Contango | Jotup

Blockmate Investee Hivello Successfully Raises USD $2.5M

Retrieved on:

Wednesday, January 31, 2024

Internet, Web3, Contango, Digital asset, USD, CAD, Computer, Blockchain, SAFE, NGC, IDG, Cryptocurrency

TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”), an innovative investment firm in the blockchain technology space, proudly announces that its investee, Hivello Holdings, has secured a further USD $1.5 million after receiving strong interest from investors following the announcement of a USD $1 million raise in December 2023.

Key Points:

TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”), an innovative investment firm in the blockchain technology space, proudly announces that its investee, Hivello Holdings, has secured a further USD $1.5 million after receiving strong interest from investors following the announcement of a USD $1 million raise in December 2023.
Due to the overwhelming interest, of the additional USD $1.5 million, USD $1 million was raised at a pre-money valuation of $9 million - an 80% premium to the round which just closed in December 2023.
Consequently once converted, the post-money implied valuation of Blockmate’s 67% stake is USD $6.7 million (CAD $8.9 million) or 8.1 cents per Blockmate share1.
Justin Rosenberg, CEO of Blockmate Ventures, commented, “We are thrilled to see strong interest from new funds joining us at the table.

Glancy Prongay & Murray LLP Announces Investigation of Contango ORE, Inc.

Retrieved on:

Friday, February 2, 2024

Class Action Lawsuit, Professional Services, Legal, GPM, Contango, Suite, Helmsley Building, OTCQB

Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Contango ORE, Inc. (OTCQB: CTGO) concerning the Company and its directors’ and officers’ possible violations of state laws.

Key Points:

Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Contango ORE, Inc. (OTCQB: CTGO) concerning the Company and its directors’ and officers’ possible violations of state laws.
If you inquire by email please include your mailing address, telephone number, and the number of shares purchased and held.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240202199681/en/

Eesee Raises $2.85 Million to Bring Gamified Experiences to Sellers Across the Crypto Market

Retrieved on:

Wednesday, January 10, 2024

Professional Services, Technology, Cryptocurrency, Finance, Fintech, Digital Cash Management, Digital Assets, Polygon, Partnership, NFT, Contango, Digital asset, Elis James, Logic, Chain-link fencing

eesee , an innovative one-stop liquidity solution and gamified marketplace for sellers, has announced the successful closing of its $2.85 million fundraise.

Key Points:

eesee , an innovative one-stop liquidity solution and gamified marketplace for sellers, has announced the successful closing of its $2.85 million fundraise.
The raise included a $1.1 million seed round and a $1.75 million private round, with participation by SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, BasementDAO, and more.
Currently, no gamified digital asset marketplaces allow sellers to sell digital assets creatively while eliminating most of the buy-side friction currently seen in the industry.
With eesee, sellers can create a customized gamified drop, such as a decentralized onchain raffle, to effectively sell an asset above the current floor price.

Contango ORE Announces Closing of $30.4 Million Underwritten Public Offering of Common Stock

Retrieved on:

Wednesday, July 26, 2023

Mining, Minerals, Natural Resources, Attention, Telephone, Park Avenue, Wall Street, Peak gold, Enterprise file synchronization and sharing, Sale, Prospectus, The Lucky Shot, Contango, Offering, Form, NYSE, Security (finance)

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced the closing of its previously announced underwritten public offering (the “Offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share.

Key Points:

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced the closing of its previously announced underwritten public offering (the “Offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share.
Gross proceeds from the Offering were $30.4 million before deducting underwriting discounts, commissions, and Offering expenses.
In addition, Contango has granted the underwriters a 30-day option to purchase up to an additional 240,000 shares of common stock.
The final terms of the Offering are disclosed in a final prospectus supplement which has been filed with the SEC.

Contango ORE Announces Pricing of $30.4 Million Underwritten Public Offering of Common Stock

Retrieved on:

Monday, July 24, 2023

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share.

