---
title: "Contango Silver & Gold amends credit facility, lifts principal to $46.3 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292111901.md"
description: "Contango Silver & Gold amended its credit facility, increasing the principal to $46.3 million by converting 15,000 ounces of gold hedges into debt. The interest rate was reduced to approximately 7.40% from 8.9%. The conversion added $33 million in debt based on strikes at $1,935, plus $715,000 for put contracts. Repayments are scheduled through June 2027."
datetime: "2026-07-08T20:31:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292111901.md)
  - [en](https://longbridge.com/en/news/292111901.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292111901.md)
generator: "portal-rs"
---

# Contango Silver & Gold amends credit facility, lifts principal to $46.3 million

-   Contango Silver & Gold amended its credit facility to convert the remaining 15,000 ounces of gold hedges into debt. \* Amendment cut the interest rate to about 7.40% from about 8.9%. \* Conversion turned hedges struck at USD 1,935 into USD 33 million of debt; total principal rose to USD 46.3 million. \* Company added USD 715,000 of cost for 15,000 put contracts struck at USD 3,100 to the debt. \* Principal repayments scheduled through June 30, 2027, including USD 15.5 million due March 31, 2027 and USD 28.8 million due June 30, 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Contango Silver & Gold Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-298578), on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**