Contango Silver & Gold Inc. has entered into a significant sales agreement that allows the company to raise up to $75 million through the sale of its common stock. This agreement, announced on November 13, 2026, is a strategic move aimed at bolstering the company’s financial position in a competitive market.

The sales agreement, known as a Controlled Equity OfferingSM, was made with Cantor Fitzgerald & Co. as the lead agent and several other co-agents including ATB Capital Markets USA Inc., BTIG, LLC, and others. This collaboration enables Contango to offer and sell shares of its common stock over time, providing flexibility in capital raising.

According to the filing, the shares will be sold under the company’s shelf registration statement, which was filed with the Securities and Exchange Commission (SEC) earlier this year. The sales may occur through transactions defined as “at the market offerings,” allowing the company to sell shares directly to investors at prevailing market prices.

Contango Silver & Gold Inc., which operates in the gold and silver ores industry, is based in Fairbanks, Alaska. The company’s strategic decision to enter this sales agreement reflects its ongoing efforts to strengthen its capital base and support its operational activities.

The filing specifies that the company will pay the agents a commission of up to 3.00% on the gross proceeds from each sale of shares. This arrangement includes customary representations, warranties, and indemnification obligations, ensuring that both parties are protected against potential liabilities.

This move is particularly relevant as it comes at a time when the gold and silver ores industry is experiencing various market dynamics. By securing additional funding, Contango aims to enhance its competitive position and potentially expand its operations or explore new opportunities within the sector.

Investors and stakeholders will be closely monitoring how this sales agreement unfolds and its implications for the company’s growth trajectory. The filing did not specify what actions will follow this agreement, leaving some uncertainty about the immediate next steps.

In summary, Contango Silver & Gold Inc.'s new sales agreement marks a pivotal moment for the company as it seeks to raise substantial capital to support its future endeavors in the gold and silver ores market.