On January 1, 2024, Leah Gaines stepped down from her position as Chief Financial Officer Contango Ore, Inc. As previously reported in the Company?s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 4, 2023, Ms. Gaines entered into a retention agreement with the Company, a copy of which was filed therein. This transition is not the result of any disagreement between Ms. Gaines and the Company or management. Effective January 1, 2024, Michael Clark was appointed to serve as Chief Financial Officer and Secretary of the Company.

Mr. Clark will perform the functions of the Company?s principal financial officer. Mr. Clark had served as Executive Vice President, Finance for the Company since July 11, 2023. Mr. Clark, 42, previously served as Chief Financial Officer of Alexco Resource Corp., from December 2014 until its acquisition by Hecla Mining Company in September 2022.

Mr. Clark has spent over 18 years in the mining sector, all of it in executive management roles. Mr. Clark is a Chartered Professional Accountant and holds a Bachelor of Technology in Accounting degree from the British Columbia Institute of Technology.