Contango ORE acquires HighGold Mining in a $37M deal, forming a leading North American gold producer.
Contango ORE, Inc. is acquiring HighGold Mining Inc. in a deal worth approximately $37M, creating a leading North American gold producer with high-grade deposits in Alaska, US. The transaction will see Contango shareholders owning ~85% and HighGold shareholders ~15% of the combined company, and will triple Contango's current resources. The acquisition is expected to complete by the second half of 2024 and aims to unlock value from HighGold's Johnson Tract Project.
May 02, 2024
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