Contango Silver & Gold Inc. 8K

The company amended its project finance credit agreement to add up to $60 million of term loan commitments, restructure repayment and hedging terms, and obtain lender consent to terminate and replace certain 2027 gold hedge contracts with put options.

On July 1, 2026, Core Alaska, LLC and its guarantors, including Contango Gold & Silver Inc. (formerly Contango Ore, Inc.), entered into Consent No. 7 and Amendment No. 13 to their May 17, 2023 Credit and Guarantee Agreement with ING Capital LLC (as Administrative Agent) and the lenders, under which the term loan commitments are increased by up to $60 million as of the newly defined Increase Effective Date, the Applicable Margin is set at 3.63% per annum, the amortization schedule and commitment mechanics are revised, and the lenders consent to the termination of certain 2027 required gold hedge agreements and the replacement of part of this exposure with specified put option contracts on 15,000 ounces of gold, with related use-of-proceeds, hedging, mortgage amendment, and covenant adjustments to accommodate these transactions and Contango’s corporate name change.

Filing Facts

CIK

1502377

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-298578

Alert Tier

7