Contango Silver & Gold Inc. reports developments from a gold, silver and associated minerals business focused on exploration, development and joint venture activity in Alaska and British Columbia. Recurring updates include cash distributions from the Peak Gold JV, operating and financial results tied to Manh Choh operations, and exploration or development work at assets such as Lucky Shot, Johnson Tract and Kitsault Valley.
Company news also covers capital-structure and market-listing matters, including CTGO common shares trading on the NYSE American and TSX, as well as material agreements, shareholder voting matters and governance changes. Formerly Contango Ore Inc., the company’s updates center on mineral project advancement, joint venture economics and public-company disclosure events.
Contango (NYSE American: CTGO) reported that stockholders approved three merger-related proposals at a special meeting on March 17, 2026, including the Arrangement with Dolly Varden, an increase of authorized shares to 250,000,000, and a 2026 Omnibus Incentive Plan.
Voting tallies showed 99.70% support for the Arrangement; the Arrangement still requires British Columbia Supreme Court final approval on March 23, 2026. 9,976,278 Common Shares (≈66% of outstanding) were voted.
Contango (NYSE:CTGO) filed its FY 2025 Form 10-K reporting Contango's 30% share of Manh Choh production of 60,200 GEO, adjusted net income of $73.0M, a net loss of $36.1M (including a $46.0M unrealized derivative loss), and unrestricted cash of $64.8M at year-end.
The company repaid $37.5M of debt, received $102M in JV cash distributions, completed equity raises totaling $100M gross, and provided 2026–2027 production guidance with Contango’s share of gold at 40k–45k oz (2026) and 75k–80k oz (2027).
Contango Ore (NYSE:CTGO) is featured on BTV alongside six other resource companies, highlighting mergers, advanced projects, and large drill programs across North America and Europe. Key items include Contango's merger to form Contango Silver & Gold targeting 200,000 oz Au and up to 6 million oz Ag, Critical Elements' construction-ready lithium asset with permits and conditional financing, funded multi‑tenure drill campaigns at Dryden, Kirkland Lake, Klondike, and a Selkirk copper restart plan with a 50,000‑metre program and a PEA targeted this year.
Contango ORE (NYSE:CTGO) reported initial results from its 2025/2026 underground drill program at Lucky Shot, Alaska, including 5.92 m @ 60.22 g/t Au (incl. 1.16 m @ 294.77 g/t) and multiple other high‑grade intercepts. The program has completed 2,063 m in 20 HQ holes and identified a new KM vein. Ongoing drilling supports a planned mineral resource update and feasibility study targeted for H1 2027.
Contango ORE (NYSE:CTGO) filed and mailed its definitive proxy statement dated February 13, 2026, for a special meeting to approve a proposed plan of arrangement with Dolly Varden.
Key facts: virtual meeting March 17, 2026 at 12:00 PM CT; proxy voting deadline March 13, 2026; exchange ratio 0.1652; authorized shares increase 45,000,000 to 250,000,000; board unanimously recommends approval; voting support agreements represent ~22%.
Contango ORE (NYSE American: CTGO) provided a corporate update on Johnson Tract permitting, Manh Choh operations and recent hedge settlements on Feb 17, 2026.
The Johnson Tract project was placed on the FAST-41 Dashboard on Jan 30, 2026 and the Company submitted its first Initial Application for a permit on Feb 2, 2026. Manh Choh commenced Campaign #1-2026 on Feb 5, 2026 with processing through the Kinross Fort Knox mill into early to mid-March. Contango paid $46,381,535 on Feb 12, 2026 to settle 15,446 ounces of gold hedges at an average strike of $2,025/oz, and paid $448,986 to buy matching puts at a $4,000/oz strike. Remaining hedges: 11,000 oz in 2026 and 15,000 oz in H1 2027.
Contango ORE (NYSE American: CTGO) will host a webcast and conference call on February 12, 2026 at 12:00 PM PT / 3:00 PM ET to discuss a recent financing. According to the company, proceeds will be directed toward reducing the company’s hedge book.
Webcast link: https://6ix.com/event/contango-ore-update-on-feb-2026-financing
Contango ORE (NYSE:CTGO) closed an underwritten offering of common stock and pre-funded warrants on February 12, 2026, raising approximately $50 million in gross proceeds. The offering sold 1,678,206 shares at $24.96 per share and pre-funded warrants for 325,000 shares at $24.95 each.
The company intends to use about $45,000,000 of net proceeds to buy back gold hedge contracts and approximately $700,000 to purchase gold put contracts for downside protection; remaining funds will support general corporate purposes and working capital.
Contango ORE (NYSE:CTGO) priced an underwritten offering to raise approximately $50 million gross by selling 1,678,206 common shares at $24.96 and pre-funded warrants for 325,000 shares at $24.95.
Contango intends to use about $45.0 million to buy back gold hedge contracts and about $700,000 to purchase gold put contracts; closing expected on or about February 12, 2026.
Contango ORE (NYSE American: CTGO) and Dolly Varden Silver (TSXV: DV / NYSE American: DVS) agreed to merge on a merger-of-equals to form Contango Silver & Gold Inc., combining the cash-flowing Manh Choh gold mine with high-grade silver and gold projects in Alaska and British Columbia.
Key metrics: >US$100 million combined cash, ~US$15 million debt, 173,400 oz gold produced in first nine months of 2025 (52,020 oz attributable to Contango), Johnson Tract Initial Assessment NPV5% US$615 million and IRR 53% (at US$4,000/oz), and Kitsault Valley indicated 34.7 Moz silver. Transaction targets ~50/50 ownership, Exchange Ratio 0.1652 CTGO share per DV share, and closing expected late Feb–early Mar 2026 subject to court, shareholder and regulatory approvals.