---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-057344"
form_type: "8-K"
ticker: "CTGO"
cik: "0001502377"
company_name: "Contango Silver & Gold Inc."
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:01:54.190767+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Contango Ore closes $50M offering, settles $46.4M in hedges, Johnson Tract on FAST-41

## Summary
- Closed $50M underwritten offering: 1,678,206 shares at $24.96 and 325,000 pre-funded warrants at $24.95 to institutional investors.
- Johnson Tract permitting placed on FAST-41 Dashboard on Jan 30, 2026; first permit application submitted Feb 2.
- Manh Choh mine commenced Campaign #1-2026 on Feb 5, processing through Fort Knox mill with no interruption after conveyor fire.
- Paid $46.38M to settle 15,446 oz of gold hedges at avg $2,025/oz; bought 15,446 puts at $4,000 strike for price protection.
- Remaining gold hedges: 11,000 oz in 2026 and 15,000 oz in first half of 2027.

## SEC filing metadata
- accession: 0001193125-26-057344
- form_type: 8-K
- ticker: CTGO
- cik: 0001502377
- company_name: Contango Silver & Gold Inc.
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502377/000119312526057344/0001193125-26-057344-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502377/000119312526057344/ctgo-20260212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-057344
- JSON: https://secwatch.observer/filing/0001193125-26-057344.json
- Plain text: https://secwatch.observer/filing/0001193125-26-057344.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.