-+ 0.00%
-+ 0.00%
-+ 0.00%
Contango Concludes Share Subscription Offer with Existing Shareholder, Strategic Investor
Share
Listen to the news
04:37 AM EDT, 08/28/2026 (MT Newswires) -- Contango Holdings (CGO.L) concluded a share subscription offer with its existing shareholder Huo Investments, and a new investor Pacific Goal Investments. The UK-based natural resource development company received 5 million pounds sterling by issuing 450,450,451 new shares at 0.0111 pound apiece, according to a Friday release. Contango will use the proceeds to pay outstanding loans and for general working capital purposes.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending