secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2022-12-23T23:59:59+00:00
Accession:  0001157523-22-001786
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango Ore completes $5.6M private placement; Manh Choh on schedule for H2 2024 gold production
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- Issued 283,500 shares at $20/share and warrants exercisable at $25/share for two years; net proceeds ~$5.6M.
- Funds to advance 30% interest in Peak Gold JV (Manh Choh project) and for general corporate purposes.
- CEO Van Nieuwenhuyse and CFO Gaines restricted shares vesting delayed to Jan 2025; 25% additional shares granted.
- Manh Choh project ~50% contracted/committed, on budget, first gold expected H2 2024.
- Lucky Shot: 29 drill holes hit vein; assays due Jan 2023, SK1300 resource estimate report planned by Q1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000115752322001786/0001157523-22-001786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000115752322001786/a53108039.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001786

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