Contango stockholders advised to vote FOR Dolly Varden arrangement after ISS recommendation
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Contango stockholders are advised to vote FOR the proposed arrangement with Dolly Varden, following recommendations from independent proxy advisors, including ISS. The arrangement involves converting each Dolly Varden share into 0.1652 Contango shares. Contango expects current stockholders to retain approximately 50% ownership post-arrangement. A fairness opinion from Canaccord Genuity confirmed the exchange ratio's fairness. After closing, Contango plans to adopt the name Contango Silver & Gold and will have new leadership and a seven-member board.
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