Contango Silver & Gold Inc. (CTGO): M&A transaction — Contango completes merger with Dolly Varden; issues 13.7M shares and 1.6M exchangeable shares

Contango Silver & Gold Inc.

Contango issued 13,686,278 shares and 417,048 replacement options; post-merger 32,104,900 shares (incl. 1,597,301 exchangeable) outstanding.
Former Dolly Varden and Contango shareholders each own ~50% of the combined company; combined cash >US$100M with minimal debt.
Company renamed Contango Silver & Gold Inc.; ticker CTGO unchanged; listed on NYSE American, applying for TSX listing.
Shawn Khunkhun appointed President; Rick Van Nieuwenhuyse remains CEO; Clynton Nauman named Chairman.
Directors added: Shawn Khunkhun, Tim Clark, Darren Devine. Richard Shortz and Darwin Green resigned; Brad Juneau stepped down as Chairman but remains director.

item 2.01 item 3.02 item 3.03 item 5.02 item 5.03 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Contango Silver & Gold Inc. underwent a change of control involving Dolly Varden Silver Corporation for 0.1652 of a Contango Share for each Dolly Varden Share (closed 2026-03-26).

Action: change of control
Counterparty: Dolly Varden Silver Corporation
Consideration: 0.1652 of a Contango Share for each Dolly Varden Share
Closing: 2026-03-26

Exact text from the filing

the Company, indirectly through the Acquiror, will acquire all of the issued and outstanding common shares of Dolly Varden (the “Dolly Varden Shares”) at an exchange ratio of 0.1652 of a share of voting common stock of the Company (the “Contango Shares”) for each Dolly Varden Share (the “Exchange Ratio”) by way of a statutory plan of arrangement (the

View on SEC.gov

Browse all m&a transactions →

Contango Silver & Gold Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-129496

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.