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[8-K] Contango ORE, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

On June 25, 2025, Contango ORE, Inc. (NYSE-American: CTGO) furnished a Form 8-K to disclose the receipt of a $21.0 million cash distribution from the Peak Gold Joint Venture ("Peak Gold JV"). The payment was announced in a press release attached as Exhibit 99.1 and is not deemed "filed" under the Exchange Act. No other financial metrics or operational updates were provided in the filing.

The distribution flows directly to Contango ORE and immediately increases the company’s cash position, strengthening near-term liquidity and providing additional flexibility for project funding or corporate purposes. Management supplied no guidance on the intended use of proceeds, but the incremental cash represents a material inflow relative to the company’s historical scale.

The filing contains the standard safe-harbor language for forward-looking statements and reiterates that actual results could differ due to numerous risk factors outlined in prior 10-K and 10-Q reports. Apart from the cash distribution disclosure, there were no changes to the company’s capital structure, governance, or strategic outlook.

Il 25 giugno 2025, Contango ORE, Inc. (NYSE-American: CTGO) ha presentato un modulo 8-K per comunicare la ricezione di una distribuzione in contanti di 21,0 milioni di dollari dal Peak Gold Joint Venture ("Peak Gold JV"). Il pagamento è stato annunciato in un comunicato stampa allegato come Exhibit 99.1 e non è considerato "depositato" ai sensi dell'Exchange Act. Non sono stati forniti altri dati finanziari o aggiornamenti operativi nel documento.

La distribuzione viene trasferita direttamente a Contango ORE e aumenta immediatamente la liquidità disponibile dell'azienda, rafforzando la posizione finanziaria a breve termine e offrendo maggiore flessibilità per il finanziamento di progetti o per scopi aziendali. La direzione non ha fornito indicazioni sull’utilizzo previsto dei fondi, ma l’incremento di cassa rappresenta un afflusso significativo rispetto alla dimensione storica dell’azienda.

Il documento contiene la consueta clausola di esonero per dichiarazioni previsionali e ribadisce che i risultati effettivi potrebbero differire a causa di numerosi fattori di rischio descritti nei precedenti rapporti 10-K e 10-Q. A parte la comunicazione sulla distribuzione in contanti, non sono state apportate modifiche alla struttura del capitale, alla governance o alla strategia aziendale.

El 25 de junio de 2025, Contango ORE, Inc. (NYSE-American: CTGO) presentó un Formulario 8-K para informar la recepción de una distribución en efectivo de 21,0 millones de dólares del Peak Gold Joint Venture ("Peak Gold JV"). El pago fue anunciado en un comunicado de prensa adjunto como Exhibit 99.1 y no se considera "presentado" bajo la Exchange Act. No se proporcionaron otros datos financieros ni actualizaciones operativas en la presentación.

La distribución fluye directamente a Contango ORE y aumenta inmediatamente la posición de efectivo de la empresa, fortaleciendo la liquidez a corto plazo y proporcionando mayor flexibilidad para financiar proyectos o fines corporativos. La dirección no ofreció orientación sobre el uso previsto de los fondos, pero el efectivo adicional representa una entrada material en relación con la escala histórica de la empresa.

La presentación contiene el lenguaje estándar de exención para declaraciones prospectivas y reitera que los resultados reales podrían diferir debido a numerosos factores de riesgo detallados en informes 10-K y 10-Q anteriores. Aparte de la divulgación de la distribución en efectivo, no hubo cambios en la estructura de capital, gobernanza o perspectiva estratégica de la empresa.

2025� 6� 25�, Contango ORE, Inc. (NYSE-American: CTGO)� Peak Gold Joint Venture("Peak Gold JV")로부� 2,100� 달러 현금 배당 수령� 공시하기 위해 Form 8-K� 제출했습니다. 해당 지� 내역은 Exhibit 99.1� 첨부� 보도자료에서 발표되었으며, Exchange Act� 따라 "제출�"으로 간주되지 않습니다. 제출서에� 다른 재무 지표나 운영 업데이트� 포함되지 않았습니�.

이번 배당금은 Contango ORE� 직접 유입되어 회사� 현금 보유액을 즉시 증가시키�, 단기 유동성을 강화하고 프로젝트 자금 조달 또는 기업 목적� 위한 추가적인 유연성을 제공합니�. 경영진은 수익금의 사용 계획� 대� 지침을 제공하지 않았으나, 이번 현금 증가� 회사� 과거 규모� 비해 상당� 유입입니�.

