Contango ORE reports Q3 net loss of $4.6M vs prior-year profit; CEO base raised to $425k

Contango Silver & Gold Inc.

2022-Q1 EPS reported -$0.68

Net loss $4.6M ($0.68/sh) vs net income $33.4M ($5.09/sh) in Q3 2020; prior year included gain on sale of Peak Gold stake.
Manh Choh feasibility study expected 2022; construction start summer 2022; Lucky Shot mine contractor selection ongoing.
CEO Rick Van Nieuwenhuyse base salary raised to $425k; granted 55,000 restricted shares plus 15,000 STIP shares.
Brad Juneau transitions from Executive Chairman to non-executive Chairman effective Nov 12, 2021.
Annual meeting: all five director nominees elected; Moss Adams ratified as auditor.

item 2.02 item 5.02 item 5.07 item 7.01 item 9.01

Executive movements

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Role change

Brad Juneau

Chairman of the Board

CTGO · Contango Silver & Gold Inc.

Effective: 2021-11-12
Filed: November 16, 2021, 6:59 PM ET

On November 11, 2021, Brad Juneau notified the Board of his intent to resign as Executive Chairman of the Board, effective November 12, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brad Juneau departed as Chairman of the Board at Contango Silver & Gold Inc..

Action: resigned as Executive Chairman
Role: Chairman of the Board

Exact text from the filing

On November 11, 2021, Brad Juneau notified the Board of his intent to resign as Executive Chairman of the Board, effective November 12, 2021.

View on SEC.gov

Contango Silver & Gold Inc. filing history →

Source: SEC EDGAR

accession 0001157523-21-001412

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