Contango Ore Inc. announced today it filed its Form 10-Q for the quarter ended March 31, 2024 with the Securities and Exchange Commission. The Company reported a net loss of $20.5 million or a loss of $2.14 per basic and diluted share for the three month period ended March 31, 2024, which includes a non-cash expense of $15.6 million related to a loss on mark-to-market derivative contracts, calculated based on a forward [...]
Contango Ore Inc. is pleased to announce that its 30% owned Manh Choh project, operated by a subsidiary of Kinross Gold Corp. , is on track for first production in early Q3 2024. Ore and waste mining are ongoing with the full mining fleet now in operation as planned. Following several months of orientation runs, transportation of ore to the Kinross Fort Knox mine, where the ore will be processed, continues to ramp up with [...]
Contango Ore and HighGold Mining are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which Contango will acquire all of the issued and outstanding shares of HighGold by way of a court approved plan of arrangement under the Business Corporations Act. Under the terms of the Agreement, each HighGold share will be exchanged for 0.019 shares of Contango common stock based on the [...]
Contango Ore Inc. announced today it filed its Form 10-KT for the transition period ended December 31, 2023, with the Securities and Exchange Commission. On November 14, 2023, the Company's board of directors approved a change in the Company's fiscal year end from June 30th to December 31st, effective as of December 31, 2023. This decision was made to better align the Company's reporting period with the Company's 30 [...]
Contango Ore Inc. announced today that the Company held its annual meeting of stockholders on November 14, 2023 and the following directors were elected to serve until the 2024 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: The approval the 2023 Omnibus Incentive Plan; The [...]
Contango Ore Inc. announced today it filed its Form 10-K for the year ended June 30, 2023 with the Securities and Exchange Commission. The Company reported a net loss of $39.7 million or a loss of $5.61 per basic and diluted share for the year ended June 30, 2023 compared to a net loss of $23.5 million or a loss of $3.49 per basic and diluted share for the prior year. The primary reason for the increase in net loss in [...]
Contango Ore Inc. announced that mining operations have started at its 30% owned Manh Choh Mine , located near Tok, Alaska, U.S.A. With all major contracts, bonding and permitting in place, the Project remains on track and on budget to bring Contango's 30% interest in Manh Choh into production in the second half of 2024. Based on the Feasibility Study Technical Report Summary , the Manh Choh mine is expected to produce [...]
Contango Ore Inc. , today announced the closing of its previously announced underwritten public offering of 1,600,000 shares of its common stock at a public offering price of $19.00 per share. Gross proceeds from the Offering were $30.4 million before deducting underwriting discounts, commissions, and Offering expenses. In addition, Contango has granted the underwriters a 30-day option to purchase up to an additional [...]
Contango Ore Inc. , today announced the pricing of its previously announced underwritten public offering of 1,600,000 shares of its common stock at a public offering price of $19.00 per share. Gross proceeds from the Offering are expected to be $30.4 million before deducting underwriting discounts, commissions, and estimated Offering expenses. In addition, Contango has granted the underwriters a 30-day option to purchase [...]
Contango Ore Inc. , today announced it has commenced an underwritten public offering of shares of its common stock. All of the shares of common stock in the Offering are to be sold by Contango. In addition, Contango intends to grant the underwriters in the Offering, a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the Offering. The Offering is subject to market conditions, and [...]
Contango Ore Inc. announced that it has filed an initial Technical Report Summary detailing the gold resources at the Lucky Shot Project located near Willow, Alaska. The mineral resource estimates held by Contango at the Lucky Shot Project, effective as of May 26, 2023 comprise Indicated mineral resource estimates of 226,963 tonnes grading 14.5 g/t Au for 105,620 oz Au and Inferred mineral resource estimates of 82,058 [...]
Contango Ore Inc. is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, Contango is set to join the broad-market Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023. Rick Van Nieuwenhuyse, the Company's President and Chief Executive Officer said: "We are pleased with [...]