제출서에� 전향� 진술� 대� 표준 안전 항구 문구가 포함되어 있으�, 실제 결과� 이전 10-K � 10-Q 보고서에 명시� 여러 위험 요인으로 인해 달라� � 있음� 재확인합니다. 현금 배당 공시 외에� 회사� 자본 구조, 지배구� 또는 전략� 전망� 변� 사항� 없습니다.

Le 25 juin 2025, Contango ORE, Inc. (NYSE-American : CTGO) a déposé un formulaire 8-K pour divulguer la réception d'une distribution en espèces de 21,0 millions de dollars provenant du Peak Gold Joint Venture (« Peak Gold JV »). Le paiement a été annoncé dans un communiqué de presse joint en tant qu’Exhibit 99.1 et n’est pas considéré comme « déposé » au titre de l’Exchange Act. Aucun autre indicateur financier ou mise à jour opérationnelle n’a été fournie dans le dépôt.

La distribution est versée directement à Contango ORE et augmente immédiatement la trésorerie de la société, renforçant la liquidité à court terme et offrant une flexibilité supplémentaire pour le financement de projets ou à des fins corporatives. La direction n’a pas indiqué l’usage prévu des fonds, mais cette entrée de liquidités représente un flux significatif par rapport à la taille historique de l’entreprise.

Le dépôt contient la clause de non-responsabilité standard pour les déclarations prospectives et rappelle que les résultats réels pourraient différer en raison de nombreux facteurs de risque détaillés dans les rapports 10-K et 10-Q antérieurs. À l’exception de la divulgation de la distribution en espèces, aucune modification n’a été apportée à la structure du capital, à la gouvernance ou à la stratégie de l’entreprise.

Am 25. Juni 2025 reichte Contango ORE, Inc. (NYSE-American: CTGO) ein Formular 8-K ein, um den Erhalt einer Barzahlung in Höhe von 21,0 Millionen US-Dollar vom Peak Gold Joint Venture („Peak Gold JV�) offenzulegen. Die Zahlung wurde in einer als Exhibit 99.1 beigefügten Pressemitteilung angekündigt und gilt nicht als „eingereicht� gemäß dem Exchange Act. Weitere finanzielle Kennzahlen oder operative Updates wurden in der Einreichung nicht bereitgestellt.

Die Ausschüttung fließt direkt an Contango ORE und erhöht sofort die Barbestände des Unternehmens, stärkt die kurzfristige Liquidität und bietet zusätzliche Flexibilität für Projektfinanzierungen oder unternehmensbezogene Zwecke. Das Management gab keine Hinweise zur geplanten Verwendung der Mittel, aber der zusätzliche Bargeldzufluss stellt im Verhältnis zur bisherigen Unternehmensgröße einen erheblichen Zufluss dar.

Die Einreichung enthält die übliche Safe-Harbor-Klausel für zukunftsgerichtete Aussagen und betont, dass die tatsächlichen Ergebnisse aufgrund zahlreicher in früheren 10-K- und 10-Q-Berichten aufgeführter Risikofaktoren abweichen können. Abgesehen von der Offenlegung der Barausschüttung gab es keine Änderungen an der Kapitalstruktur, der Unternehmensführung oder der strategischen Ausrichtung.

Positive
  • $21.0 million cash distribution from Peak Gold JV materially strengthens Contango ORE’s liquidity position.
  • Distribution confirms cash-flow generation at the Manh Choh/Peak Gold project, reducing financing uncertainty.
Negative
  • None.

Insights

TL;DR: $21M JV distribution materially improves CTGO liquidity and is modestly credit-positive.

The $21 million cash inflow equates to a significant percentage of Contango ORE’s market capitalization and historical cash balances, offering immediate balance-sheet relief. While the filing is thin on detail, the influx can fund exploration or reduce financing needs for the Manh Choh project, lessening dilution risk. Absence of stated use of funds or updated capex estimates tempers enthusiasm, but overall, the event is financially positive and should enhance investor confidence in JV cash-flow generation.

TL;DR: Cash proves Peak Gold JV is generating distributable surplus; positive signal for project economics.

A distribution of this magnitude indicates that Peak Gold JV operations are now sufficiently cash-generative to remit funds to partners. For a junior miner like CTGO, external validation of project cash flow de-risks future development and financing. The lack of production or cost data limits deeper analysis, but the payment affirms operational momentum at the Manh Choh deposit. Investors should watch for subsequent quarters to gauge sustainability of distributions.

