--- schema_version: "secwatch.filing_event.v1" accession: "0001157523-23-001731" form_type: "8-K" ticker: "CTGO" cik: "0001502377" company_name: "Contango Silver & Gold Inc." filed_at: "2023-11-15T23:59:59+00:00" generated_at: "2026-06-08T02:19:35.610680+00:00" event_type: "earnings" sentiment: "negative" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # Contango ORE posts Q1 net loss of $13.1M, vs $7.1M loss last year; Manh Choh on track for H2 2024 ## Summary - Net loss of $13.1M ($1.47 per share) for Sep 30, 2023 quarter, up from $7.1M ($1.05) loss a year ago. - Larger loss driven by equity loss from Peak Gold JV and mark-to-market loss on gold hedge derivatives. - Peak Gold JV on schedule; Manh Choh project expected to reach production in second half of 2024. - Stockholders re-elected all five directors and approved 2023 Omnibus Incentive Plan, auditor ratification, and advisory say-on-pay. ## SEC filing metadata - accession: 0001157523-23-001731 - form_type: 8-K - ticker: CTGO - cik: 0001502377 - company_name: Contango Silver & Gold Inc. - filed_at: 2023-11-15T23:59:59+00:00 - event_type: earnings - sentiment: negative - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 2.02, 5.02, 5.07, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1502377/000115752323001731/0001157523-23-001731-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502377/000115752323001731/a53835336.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001157523-23-001731 - JSON: https://secwatch.observer/filing/0001157523-23-001731.json - Plain text: https://secwatch.observer/filing/0001157523-23-001731.txt ## Key facts - Earnings Releases Contango Silver & Gold Inc. reported the quarter ended September 30, 2023 results: net income $13.1 million or ($1.47) per basic and diluted share. - Period: the quarter ended September 30, 2023 - Net income: $13.1 million or ($1.47) per basic and diluted share - Result: reported results source text: The Company reported a net loss of $13.1 million or ($1.47) per basic and diluted share for the three months ended September 30, 2023, compared to a net loss of $7.1 million or ($1.05) per basic and diluted share for the same period last year. evidence_url: https://www.sec.gov/Archives/edgar/data/1502377/000115752323001731/0001157523-23-001731-index.htm - Shareholder Votes Contango Silver & Gold Inc. shareholders approved Approve the 2023 Plan at the 2023-11-14 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-11-14 source text: The proposal to approve the 2023 Plan was approved by the following number of votes: For Against Abstain Broker Non-Votes 5,310,672 314,407 6,653 1,888,160 evidence_url: https://www.sec.gov/Archives/edgar/data/1502377/000115752323001731/0001157523-23-001731-index.htm - Shareholder Votes Contango Silver & Gold Inc. shareholders approved Grant discretionary authority to chairman of the Annual Meeting to adjourn if necessary to solicit additional proxies at the 2023-11-14 meeting. - Outcome: passed - Meeting: 2023-11-14 source text: The proposal to approve the grant of discretionary authority to the chairman of the Annual Meeting to adjourn the Annual Meeting, if necessary, to solicit additional proxies in the event that there are not sufficient votes at the time of the Annual Meeting to approve any of Proposals 1-4 was approved by the following number of votes: For Against Abstain Broker Non-Votes 6,887,349 625,537 7,006 -- evidence_url: https://www.sec.gov/Archives/edgar/data/1502377/000115752323001731/0001157523-23-001731-index.htm - Shareholder Votes Contango Silver & Gold Inc. shareholders approved Elect five persons as directors until 2024 annual meeting. at the 2023-11-14 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-11-14 source text: Each of the director nominees was elected to the Board to serve as a director until the 2024 annual meeting of stockholders of the Company or until his respective successor is duly elected and qualified: Name For Against Abstain Broker Non-Votes Brad Juneau 5,353,073 272,525 6,134 1,888,160 Rick Van Nieuwenhuyse 5,494,456 136,752 524 1,888,160 Joseph S. Compofelice 4,637,431 880,299 114,002 1,888,160 Curtis J. Freeman 4,711,804 805,935 113,993 1,888,160 Richard A. Shortz 4,552,375 965,385 113,972 1,888,160 evidence_url: https://www.sec.gov/Archives/edgar/data/1502377/000115752323001731/0001157523-23-001731-index.htm - Shareholder Votes Contango Silver & Gold Inc. shareholders approved Ratify the appointment of Moss Adams LLP as independent auditors for fiscal year ending June 30, 2024 at the 2023-11-14 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-11-14 source text: The proposal to ratify the appointment of Moss Adams LLP as the independent auditors of the Company for the fiscal year ending June 30, 2024 was approved by the following number of votes: For Against Abstain Broker Non-Votes 7,518,347 413 1,132 -- evidence_url: https://www.sec.gov/Archives/edgar/data/1502377/000115752323001731/0001157523-23-001731-index.htm - Shareholder Votes Contango Silver & Gold Inc. shareholders approved Non-binding advisory vote to approve compensation of named executive officers at the 2023-11-14 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-11-14 source text: The proposal to approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers was approved by the following number of votes: For Against Abstain Broker Non-Votes 5,312,404 309,520 9,808 1,888,160 evidence_url: https://www.sec.gov/Archives/edgar/data/1502377/000115752323001731/0001157523-23-001731-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.