Contango Holdings Plc

Our principle assets are the 70% interest in the Muchesu Coal project in Zimbabwe and our 100% owned Garalo-Ntiela Gold Project in Mali. (LON:CGO)

[Contango Holdings Plc @ContangoPlc]

Proposed £5m Strategic Subscription at 39% Premium

#CGO has received a proposal from strategic investors Pacific Goal Investments (PGI) and Huo Investments to subscribe for ~£5 million at 1.11p per share — a 39% premium to the 12 Feb mid-market close.

https://t.co/r0baGsqvB9

[Contango Holdings Plc @ContangoPlc]

📢 #CGO confirms registration of PGI as 51% owner and operator of the Muchesu Project, alongside receipt of US$1,000,000

This marks a major milestone in advancing the +2bn tonne Muchesu coal project in Zimbabwe and strengthening our strategic partnership

https://t.co/puUA8NohJn

[Contango Holdings Plc @ContangoPlc]

𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗦𝗵𝗮𝗿𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲

#CGO announces that NED Oliver Stansfield, purchased 4,803,334 ordinary shares in the Company on market, at a price of 0.8p

Following this share purchase, Oliver Stansfield holds 18,000,000 Shares (2.4%)

https://t.co/lV3oYBWqLa

[Contango Holdings Plc @ContangoPlc]

𝗩𝗮𝗿𝗶𝗮𝘁𝗶𝗼𝗻 𝘁𝗼 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗳𝗼𝗿 𝗠𝘂𝗰𝗵𝗲𝘀𝘂

#CGO brings notable operator and developer Pacific Goal into Muchesu development

https://t.co/TBkHRBl1mg

[Contango Holdings Plc @ContangoPlc]

We are pleased to advise that Mr Daniel dos Santos has been appointed to the Board of #CGO as Chief Executive Officer.

In June 2024, Mr Dos Santos was appointed as a director of Monaf Investments, the in-country operating company of the Muchesu project.

https://t.co/kVMttj3u0y

[Contango Holdings Plc @ContangoPlc]

“…Work and capital investment has continued at Muchesu since our last update, including the commencement of installation of coke batteries. An additional RNS will be made addressing operational activities…”

#CGO CEO Carl Esprey.

https://t.co/CBnjrdGmAv

[Contango Holdings Plc @ContangoPlc]

𝗜𝗻𝗶𝘁𝗶𝗮𝗹 𝗨𝗦$𝟭𝗠 𝗥𝗼𝘆𝗮𝗹𝘁𝘆 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗥𝗲𝗰𝗲𝗶𝘃𝗲𝗱

We are pleased to advise since February 2025 #CGO have received further royalty payments.

We are currently finalising the payments schedule of the second US$1,000,000 payment.

https://t.co/CBnjrdFOKX

[Contango Holdings Plc @ContangoPlc]

We can announce certain changes to the #CGO Board.

“…As the Company evolves, so too should its Board. Today's changes are the first steps in positioning the Company for future expansion as a listed plc…”

CEO Carl Esprey

https://t.co/OztxfL6MlN

[Contango Holdings Plc @ContangoPlc]

Strategic Investor Increases Ownership in Muchesu by Purchasing Minority Holding

“This should provide shareholders with further confidence of the Investor's focus on the development of the Muchesu Project and its inherent value”

#CGO CEO Carl Esprey

https://t.co/s0UFB0n33X

[Contango Holdings Plc @ContangoPlc]

Unaudited #CGO Interim Results for the six months to 30 November 2024

https://t.co/Vj0Ivfc4PG

[Contango Holdings Plc @ContangoPlc]

We are pleased to confirm we have now received a further royalty payment of US$300,000.

This brings the total royalty receipts to date for #CGO under the previously reported Mineral Royalty Agreement with Huo Investments to US$500,000.

https://t.co/8ijlMHN0Ss

[Contango Holdings Plc @ContangoPlc]

We have today published a Prospectus, enabling the completion of the previously reported Subscription by Huo Investments, who will become #CGO’s largest shareholder.

https://t.co/4z0hVLjXqf

[Contango Holdings Plc @ContangoPlc]

We are pleased to confirm that we have now received the first royalty payment of US$200,000 and expect to receive a further US$800,000 this month.

Combined these will bring total #CGO royalty receipts to US$1,000,000 as envisaged and previously reported.

https://t.co/gESbtEc58x

[Contango Holdings Plc @ContangoPlc]

The new operators overseeing the recently completed DMS plant.

#CGO's switch to a royalty model not only lowers commodity risk & cost inflation exposure, but ensures operatorship is assumed by highly-experienced, well capitalised partners focused on boosting production & sales

[Contango Holdings Plc @ContangoPlc]

𝐑𝐞𝐬𝐭𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐓𝐫𝐚𝐝𝐢𝐧𝐠

Following the publication of our Annual Report for the year ending 31 May 2024 on 22 November 2024…the Company's #CGO shares will be restored to trading on the Main Market of the @LSEplc today.

https://t.co/gB7WSYhjEu

[Contango Holdings Plc @ContangoPlc]

Overview of the newly constructed DMS plant capable of procession 3,000t per day of coking coal

#CGO #MiningNews #CokingCoal

[Contango Holdings Plc @ContangoPlc]

Testing earlier this month at the now operational DMS plant…

#CGO #MiningNews

https://t.co/3dpfUAsfzV

[Contango Holdings Plc @ContangoPlc]

We are pleased to provide an update on our #CGO operations, financial performance, and corporate affairs.

https://t.co/3dpfUAsfzV

[Contango Holdings Plc @ContangoPlc]

“…With the expectation of a first royalty payment this year and welcoming the Investor as the largest shareholder in the Company following the issue of the SFP, the outlook for the Company is looking overwhelmingly positive…”

#CGO CEO Carl Esprey

https://t.co/VNTHKJIP18

[Contango Holdings Plc @ContangoPlc]

𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 & 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗨𝗽𝗱𝗮𝘁𝗲

We are pleased to provide an update on our progress over the last month.

#CGO #MiningNews

https://t.co/VNTHKJIP18