Il 25 giugno 2025, Contango ORE, Inc. (NYSE-American: CTGO) ha presentato un modulo 8-K per comunicare la ricezione di una distribuzione in contanti di 21,0 milioni di dollari dal Peak Gold Joint Venture ("Peak Gold JV"). Il pagamento è stato annunciato in un comunicato stampa allegato come Exhibit 99.1 e non è considerato "depositato" ai sensi dell'Exchange Act. Non sono stati forniti altri dati finanziari o aggiornamenti operativi nel documento.

La distribuzione viene trasferita direttamente a Contango ORE e aumenta immediatamente la liquidità disponibile dell'azienda, rafforzando la posizione finanziaria a breve termine e offrendo maggiore flessibilità per il finanziamento di progetti o per scopi aziendali. La direzione non ha fornito indicazioni sull’utilizzo previsto dei fondi, ma l’incremento di cassa rappresenta un afflusso significativo rispetto alla dimensione storica dell’azienda.

Il documento contiene la consueta clausola di esonero per dichiarazioni previsionali e ribadisce che i risultati effettivi potrebbero differire a causa di numerosi fattori di rischio descritti nei precedenti rapporti 10-K e 10-Q. A parte la comunicazione sulla distribuzione in contanti, non sono state apportate modifiche alla struttura del capitale, alla governance o alla strategia aziendale.

El 25 de junio de 2025, Contango ORE, Inc. (NYSE-American: CTGO) presentó un Formulario 8-K para informar la recepción de una distribución en efectivo de 21,0 millones de dólares del Peak Gold Joint Venture ("Peak Gold JV"). El pago fue anunciado en un comunicado de prensa adjunto como Exhibit 99.1 y no se considera "presentado" bajo la Exchange Act. No se proporcionaron otros datos financieros ni actualizaciones operativas en la presentación.

La distribución fluye directamente a Contango ORE y aumenta inmediatamente la posición de efectivo de la empresa, fortaleciendo la liquidez a corto plazo y proporcionando mayor flexibilidad para financiar proyectos o fines corporativos. La dirección no ofreció orientación sobre el uso previsto de los fondos, pero el efectivo adicional representa una entrada material en relación con la escala histórica de la empresa.

La presentación contiene el lenguaje estándar de exención para declaraciones prospectivas y reitera que los resultados reales podrían diferir debido a numerosos factores de riesgo detallados en informes 10-K y 10-Q anteriores. Aparte de la divulgación de la distribución en efectivo, no hubo cambios en la estructura de capital, gobernanza o perspectiva estratégica de la empresa.

2025� 6� 25�, Contango ORE, Inc. (NYSE-American: CTGO)� Peak Gold Joint Venture("Peak Gold JV")로부� 2,100� 달러 현금 배당 수령� 공시하기 위해 Form 8-K� 제출했습니다. 해당 지� 내역은 Exhibit 99.1� 첨부� 보도자료에서 발표되었으며, Exchange Act� 따라 "제출�"으로 간주되지 않습니다. 제출서에� 다른 재무 지표나 운영 업데이트� 포함되지 않았습니�.

이번 배당금은 Contango ORE� 직접 유입되어 회사� 현금 보유액을 즉시 증가시키�, 단기 유동성을 강화하고 프로젝트 자금 조달 또는 기업 목적� 위한 추가적인 유연성을 제공합니�. 경영진은 수익금의 사용 계획� 대� 지침을 제공하지 않았으나, 이번 현금 증가� 회사� 과거 규모� 비해 상당� 유입입니�.

제출서에� 전향� 진술� 대� 표준 안전 항구 문구가 포함되어 있으�, 실제 결과� 이전 10-K � 10-Q 보고서에 명시� 여러 위험 요인으로 인해 달라� � 있음� 재확인합니다. 현금 배당 공시 외에� 회사� 자본 구조, 지배구� 또는 전략� 전망� 변� 사항� 없습니다.

Le 25 juin 2025, Contango ORE, Inc. (NYSE-American : CTGO) a déposé un formulaire 8-K pour divulguer la réception d'une distribution en espèces de 21,0 millions de dollars provenant du Peak Gold Joint Venture (« Peak Gold JV »). Le paiement a été annoncé dans un communiqué de presse joint en tant qu’Exhibit 99.1 et n’est pas considéré comme « déposé » au titre de l’Exchange Act. Aucun autre indicateur financier ou mise à jour opérationnelle n’a été fournie dans le dépôt.

