CTGO Completes Dolly Varden Merger; Annual Meeting Set
Contango ORE, Inc. completed its merger with Dolly Varden Silver Corporation on March 26, 2026, and subsequently changed its name to Contango Silver & Gold Inc. As part of the arrangement, the company issued 13,686,278 shares of Common Stock and 1,597,301 Exchangeable Shares to former Dolly Varden shareholders, resulting in approximately 50% economic and voting interest for both legacy shareholder groups. The Annual Meeting of Stockholders is scheduled for June 18, 2026, where shareholders will vote on the election of directors, ratification of auditors, and advisory votes on executive compensation and its frequency. Board changes included the appointment of Shawn Khunkhun as President and Director, and Forrester (Tim) Clark and Darren Devine as directors, with Clynton Nauman named Chairman.
Key Highlights
- Completed merger with Dolly Varden Silver Corporation on March 26, 2026.
- Company name changed to Contango Silver & Gold Inc.
- Issued 13,686,278 Common Stock and 1,597,301 Exchangeable Shares.
- Total 30,507,599 Common Stock and 1,597,301 Exchangeable Shares outstanding.
- Former Dolly Varden shareholders and Contango shareholders each own ~50% interest.
- Annual Meeting of Stockholders scheduled for June 18, 2026.
- Board changes: Shawn Khunkhun appointed President/Director; Tim Clark and Darren Devine appointed Directors; Clynton Nauman named Chairman.
- Stockholders to vote on director election, auditor ratification, and executive compensation.