Business Context and Reporting Period
Company: Contango Ore, Inc. (Note: Metadata referenced "Contango Silver & Gold Inc.", but the filing identifies the registrant as Contango Ore, Inc.)
Filing Type: Form 8-K (Current Report)
Date of Report: August 11, 2021
Reporting Period: Single event date (August 11, 2021)
Business Context: The company is a Delaware corporation trading on the OTCQB under the symbol CTGO. This filing serves as a Regulation FD disclosure regarding the release of a new corporate presentation titled "Anchorage Economic Development Corporate Presentation."
Key Financial Metrics
This Form 8-K is a disclosure of a corporate presentation and does not contain specific financial statements, revenue figures, profit data, cash flow, margins, debt levels, or liquidity metrics for the reporting period. The filing text does not provide a clear value for any quantitative financial metric.
Material Changes
No material changes to financial results or operations are reported in this document. The primary event is the public release of a corporate presentation containing forward-looking information and non-GAAP financial measures related to the company's joint venture, Peak Gold, LLC.
Guidance, Outlook, and Risks
- Non-GAAP Measures: The attached presentation includes non-GAAP financial measures. The company states it cannot provide reconciliations to GAAP measures due to the difficulty of quantifying certain amounts and because some data is prepared by partner Kinross Gold Corporation under IFRS standards.
- Forward-Looking Statements: The filing contains forward-looking statements regarding future strategies, operating performance, and the realization of benefits from transactions with an affiliate of Kinross Gold Corporation.
- Risks: The company cautions that actual performance may differ materially from projections due to substantial risks and uncertainties, referencing risk factors detailed in their Form 10-K and 10-Q filings.
- Legal Status: The information in the presentation is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities of that section.
Investor Verification Checklist
- Verify the company name discrepancy between the metadata ("Contango Silver & Gold Inc.") and the filing ("Contango Ore, Inc.").
- Review the attached Exhibit 99.1 ("Anchorage Economic Development Corporate Presentation") for specific non-GAAP metrics, noting the lack of GAAP reconciliation.
- Consult the most recent Form 10-K and 10-Q filings to understand the specific risk factors and GAAP financial position referenced in this 8-K.
- Confirm the status of the joint venture with Kinross Gold Corporation (Peak Gold, LLC) and the company's 30% interest therein.