La distribution est versée directement à Contango ORE et augmente immédiatement la trésorerie de la société, renforçant la liquidité à court terme et offrant une flexibilité supplémentaire pour le financement de projets ou à des fins corporatives. La direction n’a pas indiqué l’usage prévu des fonds, mais cette entrée de liquidités représente un flux significatif par rapport à la taille historique de l’entreprise.

Le dépôt contient la clause de non-responsabilité standard pour les déclarations prospectives et rappelle que les résultats réels pourraient différer en raison de nombreux facteurs de risque détaillés dans les rapports 10-K et 10-Q antérieurs. À l’exception de la divulgation de la distribution en espèces, aucune modification n’a été apportée à la structure du capital, à la gouvernance ou à la stratégie de l’entreprise.

Am 25. Juni 2025 reichte Contango ORE, Inc. (NYSE-American: CTGO) ein Formular 8-K ein, um den Erhalt einer Barzahlung in Höhe von 21,0 Millionen US-Dollar vom Peak Gold Joint Venture („Peak Gold JV�) offenzulegen. Die Zahlung wurde in einer als Exhibit 99.1 beigefügten Pressemitteilung angekündigt und gilt nicht als „eingereicht� gemäß dem Exchange Act. Weitere finanzielle Kennzahlen oder operative Updates wurden in der Einreichung nicht bereitgestellt.

Die Ausschüttung fließt direkt an Contango ORE und erhöht sofort die Barbestände des Unternehmens, stärkt die kurzfristige Liquidität und bietet zusätzliche Flexibilität für Projektfinanzierungen oder unternehmensbezogene Zwecke. Das Management gab keine Hinweise zur geplanten Verwendung der Mittel, aber der zusätzliche Bargeldzufluss stellt im Verhältnis zur bisherigen Unternehmensgröße einen erheblichen Zufluss dar.

Die Einreichung enthält die übliche Safe-Harbor-Klausel für zukunftsgerichtete Aussagen und betont, dass die tatsächlichen Ergebnisse aufgrund zahlreicher in früheren 10-K- und 10-Q-Berichten aufgeführter Risikofaktoren abweichen können. Abgesehen von der Offenlegung der Barausschüttung gab es keine Änderungen an der Kapitalstruktur, der Unternehmensführung oder der strategischen Ausrichtung.

0001502377false00015023772025-06-252025-06-25

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 25, 2025

 

 

Contango Ore, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-35770

27-3431051

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

516 2nd Avenue

Suite 401

 

Fairbanks, Alaska

 

99701

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (907) 888-4273

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, Par Value $0.01 per share

 

CTGO

 

NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 7.01 Regulation FD Disclosure.

On June 25, 2025, Contango Ore, Inc. (the “Company”) issued a press release, announcing $21.0 million in cash distributions to Contango from the Peak Gold JV. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is available on the Company’s website at www.contangoore.com..

The information included herein and in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

Cautionary Note Regarding Forward-Looking Statements

Many of the statements included or incorporated in this Current Report on Form 8-K and the furnished exhibit constitute “forward-looking statements.” In particular, they include statements relating to future actions, strategies, future operating and financial performance, ability to realize the anticipated benefits of various transactions and the Company’s future financial results. These forward-looking statements are based on current expectations and projections about future events. Readers are cautioned that forward-looking statements are not guarantees of future operating and financial performance or results and involve substantial risks and uncertainties that cannot be predicted or quantified, and, consequently, the actual performance of the Company may differ materially from that expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, factors described from time to time in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (including the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained therein).

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description of Exhibit

99.1

Press Release of the Company, dated June 25, 2025.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

CONTANGO ORE, INC.

 

 

 

 

Date:

June 27, 2025

By:

/s/ Mike Clark

 

 

 

Chief Financial Officer and Secretary

 


FAQ

What did Contango ORE (CTGO) announce in its June 25 2025 Form 8-K?

The company disclosed a $21.0 million cash distribution received from the Peak Gold JV.

Does the $21 million distribution affect Contango ORE’s financial statements?

Yes, it increases CTGO’s cash balance; however, detailed financial impact will appear in future 10-Q/10-K filings.

Is the press release attached to the 8-K considered "filed" with the SEC?

No. The press release (Exhibit 99.1) is furnished, not filed, and is therefore not subject to Section 18 liability.

Where can investors access the full press release about the distribution?

It is available as Exhibit 99.1 to the 8-K and on www.contangoore.com.

Did the 8-K provide details on how CTGO will use the $21 million?

No. The filing did not specify intended use of proceeds or provide additional guidance.
Contango Ore

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