4/A: Contango ORE Director Amends Filing to Correct Share Holdings

A Contango ORE director, John B. Juneau, amended a previous SEC filing to correct the number of shares held indirectly through J5D Enterprises, L.P.

Summary

• John B. Juneau, a director at Contango ORE, Inc., filed an amendment to a previous Form 4 filing.
• The amendment corrects an error in the reported number of shares held indirectly through J5D Enterprises, L.P.
• The corrected number of shares held indirectly by J5D Enterprises, L.P. is 158,491.
• The original filing incorrectly stated the ending shares balance for J5D Enterprises, L.P.
• The amendment also clarifies that Mr. Juneau acquired 11,257 shares on December 4, 2024, at prices ranging from $12.00 to $12.25 per share.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating a minor administrative issue rather than a significant event. The sentiment is neutral to slightly positive as the correction shows transparency.

Negatives

• The original filing contained an error in the reported share balance for J5D Enterprises, L.P.

Risks

• Inaccurate reporting of shareholdings can lead to regulatory scrutiny and investor concern.

Industry Context

This type of filing is standard for company insiders and directors who have transactions in the company's stock. It is a routine part of regulatory compliance.

Comparison to Industry Standards

• The filing is consistent with standard SEC requirements for reporting changes in beneficial ownership by company insiders.
• Similar filings are common across all publicly traded companies in the US, such as those by directors at Newmont Corporation (NEM) or Barrick Gold (GOLD).

Stakeholder Impact

• The correction ensures accurate information is available to shareholders and the public.

Key Dates

Keywords

Contango ORE, John B. Juneau, SEC Form 4, Share Holdings, Amendment, J5D Enterprises L.P., Director, Beneficial Ownership