Contango ore announces pricing of $15 million underwritten public offering

Fairbanks, alaska--(business wire)--contango ore, inc. (“contango” or the “company”) (nyse american: ctgo), today announced the pricing of its previously announced underwritten public offering (the “offering”) of 731,750 units (the “units”) of the company at a price of $20.50 per unit. each unit consists of (i) one share of the company's common stock and (ii) one-half of one accompanying warrant. each whole accompanying warrant is exercisable to purchase one share of the company's common stock.
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