Look here for the answer by TheMattster. I implemented it and it worked like a charm. In a nutshell, his solution suggests to add the COM dll as a resource to the project (so now it compiles into the project's dll), and upon the first run write it to a file (i.e. the dll file I wanted there in the first place).
The following is taken from his answer.
Step 1) Add the DLL as a resource (below as "Resources.DllFile"). To do this open project properties, select the resources tab, select "add existing file" and add the DLL as a resource.
Step 2) Add the name of the DLL as a string resource (below as "Resources.DllName").
Step 3) Add this code to your main form-load:
if (!File.Exists(Properties.Resources.DllName))
{
var outStream = new StreamWriter(Properties.Resources.DllName, false);
var binStream = new BinaryWriter(outStream.BaseStream);
binStream.Write(Properties.Resources.DllFile);
binStream.Close();
}
My problem was that not only I had to use the COM dll in my project, I also had to deploy it with my app using ClickOnce, and without being able to add reference to it in my project the above solution is practically the only one that worked.