14 Nov 2018director interest notice● Neutral
Contango Silver & Gold Inc. President and CEO John B Juneau received 50,000 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Nov 2018director interest notice● Neutral
Contango Silver & Gold Inc. director Joseph S Compofelice received 25,000 shares as part of the equity award.
14 Nov 2018director interest notice● Neutral
Contango Silver & Gold Inc. director Greenberg Joseph G. received 25,000 shares as part of the equity award.
14 Nov 2018director interest notice● Neutral
Contango Silver & Gold Inc. Chief Financial Officer Gaines Leah S received 15,000 shares as part of the equity award.
14 Nov 2018director interest notice● Neutral
Contango Silver & Gold Inc. director Shortz Richard received 25,000 shares as part of the equity award.
13 Nov 2018quarterly activities report▼ Bad
Contango ORE reported a net loss of $2.9 million for the quarter ended September 30, 2018, including a $1.95 million loss from its equity investment in Peak Gold, LLC.
4 Oct 2018substantial holder notice● Neutral
Royal Gold, Inc reported a Contango Silver & Gold Inc. shareholding of 809,744 shares (13.20% of votes) in a periodic institutional filing.
3 Oct 2018director interest notice● Neutral
Contango Silver & Gold Inc. Chief Financial Officer Gaines Leah S exercised stock options for 7,500 shares and disposed of 10,599 shares.
24 Sept 2018resource reserve update▲ GoodMajor
A Preliminary Economic Assessment on the Peak Gold joint venture's Tetlin properties came back positive, an early derisking milestone for the project years before it would become the Manh Choh mine.
2 July 2018substantial holder notice● Neutral
Donald Gillen, General Resources Inc reported a Contango Silver & Gold Inc. shareholding of 122,451 shares (2.00% of votes) in a periodic institutional filing.
29 June 2018substantial holder notice● Neutral
Royal Gold, Inc reported a Contango Silver & Gold Inc. shareholding of 809,744 shares (13.20% of votes) in a periodic institutional filing.
10 May 2018quarterly activities report▼ Bad
Contango Silver & Gold Inc. reported a quarterly net loss of $906 thousand for the period ended 2018-03-31.
25 Apr 2018security holder rights change● Neutral
Contango ORE lowered the ownership threshold that triggers its anti-takeover "poison pill" from 23% back to its original 15%, after joint venture partner Royal Gold disclosed it had built a stake in Contango itself.
16 Apr 2018substantial holder notice● Neutral
Royal Gold, Inc disclosed a new substantial Contango Silver & Gold Inc. shareholding (13.60% of votes).
31 Jan 2018quarterly activities report▼ Bad
Contango ORE reported a net loss of about $808 thousand for the quarter ended December 31, 2017. Cash rose to $15.8 million after the October 2017 private placement and warrant exercises.
15 Dec 2017substantial holder notice● Neutral
Scott Reiman, through Hexagon and Labyrinth Enterprises, reported owning 662,284 shares, about 11.8% of the company, after buying shares in the October 23, 2017 private placement at $19.00 each.
15 Dec 2017director interest notice● Neutral
Contango Silver & Gold Inc. 10%+ owner Reiman Scott J. bought 78,950 shares on the open market.
17 Nov 2017auditor change● Neutral
Contango ORE's auditor Hein & Associates merged into Moss Adams, which took over as the company's independent accounting firm with no disagreements over prior filings.
16 Nov 2017director interest notice● Neutral
Contango Silver & Gold Inc. director Joseph G. Greenberg acquired 45,000 shares and disposed of 30,000 in a set of related equity transactions.
16 Nov 2017director interest notice● Neutral
Contango Silver & Gold Inc. Chief Financial Officer Gaines Leah S received 15,000 shares as part of the equity award.
16 Nov 2017director interest notice● Neutral
Contango Silver & Gold Inc. director Shortz Richard received 25,000 shares as part of the equity award.
16 Nov 2017director interest notice● Neutral
Contango Silver & Gold Inc. President and CEO John B Juneau acquired 125,000 shares and disposed of 112,500 in a set of related equity transactions.
16 Nov 2017director interest notice● Neutral
Contango Silver & Gold Inc. director Joseph S Compofelice acquired 45,000 shares and disposed of 30,000 in a set of related equity transactions.
8 Nov 2017quarterly activities report▼ Bad
Contango ORE reported a net loss of about $669 thousand for the quarter ended September 30, 2017, down from $956 thousand a year earlier. Cash was $4.9 million at quarter end.
6 Nov 2017substantial holder notice● Neutral
John B. Juneau, the company's chairman and CEO, reported beneficial ownership of 485,666 shares (about 8.6%), including 13,200 shares bought on October 23, 2017 at $19.00 in a private placement and 75,000 shares issuable on option exercise.
26 Oct 2017capital raising announcement▲ Good
Contango raised about $10.5 million selling 553,672 shares at $19.00 each to continue funding its exploration and development program.
What it means for a shareholder
553,672 new shares at US$19.00 to raise about US$10.5m. That's 9.9% dilution: every existing holder's slice gets 9.9% smaller. If you held US$1,000 of shares (53 at the issue price), your slice goes from 0.00104% to 0.00094% of the company. To keep it you'd need 6 more shares - about US$114 at the issue price.
Create a free account to see this worked out for your own holding.
25 Oct 2017director interest notice● Neutral
Contango Silver & Gold Inc. President and CEO John B Juneau bought 13,200 shares on the open market at $19.00.
5 Oct 2017agm notice● Neutral
Contango filed a supplement to its proxy statement correcting an error in the meeting date. The November 14, 2017 annual meeting would be held on a Tuesday, not a Thursday as originally stated.
3 Oct 2017director interest notice● Neutral
Contango Silver & Gold Inc. 10%+ owner Scott J. Reiman exercised options for 291,667 shares.
3 Oct 2017substantial holder notice● Neutral
Hexagon, LLC, Labyrinth Enterprises, LLC, Scott J. Reiman disclosed a new substantial Contango Silver & Gold Inc. shareholding (11.80% of votes).