Contango ore announces closing of $30.4 million underwritten public offering of common stock

Houston--(business wire)--contango ore, inc. (“contango,” “core” or the “company”) (nyse american: ctgo), today announced the closing of its previously announced underwritten public offering (the “offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share. gross proceeds from the offering were $30.4 million before deducting underwriting discounts, commissions, and offering expenses. in addition, contango has granted the underwriters a 30-day option to purc.
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