secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001157523-23-001157
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango ORE raises $30.4M in underwritten public offering of common stock
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- Offered 1,600,000 shares at $19.00 per share; gross proceeds $30.4M; net ~$28.1M (or $32.4M if overallotment fully exercised).
- Proceeds to fund Contango's 30% contribution to Peak Gold JV for Manh Choh gold mine, exploration at Lucky Shot, and working capital.
- CEO states company now fully funded to reach production at Manh Choh mine, scheduled for H2 2024.
- Underwriters granted 30-day option to purchase up to an additional 240,000 shares.
- Offering closed July 26, 2023; joint book-runners Maxim Group LLC and Freedom Capital Markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000115752323001157/0001157523-23-001157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000115752323001157/a53473657.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001157

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