Key Points:

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share.
Gross proceeds from the Offering are expected to be $30.4 million before deducting underwriting discounts, commissions, and estimated Offering expenses.
In addition, Contango has granted the underwriters a 30-day option to purchase up to an additional 240,000 shares of common stock.
The final terms of the Offering will be disclosed in a final prospectus supplement to be filed with the SEC.

Contango ORE Announces Underwritten Public Offering of Common Stock

Retrieved on:

Friday, July 21, 2023

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced it has commenced an underwritten public offering (the “Offering”) of shares of its common stock.

Key Points:

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced it has commenced an underwritten public offering (the “Offering”) of shares of its common stock.
All of the shares of common stock in the Offering are to be sold by Contango.
In addition, Contango intends to grant the underwriters in the Offering, a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the Offering.
The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.

Contango ORE Issues Initial S-K 1300 Resource Technical Report Summary for the Lucky Shot Project, Alaska – Indicated grades average 15 g/t

Retrieved on:

Monday, June 12, 2023

Mining, Minerals, Natural Resources, Q&A, Table, Multimedia, Projection, QP, The Lucky Shot, Gold, Contango, NYSE, Technical

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO) announced that it has filed an initial Technical Report Summary (“TRS”) detailing the gold resources at the Lucky Shot Project located near Willow, Alaska.

Key Points:

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO) announced that it has filed an initial Technical Report Summary (“TRS”) detailing the gold resources at the Lucky Shot Project located near Willow, Alaska.
An uncapped gold estimate within the resource shapes produces roughly 30 to 38% more total gold metal globally for both the Lucky Shot and Coleman segments of the Lucky Shot vein (Table 4).
Figure 1 shows the gold composites vs gold estimation for the Coleman segment which has far more drilling than the Lucky Shot segment.
As the area in general is underexplored, there is good potential to delineate additional exploration targets on the Lucky Shot Project lease.

Contango ORE Set to Join Russell 3000® and Russell Microcap Indexes

Retrieved on:

Tuesday, May 30, 2023

Mining, Minerals, Natural Resources, Growth, FTSE Russell, Russell, Contango, NYSE, News, Cryptocurrency

Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, Contango is set to join the broad-market Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023.

Key Points:

Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, Contango is set to join the broad-market Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
Russell indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website .

Contango ORE Announces Completion of S-K 1300 Technical Report Summary for Its Manh Choh Project in Alaska

Retrieved on:

Friday, May 26, 2023

Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A.

Key Points:

Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A.
Rick Van Nieuwenhuyse, the Company’s President and Chief Executive Officer said: “With the completion of the tolling agreement with the Fort Knox Mine, we were able to complete the TRS.
Contango also owns a 100% interest in approximately 167,000 acres of State of Alaska mining claims through Contango Mineral Alaska, LLC, its wholly owned subsidiary, which gives Contango the exclusive right to explore and develop minerals on these lands.
A copy of the S-K 1300 Feasibility Study for the Manh Choh project can be found on our website: https://www.contangoore.com/investors/overview .
The TRS was prepared in accordance with S-K 1300 and was filed on May 26, 2023 with the SEC through EDGAR on Form 8-K.

Contango ORE Closes Its Secured Credit Facility With ING and Macquarie to Fund the Construction of the Manh Choh Gold Project

Retrieved on:

Thursday, May 18, 2023

PGJV has received the federal permits needed for road construction and early work construction, which has been underway since August 2022 and continued throughout the winter months.

Key Points:

PGJV has received the federal permits needed for road construction and early work construction, which has been underway since August 2022 and continued throughout the winter months.
First gold production from the project is expected in the second half of 2024.
Building upon the relationship with these two institutions will be a key part of growing the Company going forward.
As a condition precedent to the second borrowing, the Company is required to hedge approximately 125koz of its attributable gold production from Manh Choh.