share_log

Contango ORE Announces ~$5.6M Private Placement Of Common Stock And Year-End Update

Benzinga Real-time News ·  Dec 23, 2022 16:11

Contango ORE, Inc. ("CORE" or the "Company") (NYSE:CTGO) announced today the issuance and sale of an aggregate of 283,500 shares for $20.00 per share (the "Shares") of the Company's common stock, par value $0.01 per share (the "Common Stock"), and warrants (the "Warrants") entitling each purchaser to purchase shares of Common Stock for $25.00 per share (the "Warrant Shares" and together with the Common Stock and the Warrants, the "Securities"), in a private placement (the "Private Placement") pursuant to Subscription Agreements, (the "Subscription Agreements") dated as of December 23, 2022 between the Company and certain accredited investors (the "Purchasers"). The Subscription Agreements include customary...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment