Item 8.01 Other Events

As previously announced, on November 13, 2012, Comstock Mining Inc. (the "Company") entered into an Underwriting Agreement (the "Underwriting Agreement") between the Company and Global Hunter Securities, LLC, as representative of several underwriters (the "Underwriters"), pursuant to which the Company agreed to sell 3,692,673 shares of the Company's common stock to the Underwriters. Pursuant to the terms of the Underwriting Agreement, the Company granted the Underwriters a 30-day option to purchase up to an additional 553,900 common shares at the same public offering price, to cover over-allotments. On December 13, 2012, the Underwriters exercised such over-allotment option and completed the purchase of 553,900 common shares at the public offering price of $2.19 per share.

On December 14, 2012, the Chairman of the Company, John Winfield reported the completion of the private sale of 651 shares of Series A-1 Convertible Preferred Stock, for the purpose of tax and financial planning and other tax related matters. The Company advised him that it intends to file a registration statement prior to year end on behalf of the holders of its Series A-1 Convertible Preferred Stock, including Mr. Winfield, as required by the terms of a registration rights agreement with such holders.