14 Nov 2023quarterly activities report▼ Bad
Contango Silver & Gold Inc. reported a quarterly net loss of $13.1 million for the period ended 2023-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
21 Aug 2023director interest notice● Neutral
Michael Aaron Clark became a Contango Silver & Gold Inc. Executive VP-Finance and company insider (initial ownership filing).
8 Aug 2023debt financing● Neutral
Contango's subsidiary CORE Alaska entered hedges with ING and Macquarie to sell 124,600 ounces of gold at a weighted average $2,025/oz, as its credit facility required. Deliveries run July 2024 to December 2026 and cover about 45% of the company's interest in projected Manh Choh life-of-mine production.
26 July 2023material agreement▲ GoodMajor
Contango ORE raised about $28-32 million in a public stock offering at $19.00/share, adding cash to fund its share of the Manh Choh build and its newer Lucky Shot project.
26 July 2023securities registration● Neutral
Contango Silver & Gold Inc. filed a prospectus supplement for an offering off its existing shelf.
24 July 2023securities registration● Neutral
Contango Silver & Gold Inc. filed a free-writing prospectus - marketing material for an offering in progress.
21 July 2023securities registration● Neutral
Contango Silver & Gold Inc. filed a prospectus supplement for an offering off its existing shelf.
27 June 2023director interest notice● Neutral
Contango Silver & Gold Inc. insider Joseph S Compofelice gifted 5,000 shares.
16 June 2023resource reserve update▲ Good
Contango ORE published the first formal resource estimate for its newly acquired Lucky Shot project, an early step toward proving it up as a second mine alongside Manh Choh.
9 June 2023material agreement● Neutral
Contango ORE set up a $40 million at-the-market common stock sales program with Cantor Fitzgerald, a standing option to raise equity gradually as it funds its share of the Manh Choh build.
8 June 2023securities registration● Neutral
Contango Silver & Gold Inc. filed a prospectus supplement for an offering off its existing shelf.
2 June 2023resource reserve update▲ Good
Published the S-K 1300 technical report summary for Manh Choh, setting out the feasibility study and subsequent economic update prepared by joint-venture partner KG Mining (Alaska), a Kinross Gold subsidiary. The same filing noted Contango would join the Russell 3000 and Russell Microcap indexes from 26 June.
19 May 2023debt financing▲ GoodMajor
Contango ORE lined up a $70 million project-finance facility from ING and Macquarie to fund its 30% share of building the Manh Choh mine, drawing $10 million at closing with more available as construction milestones are met.
17 May 2023quarterly activities report▼ Bad
Contango reported a net loss of $7.9 million for the quarter ended March 31, 2023, up from $6.8 million a year earlier. It also said it raised $6.9 million from early warrant exercises and held about $9.5 million in cash.
11 May 2023quarterly activities report▼ Bad
Contango filed its Form 10-Q for the quarter ended March 31, 2023, the third quarter of its fiscal year. It described its interest in the Peak Gold joint venture in Alaska and its Lucky Shot and other claims.
31 Mar 2023substantial holder notice● Neutral
CEO Rick Van Nieuwenhuyse filed Amendment No. 1 to his Schedule 13D, reporting beneficial ownership of 561,721 shares (7.68%). The filing followed a grant of 40,000 restricted shares on February 7, 2023.
31 Mar 2023substantial holder notice● Neutral
John B. Juneau filed Amendment No. 8 to his Schedule 13D, reporting beneficial ownership of 623,326 shares (8.64%). The filing followed a grant of 10,000 restricted shares on February 7, 2023.
14 Feb 2023substantial holder notice● Neutral
Sprott Inc, Sprott Asset Management LP disclosed a new substantial Contango Silver & Gold Inc. shareholding (5.40% of votes).
7 Feb 2023director interest notice● Neutral
Contango Silver & Gold Inc. insider Curtis J. Freeman received 10,000 shares as part of the equity award.
7 Feb 2023director interest notice● Neutral
Contango Silver & Gold Inc. Chief Financial Officer Leah S Gaines received 6,000 shares as part of the equity award.
7 Feb 2023director interest notice● Neutral
Contango Silver & Gold Inc. insider Joseph S Compofelice received 10,000 shares as part of the equity award.
7 Feb 2023director interest notice● Neutral
Contango Silver & Gold Inc. Chairman John B Juneau received 10,000 shares as part of the equity award.
7 Feb 2023director interest notice● Neutral
Contango Silver & Gold Inc. President and CEO Nieuwenhuyse Rick Van received 40,000 shares as part of the equity award.
7 Feb 2023director interest notice● Neutral
Contango Silver & Gold Inc. insider Richard Shortz received 10,000 shares as part of the equity award.
6 Feb 2023quarterly activities report▼ Bad
Contango reported a net loss of $14.3 million ($2.10 per share) for the quarter ended December 31, 2022, versus $4.9 million a year earlier. It said first production at Manh Choh was expected in the second half of 2024.
6 Feb 2023quarterly activities report▼ Bad
Contango ORE filed its 10-Q for the quarter ended December 31, 2022, covering its 30% interest in Peak Gold JV and the Lucky Shot project. The accompanying results showed a net loss of $14.3 million for the quarter.
19 Jan 2023capital raising announcement▲ Good
Contango raised a smaller amount selling 117,500 shares plus warrants at $20.00/share, continuing its steady pre-production financing pattern.
22 Dec 2022securities registration● Neutral
Contango Silver & Gold Inc. filed notice of an exempt private placement.
19 Dec 2022director interest notice● Neutral
Contango Silver & Gold Inc. Chairman John B Juneau acquired 25,000 shares and disposed of 20,000 in a set of related equity transactions.
19 Dec 2022director interest notice● Neutral
Contango Silver & Gold Inc. insider Joseph S Compofelice acquired 25,000 shares and disposed of 20,000 in a set of related equity transactions.