Contango ORE, Inc.

Contango ORE, Inc. announced a change in its independent registered public accounting firm. On June 24, 2026, the Audit Committee dismissed Baker Tilly US, LLP, noting that there were no disagreements on accounting principles or practices and their audit reports did not contain adverse opinions. Concurrently, the Audit Committee approved the engagement of BDO Canada LLP as the new independent auditor for the fiscal year ending December 31, 2026.

Contango Silver & Gold Inc. announced the results of its 2026 Annual Meeting of Stockholders. Stockholders elected seven directors to the Board, ratified Baker Tilly US, LLP as the independent auditors for fiscal year 2026, and approved the compensation of named executive officers on a non-binding advisory basis. Additionally, stockholders approved an annual frequency for future advisory votes on executive compensation, which the Board subsequently adopted.

Contango ORE, Inc. announced significant drill results from its Lucky Shot project in Alaska, highlighted by an intercept of 0.17 meters grading 972.10 grams per tonne of gold. The company also reported other high-grade gold intercepts and the recommencement of underground exploration development work. This marks the completion of the initial phase of the underground diamond drilling program, with further development aimed at establishing access for the next phase of drilling.

Contango Silver & Gold Inc. announced the commencement of its 2026 Kitsault Valley surface drill program, involving approximately 40,000 meters of drilling. The program, which currently has three active diamond drills and expects two more, will primarily focus on infill and resource expansion at the Dolly Varden, Wolf, and Homestake Ridge deposits. This drilling aims to support a new resource update and a preliminary economic study anticipated in the first half of 2027. Additionally, about 10,000 meters are allocated for exploration holes in the highly prospective Golden Triangle of British Columbia, building on the exciting discovery of Torbrit style mineralization at Wolf from the 2025 season.

Contango Silver & Gold Inc. reported a Q1 2026 net loss of $14.3 million, including a $19.0 million loss on derivative contracts, compared to a $22.5 million net loss in Q1 2025. Despite this, the company's unrestricted cash position increased significantly to $97.5 million from $64.8 million at year-end 2025, driven by a $50 million equity offering. Operational highlights include Manh Choh gold production of 8,012 ounces (Contango's share) and a $9 million cash distribution from the Peak Gold JV, with the project on track to meet 2026 guidance of 40,000-45,000 ounces. The company also reduced debt to $13.6 million and completed the Dolly Varden merger, while advancing exploration and development across its Lucky Shot, Johnson Tract, and Kitsault Valley projects.

Contango Silver & Gold Inc. reported a net loss of $14.3 million for the three months ended March 31, 2026, a significant improvement from the $22.5 million loss in the prior year period. The company completed the acquisition of Dolly Varden Silver Corporation, substantially increasing its total assets to $496.2 million. Cash and cash equivalents also rose to $97.5 million, driven by financing activities and cash acquired in the acquisition.

Contango ORE, Inc., through its subsidiary, acquired 100% ownership of the Lucky Shot project in Alaska from Alaska Hardrock Inc. for $16,074,000. The acquisition includes real property, mining claims, and equipment, and effectively terminates a 2% net smelter returns royalty, enhancing project economics. Concurrently, the company announced successful high-grade drill results from the initial phase of its 2025/2026 underground diamond drilling program at Lucky Shot, with plans for an additional 800 meters of underground development to support future drilling and a feasibility study by H1 2027.

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.

Contango ORE, Inc. announced that its Peak Gold JV made a cash distribution of $9,000,000 to the company on March 25, 2026. This cash inflow is a positive development for the company. Additionally, Contango ORE provided an update regarding its 2026 exploration plans.

Contango Silver & Gold Inc. announced that its common shares have been approved for listing on the Toronto Stock Exchange (TSX). Trading of the company's shares, under the symbol 'CTGO', commenced on the TSX effective April 13, 2026. This listing provides the company with increased visibility and access to a broader investor base.