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Contango ORE, Inc. entered into an underwriting agreement on February 11, 2026, for an underwritten public offering of 1,678,206 shares of common stock at $24.96 per share and pre-funded warrants to purchase 325,000 shares at $24.95 per share, expecting net proceeds of approximately $47.2 million. The company intends to use ~$45 million to buy back gold hedge contracts and ~$700,000 for gold put contracts for downside protection.
Event Type
Disclosure
Mandatory
Variant
8-K
Entry into a Material Definitive Agreement. Underwritten Offering On February 11, 2026, Contango ORE, Inc. (the “Company”) entered into an underwriting agreemen
Other Events. On February 11, 2026, the Company issued a press release announcing that it had priced the Offering. A copy of the press release is attached as Ex
. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 1.1 Underwriting Agreement between Contango Ore, Inc. and Canaccord Genuit
Material Agreement