Contango ORE (NYSE American: CTGO) holders approve Dolly Varden deal, big share increase

NodeGuardian · 2026-04-07T01:08:50+00:00

Contango ORE, Inc. stockholders approved key proposals for acquiring Dolly Varden Silver Corporation, including share issuance and increasing authorized shares. The deal awaits final court approval on March 23, 2026, with 66% shareholder turnout.

NodeGuardian

2026-04-07 01:08:50

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Contango ORE, Inc. stockholders overwhelmingly approved key proposals related to its acquisition of Dolly Varden Silver Corporation, including issuing shares to Dolly Varden shareholders and increasing the authorized common shares from 45 million to 250 million. The acquisition, which involves an exchange ratio of 0.1652 Contango shares for each Dolly Varden share, awaits final approval from the British Columbia Supreme Court on March 23, 2026. Shareholder turnout was robust, with approximately 66% of outstanding shares represented at the special meeting.

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