AcquisitionDec 7, 2025Completed
🇨🇦 Canada
DVDolly Varden Silver CorporationCOContango ORE, Inc.
Materials & Chemicals › Metals & Mining
Deal valueUndisclosed
AnnouncedDec 7, 2025
ConsiderationStock
StructureOther
RegionNorth America
Cross-borderYes
Contingent paymentNo
Overview
Contango Silver & Gold agreed to acquire Dolly Varden Silver via a statutory plan of arrangement, with each Dolly Varden share exchanged for 0.1652 of a Contango share (or an exchangeable share of Acquireco for eligible holders).
Deal rationale
The merger combines Contango's cash-flowing Manh Choh gold mine and Alaska projects with Dolly Varden's Kitsault Valley silver-gold project to create a North American mid-tier precious metals producer.
AI-generated from the SEC filingCompletedMaterials & Chemicals › Metals & MiningCanadaNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Stock |
Advisors
Buy-side
CGCanaccord Genuity
Sell-side
RJRaymond James
Parties
Target
DVDolly Varden Silver Corporation
- Headquarters
- Canada
- Ticker
- —
Acquirer
COContango ORE, Inc.
- Headquarters
- United States
- Ticker
- —