{"filing":{"accession_number":"0001193125-26-298578","cik":"0001502377","ticker":"CTGO","company_name":"Contango Silver \u0026 Gold Inc.","form":"8-K","filing_date":"2026-07-08","report_date":null,"primary_document":"ctgo-20260701.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1502377/000119312526298578/ctgo-20260701.htm"},"events":[{"id":16728,"run_id":14958,"accession_number":"0001193125-26-298578","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.88,"summary":"Contango Silver \u0026 Gold amended its credit facility (Amendment No. 13) to convert 15,000 ounces of hedged gold contracts into approximately $33.0 million of new debt, plus $715,000 for put option contracts, increasing total principal from $12.6 million to $46.3 million with a reduced interest rate of 7.40% and scheduled repayments through June 2027.","company_name":"Contango Silver \u0026 Gold Inc.","ticker":"CTGO","filing_date":"2026-07-08","form":"8-K","submitted_at":null,"items":[{"id":14907,"accession_number":"0001193125-26-298578","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The filing discloses Amendment No. 13 to the Credit Agreement, which increases the principal amount of term loans by approximately $33 million, with proceeds used to terminate existing hedge agreements and purchase put option contracts. This represents a material creation of new direct financial obligations under the existing credit facility. While the amendment also modifies terms (margin reduction, hedge conversions), the core event is the $33M debt increase, which is the primary financial obligation being created.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:31:56.105251+00:00","company_name":"","ticker":null,"filing_date":""},{"id":14908,"accession_number":"0001193125-26-298578","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses an amendment to the company's credit facility that converts 15,000 ounces of hedged gold contracts into $33.0 million of debt, plus an additional $715,000 for put contracts, increasing total principal from $12.6M to $46.3M with scheduled repayments through June 2027. This represents a material creation of a direct financial obligation through debt restructuring, with a reduced interest rate of 7.40% and specific repayment terms, fitting the debt_issuance category.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:31:56.105251+00:00","company_name":"","ticker":null,"filing_date":""},{"id":14909,"accession_number":"0001193125-26-298578","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Company amended its credit facility to convert 15,000 ounces of remaining gold hedge contracts into $33.0 million of debt, increasing total principal from $12.6 million to $46.3 million with a reduced interest rate of 7.40%. This represents a material modification of an existing direct financial obligation—the creation of new debt through conversion of hedges—which is the hallmark of debt_issuance. While the amendment also involves a strategic hedge liquidation, the primary disclosed action is the creation of new debt obligations with scheduled repayments through June 2027.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:31:56.105251+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":14907,"accession_number":"0001193125-26-298578","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The filing discloses Amendment No. 13 to the Credit Agreement, which increases the principal amount of term loans by approximately $33 million, with proceeds used to terminate existing hedge agreements and purchase put option contracts. This represents a material creation of new direct financial obligations under the existing credit facility. While the amendment also modifies terms (margin reduction, hedge conversions), the core event is the $33M debt increase, which is the primary financial obligation being created.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:31:56.105251+00:00","company_name":"Contango Silver \u0026 Gold Inc.","ticker":"CTGO","filing_date":"2026-07-08"},{"id":14908,"accession_number":"0001193125-26-298578","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses an amendment to the company's credit facility that converts 15,000 ounces of hedged gold contracts into $33.0 million of debt, plus an additional $715,000 for put contracts, increasing total principal from $12.6M to $46.3M with scheduled repayments through June 2027. This represents a material creation of a direct financial obligation through debt restructuring, with a reduced interest rate of 7.40% and specific repayment terms, fitting the debt_issuance category.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:31:56.105251+00:00","company_name":"Contango Silver \u0026 Gold Inc.","ticker":"CTGO","filing_date":"2026-07-08"},{"id":14909,"accession_number":"0001193125-26-298578","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Company amended its credit facility to convert 15,000 ounces of remaining gold hedge contracts into $33.0 million of debt, increasing total principal from $12.6 million to $46.3 million with a reduced interest rate of 7.40%. This represents a material modification of an existing direct financial obligation—the creation of new debt through conversion of hedges—which is the hallmark of debt_issuance. While the amendment also involves a strategic hedge liquidation, the primary disclosed action is the creation of new debt obligations with scheduled repayments through June 2027.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-08T20:31:56.105251+00:00","company_name":"Contango Silver \u0026 Gold Inc.","ticker":"CTGO","filing_date":"2026-07-08"}]}