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Contango ORE Corporate Update

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Tue, May 30, 2023 at 1:00 PMendedReplay
Contango ORE Corporate Update

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Speaker profile Rick Van Nieuwenhuyse

Rick Van Nieuwenhuyse

President, CEO, & Director at Contango ORE

Rick has more than 40 years of experience in the natural resource sector. Before joining Contango Ore in January 2020, he was President and Chief Executive Officer of Trilogy Metals, who are currently developing the high- grade Upper Kobuk Mineral Projects located in the Ambler Mining District of Alaska. Trilogy is a company which was created in 2012 as a spin-out from NOVAGOLD, a well-known company he founded over 20 years ago. NOVAGOLD is currently finalizing permits for the 40 million ounce Donlin Gold Project in Southwest Alaska with partner Barrick Gold, the world’s largest gold company. Previous to his role as Founder, President, and CEO of NOVAGOLD, he held the position of Vice President of Exploration for Placer Dome Inc. from 1990 to 1997. In addition to his international exploration perspective, Rick brings years of working experience in and knowledge of Alaska to Contango. Rick has managed projects from grassroots discovery through to advanced feasibility, production and closure. He has played a key role in setting up several other corporate entities including: Alexco - where he remains a Director - which is rejuvenating the Keno Hill Silver District in the Yukon; Tintina Resource (now Sandfire Resources America), which discovered and is now completing a feasibility study + permitting the high grade Black Butte copper project in Montana; and SolidusGold, where he is Chairman. Rick holds a Candidature degree in Science from the Université de Louvain, Belgium, and a Master of Science degree in Geology from the University of Arizona. He received the Thayer Lindsley award in 2009 for his role in the Donlin Gold discovery and the Colin Spence Award in 2016 for his role in the Bornite Discovery.

Replay transcript excerpt

Speaker 1: Hello everyone and welcome to the Contango Aura Inc. Live summit today hosted by 6. I'm pleased to introduce President and CEO Speaker 1: Rick Speaker 1: Van Neuwenhuysen. Speaker 1: Rick is going to be reviewing the latest updates from Contango Order, after which we'll have a live Q&A session. Throughout today's session, we will be accepting questions that you can submit using the Q&A panel on the right-hand side of your screen at any point. If you'd like to get in touch with the Contango org team, feel free to fill out the survey linked in the chat. As always, this summit is being recorded and will be available to watch afterwards on 6.com. Speaker 1: So without further ado, Rick, I'll hand it over to you to kick things off. Speaker 2: Perfect, Kyle. Thanks very much and welcome everybody. Speaker 2: Thanks for joining us today for an update on Contango. Speaker 2: Lots going on so we're going to get right into it here. Speaker 2: Of course I'll be making some forward-looking statements So just keep those in mind as we go through the presentation. Speaker 2: This is really just an update. There is a lot going on. So I'm gonna go through a series of slides Speaker 2: starting with our corporate overview and just update you on our share count. We have 7.6 million shares outstanding now, Speaker 2: 8 million fully diluted when you include options and warrants. We had a pretty exercise of number of the warrants. So Speaker 2: it's changed our share structure Speaker 2: just slightly. Speaker 2: We still have the convert out, which is convertible at $30 and 50 cents. And we have about $9.5 Speaker 2: million of cash in the bank as of May. Speaker 2: We are spending money. So Speaker 2: we're moving through things as we continue to advance Speaker 2: our Monch...

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