Business
Contango Acquires The Garalo Gold Project in Mali and Raises £1.8 million at 5p per Share Carl Esprey, Executive Director of Contango Holdings, said: "I am delighted to confirm the acquisition of Garalo for just US$1M. It is a deposit both myself and our newly appointed in-country mine manager have known for some time and I am confident it is an ideal fit within the Contango portfolio, which is focused on low capex, high margin, near term production assets.