Contango Settles Investor Loans, Targets Initial Dividend Payment

05:20 AM EDT, 09/21/2026 (MT Newswires) -- Contango Holdings (CGO.L) settled all outstanding investor loans after receiving 5 million pounds sterling at the completion of its share subscription offer. Additionally, the UK-based natural resource development company expects to receive $2 million for the next royalty payment by 2026-end, according to a Monday release. Thanks to its improved working capital position, Contango is looking to pay a maiden dividend to shareholders and publish its audited financials for the year ended May 31 by the end of September.