---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-298578"
form_type: "8-K"
ticker: "CTGO"
cik: "0001502377"
company_name: "Contango Silver & Gold Inc."
filed_at: "2026-07-08T20:30:16+00:00"
generated_at: "2026-07-08T20:31:09.966113+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Contango converts 15,000 oz gold hedges into $33M debt; interest rate cut to 7.40%

## Summary
- Amended credit facility: total principal increased from $12.6M to $46.3M; no restructuring fee.
- Interest rate reduced to ~7.40% from ~8.9%; $33M added via term loans to terminate hedges.
- Purchased 15,000 put options at $3,100/oz for $715k as price protection for hedge settlements.
- Repayment schedule: $1M Sep 2026, $1M Dec 2026, $15.5M Mar 2027, $28.8M Jun 2027.
- CEO states removal of gold price ceiling; company retains flexibility to repay debt early.

## SEC filing metadata
- accession: 0001193125-26-298578
- form_type: 8-K
- ticker: CTGO
- cik: 0001502377
- company_name: Contango Silver & Gold Inc.
- filed_at: 2026-07-08T20:30:16+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502377/000119312526298578/0001193125-26-298578-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502377/000119312526298578/ctgo-20260701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-298578
- JSON: https://secwatch.observer/filing/0001193125-26-298578.json
- Plain text: https://secwatch.observer/filing/0001193125-26-298578.txt

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