Contango ore enters into project finance mandate with ing and macquarie to fund the construction of its share of the manh choh gold project alongside jv partner kinross gold

Houston--(business wire)--contango ore, inc. (“core,” “contango” or the “company”) (nyse american: ctgo) is pleased to announce that it has entered into an agreement with ing capital llc (“ing”) and macquarie to arrange a us$70 million senior secured loan facility to fund its portion of the pre-production construction and working capital/operating expenditures for the peak gold joint venture (“pgjv”), owner of the manh choh gold project in alaska.
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