- Contango ORE, Inc. announced **17,000 ounces of gold production** from its third campaign of 2025 from the Peak Gold JV, exceeding its original guidance of 15,000 ounces.  **[1502377_0001193125-25-228609_ctgo-20251002.htm:0]** **[1502377_0001193125-25-228609_ctgo-ex99_1.htm:0]** 
- The company received a **$33.0 million cash distribution** from the Peak Gold JV, bringing the total year-to-date distributions to **$87 million**.  **[1502377_0001193125-25-228609_ctgo-20251002.htm:0]** **[1502377_0001193125-25-228609_ctgo-ex99_1.htm:0]** 
- As of October 1, 2025, Contango ORE, Inc. repaid **$8.5 million** on its Credit Facility, reducing the outstanding principal balance by 37% to **$14.6 million**.  **[1502377_0001193125-25-228609_ctgo-ex99_1.htm:1]** 
- Contango ORE, Inc. now expects total cash distributions for 2025 from the Peak Gold JV to be **in excess of $100 million**.  **[1502377_0001193125-25-228609_ctgo-ex99_1.htm:1]**

Contango ORE, Inc. Announces Q3 2025 Gold Production and Cash Distribution

- Contango's share of gold production from the Peak Gold JV's third production campaign of 2025 was approximately **17,000 ounces**, exceeding the company's original guidance of 15,000 ounces.  **[1502377_20251002VA89067:0]** 
- The Peak Gold JV made a cash distribution of **$33 million** to Contango, bringing the total cash distributions received year-to-date to **$87 million**.  **[1502377_20251002VA89067:0]** 
- As of October 1, 2025, Contango repaid **$8.5 million** on its Credit Facility, reducing the outstanding principal balance by **37% to $14.6 million**.  **[1502377_20251002VA89067:0]** 
- The company's net hedge contract balance stands at **49,300 ounces of gold** as of October 1, 2025.  **[1502377_20251002VA89067:0]** 
- Based on year-to-date results, Contango expects cash distributions from the Peak Gold JV for **2025 to exceed $100 million**.  **[1502377_20251002VA89067:1]**

Contango ORE Announces Third Campaign Production Results and Cash Distribution

- Contango ORE, Inc. (CTGO) closed its underwritten public offering on **September 26, 2025**, generating approximately **$50 million** in aggregate gross proceeds.  **[1502377_0001193125-25-220431_d911539dex992.htm:0]** 
- The offering consisted of **1,975,000 shares** of common stock at **$20.00 per share** and pre-funded warrants to purchase **525,000 shares** at a purchase price of **$19.99 per share**.  **[1502377_0001193125-25-220431_d911539dex992.htm:0]** 
- The company expects to receive approximately **$47.5 million** in net proceeds after deducting underwriting discounts and commissions.  **[1502377_0001193125-25-220431_d911539d8k.htm:1]** 
- Net proceeds will be used to advance the **Lucky Shot project** and **Johnson Tract project**, and for general corporate purposes, including working capital.  **[1502377_0001193125-25-220431_d911539dex992.htm:0]** **[1502377_0001193125-25-220431_d911539d8k.htm:1]**

Contango ORE, Inc. Closes $50 Million Public Offering

- Contango ORE (CTGO) recently closed a **$50 million financing** to advance exploration and development at its Lucky Shot and Johnson Tract properties.  **[1502377_20250926VA84112:0]** 
- The company aims to use this funding to organically grow gold production from **60,000 ounces annually to 200,000 ounces** using a direct ship ore model.  **[1502377_20250926VA84112:0]** 
- A webinar is scheduled for **September 26, 2025**, at 2:00 pm EST to discuss the financing and exploration plans.  **[1502377_20250926VA84112:0]**

Contango ORE Provides Update on Financing and Exploration Plans

- Contango ORE, Inc. (CTGO) has closed an underwritten public offering, generating approximately **$50 million** in aggregate gross proceeds before deducting underwriting discounts and other offering expenses.  **[1502377_20250926VA84106:0]** 
- The offering consisted of **1,975,000 shares** of common stock at a public offering price of **$20.00 per share** and pre-funded warrants to purchase **525,000 shares** at a purchase price of **$19.99 per share**.  **[1502377_20250926VA84106:0]** 
- The net proceeds from the offering are intended to fund the advancement of the **Lucky Shot project** to a mine production decision over the next two years and to advance the **Johnson Tract project**.  **[1502377_20250926VA84106:0]**

Contango ORE closes $50 million public offering

- Contango ORE (CTGO) priced an underwritten public offering of **1,975,000 common shares at $20.00 per share** and pre-funded warrants to purchase **525,000 shares at $19.99 per share**.  **[1502377_20250925VA83144:0]** 
- The offering is expected to generate approximately **$50 million in aggregate gross proceeds**.  **[1502377_20250925VA83144:0]** 
- The net proceeds will be used to fund the advancement of the **Lucky Shot project** to a mine production decision and to advance the **Johnson Tract project**.  **[1502377_20250925VA83144:0]** 
- The closing of the offering is anticipated to occur on or about **September 26, 2025**.  **[1502377_20250925VA83144:0]**

Contango ORE announces $50 million public offering

- Contango ORE, Inc. (CTGO) has been included in the **Global Junior Gold Miners Index (GDXJ)**.  **[1502377_20250915VA73205:0]** 
- The inclusion is effective at market close on **September 19, 2025**, as part of the GDXJ's **Q3 quarterly review and rebalancing**.  **[1502377_20250915VA73205:0]** 
- The company's President & CEO stated that this inclusion is a significant milestone expected to bring **broader market awareness** for Contango.  **[1502377_20250915VA73205:0]** 
- Contango aims to become a **200,000 gold equivalent ounce producer** over the next **5 years**.  **[1502377_20250915VA73205:0]**