secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001193125-26-047822
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango Ore prices $50M underwritten offering of 1.68M shares and pre-funded warrants
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- Gross proceeds ~$50M; net proceeds expected ~$47.2M after underwriting discounts.
- Offering: 1,678,206 shares at $24.96/share and pre-funded warrants for 325,000 shares at $24.95/share.
- Company plans to use ~$45M net proceeds to buy back gold hedge contracts and ~$700k for gold put contracts.
- Closing expected on or about February 12, 2026, subject to customary conditions.
- Canaccord Genuity is sole bookrunner; offering under effective shelf registration statement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000119312526047822/0001193125-26-047822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000119312526047822/d72476d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-047822

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