FAIRBANKS, Alaska, June 10, 2025 – Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) announced today the results of its annual stockholder meeting held virtually on June 10, 2025. The following individuals were elected as directors, serving until the 2026 annual meeting:
- Brad Juneau
- Clynton Nauman
- Darwin Green
- Michael Cinnamond
- Richard A. Shortz
- Rick Van Nieuwenhuyse
Stockholders also approved the subsequent proposals:
- The ratification of Baker Tilly US, LLP, formerly Moss Adams LLP after the completion of their merger on June 3, 2025, as the company’s independent auditor for the fiscal year ending December 31, 2025; and
- A non-binding advisory vote approving the compensation of the Company’s named executive officers.
ABOUT CONTANGO
Contango, listed on the NYSE American, is involved in gold and associated mineral exploration in Alaska. Contango possesses a 30% stake in the Peak Gold JV, leasing roughly 675,000 acres for exploration and development at the Manh Choh project. KG Mining (Alaska), Inc., an indirect subsidiary of Kinross Gold Corporation, owns the remaining 70% and operates the Peak Gold JV. The Company and its subsidiaries also hold (i) a lease agreement with CIRI for the Johnson Tract project, (ii) a lease agreement with Alaska Hardrock Inc. for the Lucky Shot project, (iii) full ownership of approximately 8,600 acres of peripheral State of Alaska mining claims, and (iv) complete interest in about 145,000 acres of State of Alaska mining claims, granting Contango the exclusive right to explore and develop minerals on these lands. More details are available on our website at
FORWARD-LOOKING STATEMENTS
This document includes forward-looking statements about Contango, protected under the Private Securities Litigation Reform Act of 1995’s safe harbor provisions. These statements reflect Contango’s present expectations and include details regarding future operational outcomes, asset base quality, underlying assumptions, and other anticipations, beliefs, plans, objectives, assumptions, strategies, or predictions about future events or performance. These statements often use words like “expects,” “projects,” “anticipates,” “plans,” “estimates,” “potential,” “possible,” “probable,” or “intends,” or indicate that certain actions, events, or results “may,” “will,” “should,” or “could” occur or be achieved. Forward-looking statements rely on current expectations, estimates, and projections involving risks and uncertainties that may cause actual results to differ significantly. These risks include, but aren’t limited to: exploration and mining industry risks such as operational risks, geological uncertainties, the speculative nature of the industry, uncertainty in estimating future production, costs, and expenses, volatility in natural resource prices (including gold and associated minerals), the presence and extent of commercially viable minerals in acquired properties or the Peak Gold JV, the ability to realize the anticipated benefits of the Peak Gold JV, potential delays or changes in exploration/development projects or capital expenditures, the interpretation of exploration results, mineral resource estimation, loss of key personnel, health, safety, environmental risks, and risks from weather and natural disasters. Other uncertainties include financing availability and cost, Contango’s ability to maintain its ownership in the Peak Gold JV, ability to achieve acquisition value, management’s ability to execute plans, disruptions from disease outbreaks like COVID-19, and potential changes in government policies, political developments, or delayed/withheld governmental approvals due to elections or permitting issues. Further information on factors impacting Contango’s program or financials can be found in SEC filings. Investors should recognize that forward-looking statements are not guarantees, and actual results may differ. These statements reflect management’s estimates and opinions at the time, and Contango disclaims any obligation to update them should circumstances or opinions change.
SOURCE Contango Ore
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