secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2025-06-27T23:59:59+00:00
Accession:  0000950170-25-091058
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango Ore announces $21M cash distribution from Peak Gold JV; raises 2025 guidance to >$95M
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- Received $21M cash distribution from Peak Gold JV on June 25, 2025; year-to-date total $54M.
- Peak Gold JV completed second of four 2025 campaigns; Contango's 30% share produced ~36,000 oz gold YTD.
- Revised 2025 cash distribution guidance to >$95M assuming ~$3,100/oz gold price for remainder of year.
- Plans to early pay $7M of credit facility principal in July, reducing balance to $23M.
- Early delivered 11,900 oz gold into July 31 hedge contracts via carry trade; remaining hedges expected at 43,000 oz by end-2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000095017025091058/0000950170-25-091058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000095017025091058/ctgo-20250625.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-091058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer