Contango Ore (CTGO) is pleased to announce that the Peak Gold JV has made cash distributions totaling $24M to Contango in the first quarter of 2025. These distributions consist of two payments: $9M related to additional cash profits from 2024 production, paid on March 12, 2025; and $15M related to profits from the first half of Campaign #1 for 2025, paid on March 27, 2025. Campaign #1-2025 is expected to be completed by late April, at which time a third cash distribution from gold sales is anticipated.
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