Contango Ore Inc. announced that it had a net loss of $ million, or $ per basic and diluted share, for the three months ended March 31, 2023 compared to a net loss of $ million or $ per basic and diluted share for the same period last year. For the nine months ended March 31, 2023, the Company reported a net loss of $ million, or $ per basic and diluted share, compared to a net loss of $ million or $ per basic and diluted [...]
Contango Ore Inc. is pleased to announce that it has entered into an agreement with ING CAPITAL LLC and Macquarie to arrange a US$70 million senior secured loan facility to fund its portion of the pre-production construction and working capital/operating expenditures for the Peak Gold Joint Venture , owner of the Manh Choh gold project in Alaska. The project has received the federal permits needed for road construction [...]
Contango Ore Inc. announced that it had a net loss of $ million, or $ per basic and diluted share, for the three months ended December 31, 2022 compared to a net loss of million or $ per basic and diluted share for the same period last year. For the six months ended December 31, 2022, the Company reported a net loss of million, or per basic and diluted share, compared to a net loss of million or per basic and diluted [...]
Contango Ore Inc. announced today the issuance and sale of an aggregate of 117,500 shares for $20.00 per share of the Company's common stock, par value $0.01 per share , and warrants entitling each purchaser to purchase shares of Common Stock for $25.00 per share , in a private placement pursuant to Subscription Agreements, dated as of January 19, 2023 between the Company and certain accredited investors . The [...]
Contango Ore Inc. announced today the issuance and sale of an aggregate of 283,500 shares for $20.00 per share of the Company's common stock, par value $0.01 per share , and warrants entitling each purchaser to purchase shares of Common Stock for $25.00 per share , in a private placement pursuant to Subscription Agreements, dated as of December 23, 2022 between the Company and certain accredited investors . The [...]
Contango Ore Inc. announced today that the Company held its annual meeting of stockholders on November 10, 2022 and the following directors were elected to serve until the 2023 annual meeting of stockholders: Brad Juneau Rick Van Nieuwenhuyse Joseph S. Compofelice Curtis J. Freeman Richard A. Shortz The following proposals were also approved by the stockholders: 1) The approval of the Second Amendment to the Amended and [...]
Contango Ore Inc. announced today it filed its Form 10-K for the year ended June 30, 2022 with the Securities and Exchange Commission. The Company reported a net loss of $23.5 million or per basic and diluted share for the year ended June 30, 2022 compared to a gain of $23.9 million or $3.82 per basic and diluted share for the same period last year. The decrease in the net income is due to the gain from the Company's sale [...]
Contango Ore Inc. announced that a major milestone has been achieved at the Company's 30% owned Manh Choh gold project. Kinross Gold Corp., the owner of KG Mining , LLC, which is the 70% owner, operator and manager of the Peak Gold LLC joint venture and Manh Choh, announced the results of the Feasibility Study for the Manh Choh project ahead of schedule. They also announced that the Kinross Board made a decision to [...]
Contango Ore Inc. announced that one of its founding board members, Joseph Greenberg will be resigning from the Company's board effective June 30, 2022. Mr. Greenberg has served on the Company's board of directors since 2010 when the Company went public. Mr. Greenberg has done a great service to CORE and its shareholders, and we wish him well as he pursues other interests. Mr. Greenberg is the Chief Executive Officer of [...]
Contango Ore Inc. announced that it had a net loss of $ million, or $ per basic and diluted share, for the three months ended March 31, 2022 compared to a net loss of $4.5 million or $ per basic and diluted share for the same period last year. For the nine months ended March 31, 2022, the Company reported a net loss of $16.9 million, or $ per basic and diluted share, for the nine months ended March 31, 2022 compared to a [...]
Contango Ore Inc. announced today that it closed on $20,000,000 unsecured convertible debenture to Queen's Road Capital Investment, Ltd. . The debenture was purchased at par. The closing and issuance of the debenture occurred on April 26, 2022. The Company will use the proceeds from the sale of the debenture to fund commitments to its Peak Gold, LLC joint venture, the exploration and development at its Lucky Shot [...]
Contango Ore Inc. announced today that it had entered into a binding agreement to issue a $20,000,000 unsecured convertible debenture to Queen's Road Capital Investment, Ltd. . The debenture will be purchased at par. The closing and issuance of the debenture is expected to occur on or prior to April 29, 2022, subject to customary closing conditions. The Company will use the proceeds from the sale of the debenture to fund [...]
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