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CM - Contango sells more stock, signs development deal with Juneau - January 2020
Contango Oil & Gas will gross $59.2 million from a common stock sale to asset manager T. Rowe Price and other institutional and accredited investors, as well as preferred stock sales to company insiders. It will use funds for capex related to a joint development agreement with Juneau Oil & Gas. Contango will place 19 million new shares privately with the accredited investors for gross proceeds of $53.35 million, and 2.34 million Series C......
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