Contango Silver & Gold amends credit facility, converts 15,000 hedged gold ounces into $33 million debt

Contango Silver & Gold Inc.

Contango Silver & Gold Inc.

CTGO

0.00

  • Contango amended its credit facility to convert the remaining 15,000 ounces of hedged gold into debt with existing lenders.
  • Interest rate cut to about 7.40% from about 8.9%; no restructuring fee.
  • Hedge conversion created USD 33 million of debt; USD 715,000 cost of 15,000 puts added to the facility.
  • Total principal increased to USD 46.3 million from USD 12.6 million; repayments run from Sept. 30, 2026 through June 30, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Contango Silver & Gold Inc. published the original content used to generate this news brief on July 06, 2026, and is solely responsible for the information contained therein.