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 [...]
Contango Ore Inc. announced today that it had received updates to the projected 2022 budget for Peak Gold, LLC , in which the Company holds a non-controlling 30% interest. Peak Gold JV plans to mine ore from the Main and North Manh Choh deposits located within the State of Alaska . The Company's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on February 10, 2022 disclosed that the Peak [...]
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, 2021 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, 2021, the Company reported a net loss of million, or per basic and diluted share, for the six months ended December 31, 2021 compared to a net [...]
Contango Ore Inc. is pleased to provide shareholders and investors a review of accomplishments in 2021 as well as our plans for 2022. Outlined below are the 2021 accomplishments followed by plans for our 30% owned Manh Choh project, our 100% owned Lucky Shot project and our 100% owned early-stage Shamrock, Eagle-Hona and Triple Z properties. Rick Van Nieuwenhuyse, the Company's President and CEO stated: "We are pleased to [...]
Contango Ore Inc. announced today that the Company's common stock has been approved for listing on the NYSE American, LLC . Trading on the NYSE American is expected to begin on or about November 24, 2021 under the Company's existing ticker symbol "CTGO". Concurrent with the start of trading on the NYSE American, CORE's common stock will cease trading on the OTC Markets. Shareholders are not required to take any action [...]
Contango Ore Inc. announced today that the Company held its annual meeting of stockholders on November 11, 2021 and the following directors were elected to serve until the 2022 annual meeting of stockholders: Brad Juneau Rick Van Nieuwenhuyse Joseph S. Compofelice Joseph G. Greenberg Richard A. Shortz The following proposals were also approved by the stockholders: 1. The ratification of the appointment of Moss Adams LLP [...]
Contango Ore Inc. announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission . When declared effective by the SEC, the shelf registration statement will allow the Company to raise capital from time to time, up to an aggregate of $100 million, through the sale of common and preferred stock, warrants and other securities. The Form S-3 also provides for the resale of up [...]
Contango Ore Inc. announced today that stockholders of record at the close of business on September 27, 2021 are entitled to notice of and to vote at the virtual annual meeting of stockholders of the Company. Stockholders of the Company are invited to attend the virtual annual meeting at https://meetnow.global/MZJUMJX on November 11, 2021 at 11:00 a.m., Central Time. Stockholders will be asked to elect a Board of [...]
Contango Ore Inc. announced today it filed its Form 10-K for the year ended June 30, 2021 with the Securities and Exchange Commission. The Company reported a net income of $23.9 million or $3.82 per basic and diluted share for the year ended June 30, 2021 compared to a loss of $9.2 million or $1.43 per basic and diluted share for the same period last year. The increase in the net income is due to the gain from the [...]
Contango Ore Inc. is pleased to announce that it has completed the purchase of 100% of the outstanding membership interests of Alaska Gold Torrent, LLC, an Alaska limited liability company , from CRH Funding II PTE. LTD, a Singapore private limited corporation . AGT holds rights to the Lucky Shot Mine and related mining claims located in the Willow Mining District about 75 miles north of Anchorage, Alaska. The Lucky Shot [...]
Contango Ore Inc. announced today that it has completed the sale of 523,809 shares of its Common Stock, par value US$0.01 per share, at a price of US$21 per share in a private placement to a strategic investor, the Alaska Future Fund , and to Rick Van Nieuwenhuyse, the Company's President and Chief Executive Officer. The Company will use the net proceeds of approximately US$ 10.9 million from this offering to fund its [...]
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, 2021 compared to a net loss of $1.9 million or $ per basic and diluted share for the same period last year. For the nine months ended March 31, 2021, the Company reported a net income of $25.7 million, or $4.11 per basic and diluted share, for the nine months ended March 31, 2021 compared [...]