secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2024-06-12T23:59:59+00:00
Accession:  0001193125-24-159369
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango Ore prices $15M unit offering of shares and warrants; proceeds for Lucky Shot and Johnson Tract exploration
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- Pricing of 731,750 units at $20.50/unit: one share plus half a warrant (whole warrant exercisable at $26 for 36 months).
- Gross proceeds ~$15M; net proceeds ~$14.2M after discounts; closing expected June 12, 2024.
- Proceeds for working capital, Lucky Shot exploration, and HighGold's Johnson Tract (acquisition closing expected by July 2024).
- Canaccord Genuity and Cormark Securities as joint book-runners; Roth Capital Partners as co-manager.
- Offering under effective shelf registration statement (File No. 333-260511).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000119312524159369/0001193125-24-159369-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000119312524159369/d775449d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-159369

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