Contango ORE, Inc. Announces Private Placement of Common Stock

October 25, 2017

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HOUSTON–(BUSINESS WIRE)–Contango ORE, Inc. (“CORE” or the “Company”) (OTCQB: CTGO) announced today that is has completed the sale of 553,672 shares of its Common Stock, par value $0.01 per share, at a price of $19 per share in a private placement to certain investors. The Company will use the net proceeds of approximately $10.0 million from this offering to fund its proportionate share of its future exploration and development programs at Peak Gold, LLC, our joint venture with Royal Alaska, a

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