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Contango Ore and Dolly Varden Silver Announce Merger of Equals
ByAinvest
Tuesday, Dec 9, 2025 12:20 pm ET1min read
Contango Ore and Dolly Varden Silver Corp. are merging to form a larger precious metal company with significant cash reserves and high upside potential as gold and silver prices rise in 2026. The merger will combine Contango's Alaska operations, including its gold mine Lucky Shot and mineral claim Johnson Tract, with Dolly Varden's exploration and development assets. The resulting company will have a tighter share structure and reduced dilution, with a market cap of around $390 million.
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