{"id":760715,"date":"2023-05-30T07:03:58","date_gmt":"2023-05-30T11:03:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/"},"modified":"2023-05-30T07:03:58","modified_gmt":"2023-05-30T11:03:58","slug":"contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/","title":{"rendered":"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwpagebreakafter { page-break-after: always }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nContango ORE, Inc. (\u201cCORE,\u201d \u201cContango\u201d or the \u201cCompany\u201d) (NYSE American: CTGO) is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, Contango is set to join the broad-market Russell 3000\u00ae and Russell Microcap\u00ae Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023.<\/p>\n<p>\nRick Van Nieuwenhuyse, the Company\u2019s President and Chief Executive Officer said: \u201cWe are pleased with Contango\u2019s inclusion on the Russell 3000\u00ae index preliminary list as it marks another important milestone for the Company, and with it will bring broader market awareness for the Company as we advance the Manh Choh project to production.\u201d<\/p>\n<p>\nThe annual reconstitution process for the Russell indexes captures the 4,000 largest U.S. stocks as of April 28, 2023, ranking them by total market capitalization. Membership in the U.S. All-Cap Russell 3000\u00ae Index, which remains in place for one year, means automatic inclusion in the Large-Cap Russell 1000\u00ae Index or Small-Cap Russell 2000\u00ae Index as well as the appropriate growth and value style indexes.<\/p>\n<p>\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell&#8217;s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.<\/p>\n<p>\nFor more information on the Russell Microcap\u00ae Index and the Russell indexes reconstitution, go to the &#8220;Russell Reconstitution&#8221; section on the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3874279-1%26h%3D179039763%26u%3Dhttps%253A%252F%252Fwww.ftserussell.com%252Fresources%252Frussell-reconstitution%26a%3DFTSE%2BRussell%2Bwebsite&amp;esheet=53408779&amp;newsitemid=20230529005154&amp;lan=en-US&amp;anchor=FTSE+Russell+website&amp;index=1&amp;md5=973018f7fe0181ae5256994ba2c0f518\">FTSE Russell website<\/a>.<\/p>\n<div class=\"bwpagebreakafter\" \/>\n<p>\nWith all the news flow expected throughout the month of May, we will be hosting a corporate update to go over all our recent news at the end of the month. Please use this link to register to our live event: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fmy.6ix.com%2FSTEXS5np&amp;esheet=53408779&amp;newsitemid=20230529005154&amp;lan=en-US&amp;anchor=https%3A%2F%2Fmy.6ix.com%2FSTEXS5np&amp;index=2&amp;md5=dbf6b528341adf91aab3137166e00e1c\">https:\/\/my.6ix.com\/STEXS5np<\/a><\/p>\n<p><b>ABOUT CORE<\/b><\/p>\n<p>\nCORE is a company that engages in the exploration in Alaska for gold and associated minerals through a 30% interest in Peak Gold LLC (\u201cPGJV\u201d), which leases approximately 675,000 acres for exploration and development, and through a 100% owned subsidiary, Contango Minerals Alaska, LLC, which leases approximately 200,000 acres for exploration. The Company also owns the rights to the Lucky Shot, Coleman and War Baby mines, and approximately 16,600 acres of surrounding mining claims located in the Willow Mining District about 75 miles north of Anchorage, Alaska. Additional information can be found on our web page at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.contangoore.com&amp;esheet=53408779&amp;newsitemid=20230529005154&amp;lan=en-US&amp;anchor=www.contangoore.com&amp;index=3&amp;md5=393a7622e50df3940c4678739c000fc7\">www.contangoore.com<\/a>.<\/p>\n<p><b>FORWARD-LOOKING STATEMENTS<\/b><\/p>\n<p>\nThis press release contains forward-looking statements regarding CORE that are intended to be covered by the safe harbor for \u201cforward-looking statements\u201d provided by the Private Securities Litigation Reform Act of 1995, based on CORE\u2019s current expectations and includes statements regarding future results of operations, quality and nature of the asset base, the assumptions upon which estimates are based and other expectations, beliefs, plans, objectives, assumptions, strategies or statements about future events or performance (often, but not always, using words such as \u201cexpects\u201d, \u201cprojects\u201d, \u201canticipates\u201d, \u201cplans\u201d, \u201cestimates\u201d, \u201cpotential\u201d, \u201cpossible\u201d, \u201cprobable\u201d, or \u201cintends\u201d, or stating that certain actions, events or results \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, or \u201ccould\u201d be taken, occur or be achieved). Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those, reflected in the statements. These risks include, but are not limited to: the risks of the exploration and the mining industry (for example, operational risks in exploring for, developing mineral reserves; risks and uncertainties involving geology; the speculative nature of the mining industry; the uncertainty of estimates and projections relating to future production, costs and expenses; the volatility of natural resources prices, including prices of gold and associated minerals; the existence and extent of commercially exploitable minerals in properties acquired by CORE or PGJV; ability to realize the anticipated benefits of PGJV; potential delays or changes in plans with respect to exploration or development projects or capital expenditures; the interpretation of