Contango ORE has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $30,400,000.00 in Post-IPO Equity.
According to filings with the U.S. Securities and Exchange Commission, Contango ORE is raising $30,400,000.00 in new funding. About Contango ORE: Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and holds approximately 13,000 State of Alaska mining claims for exploration and development; leases mineral rights approximately 8,600 acres of State of Alaska and patented mining claims for exploration from Alaska Hard Rock, Inc.; and owns 100% interest in the mineral rights to approximately 214,600 acres of State of Alaska mining claims for exploration located north and northwest of the Manh Choh Project. The company also holds interest in the Shamrock property that consists of 361 Alaska state mining claims covering approximately 52,700 acres. Contango Ore, Inc. was founded in 2009 and is headquartered in Houston, Texas.
To learn more about Contango ORE, visit http://www.contangoore.com/
Contact:
Rick Nieuwenhuyse, President and Chief Executive Officer
713-877-1311
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