy, along with his work with GenMat, is expected to bring new perspectives to the board of directors. As an independent director, he will be able to offer insights into the commercialization and positive impacts of generative artificial intelligence and the security of markets and society overall.
On the other hand, Mr. Marting’s experience in mining, finance, and corporate governance, combined with his work in providing breakthrough rehabilitation treatment for brain diseases, traumatic brain injury, and substance use disorders, will bring a valuable perspective to the Audit and Finance Committee.
Mr. Judd Merrill, who resigned from the company, had been a valuable member of the board of directors, and his contributions and leadership will be missed. Mr. Corrado De Gasperis, Comstock’s executive chairman and chief executive officer, expressed his appreciation for Mr. Merrill’s professionalism, trustworthiness, and productivity during his tenure on the board.
Comstock Inc. is a leading precious metals exploration and development company with properties located primarily in Nevada and Northern Mexico. With the recent appointment of Dr. Salinas and Mr. Marting, the board of directors aims to continue its mission to develop high-quality mining assets and maximize shareholder value.
In conclusion, the addition of Dr. Salinas and Mr. Marting to the board of directors brings valuable experience and expertise to Comstock Inc. These changes are expected to enhance the company’s strategic decision-making processes and help the company achieve its long-term goals. The resignation of Mr. Merrill is a loss to the board, but the company is optimistic about the future with the addition of the new members.
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