exploration results and the estimation of mineral resources; the loss of key employees or consultants; health, safety and environmental risks and risks related to weather and other natural disasters); uncertainties as to the availability and cost of financing; CORE\u2019s inability to retain or maintain its relative ownership interest in PGJV; inability to realize expected value from acquisitions; inability of our management team to execute its plans to meet its goals; the extent of disruptions caused by the an outbreak of disease, such as the COVID-19 pandemic; and the possibility that government policies may change, political developments may occur or governmental approvals may be delayed or withheld, including as a result of presidential and congressional elections in the U.S. or the inability to obtain mining permits. Additional information on these and other factors which could affect CORE\u2019s exploration program or financial results are included in CORE\u2019s other reports on file with the U.S. Securities and Exchange Commission. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. CORE does not assume any obligation to update forward-looking statements should circumstances or management\u2019s estimates or opinions change.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230529005154r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230529005154\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230529005154\/en\/<\/a><\/span><\/p>\n<p>\nContango ORE, Inc.<br \/>\n<br \/>Rick Van Nieuwenhuyse<br \/>\n<br \/>(713) 877-1311<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.contangoore.com&amp;esheet=53408779&amp;newsitemid=20230529005154&amp;lan=en-US&amp;anchor=www.contangoore.com&amp;index=4&amp;md5=6f170d74945c27e859e883699be90ebe\">www.contangoore.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mining\/Minerals Natural Resources<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230529005154\/en\/1805193\/3\/Contango_Metallic1.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes HOUSTON&#8211;(BUSINESS WIRE)&#8211; Contango ORE, Inc. (\u201cCORE,\u201d \u201cContango\u201d or the \u201cCompany\u201d) (NYSE American: CTGO) is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, Contango is set to join the broad-market Russell 3000\u00ae and Russell Microcap\u00ae Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023. Rick Van Nieuwenhuyse, the Company\u2019s President and Chief Executive Officer said: \u201cWe are pleased with Contango\u2019s inclusion on the Russell 3000\u00ae index preliminary list as it marks another important milestone for the Company, and with it will bring broader market awareness for the Company as we &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760715","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes HOUSTON&#8211;(BUSINESS WIRE)&#8211; Contango ORE, Inc. (\u201cCORE,\u201d \u201cContango\u201d or the \u201cCompany\u201d) (NYSE American: CTGO) is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, Contango is set to join the broad-market Russell 3000\u00ae and Russell Microcap\u00ae Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023. Rick Van Nieuwenhuyse, the Company\u2019s President and Chief Executive Officer said: \u201cWe are pleased with Contango\u2019s inclusion on the Russell 3000\u00ae index preliminary list as it marks another important milestone for the Company, and with it will bring broader market awareness for the Company as we &hellip; Continue reading &quot;Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-30T11:03:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230529005154r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes\",\"datePublished\":\"2023-05-30T11:03:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\\\/\"},\"wordCount\":917,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230529005154r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\\\/\",\"name\":\"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/","og_locale":"en_US","og_type":"article","og_title":"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes - Market Newsdesk","og_description":"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes HOUSTON&#8211;(BUSINESS WIRE)&#8211; Contango ORE, Inc. (\u201cCORE,\u201d \u201cContango\u201d or the \u201cCompany\u201d) (NYSE American: CTGO) is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, Contango is set to join the broad-market Russell 3000\u00ae and Russell Microcap\u00ae Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023. Rick Van Nieuwenhuyse, the Company\u2019s President and Chief Executive Officer said: \u201cWe are pleased with Contango\u2019s inclusion on the Russell 3000\u00ae index preliminary list as it marks another important milestone for the Company, and with it will bring broader market awareness for the Company as we &hellip; Continue reading \"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-30T11:03:58+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230529005154r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes","datePublished":"2023-05-30T11:03:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/"},"wordCount":917,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230529005154r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/contango-ore-set-to-join-russell-3000-and-russell-microcap-indexes\/","name":"Contango ORE Set to Join Russell 3000\u00ae and Russell Microcap Indexes - 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