Group 1 - Dolly Varden Silver Corporation (DVS) and Contango Ore have announced a merger of equals, with stockholders of each company controlling approximately 50% of the new entity, MergeCo [2] - The merged company will own the Manh Choh gold mine in Alaska and several silver and gold prospects in British Columbia and Alaska, including Johnson Tract and Kitsault Valley [2] - The anticipated closing date for the merger is late February or early March 2026, with a $15 million reciprocal termination charge in place [2] Group 2 - The 2025 exploration program at Kitsault Valley completed 56,131 meters in 84 drill holes, focusing on new prospects and existing deposits [3] - As of January 21, 2026, DVS's stock has increased by 18.58% year-to-date [3]
Contango Ore and Dolly Varden Silver Corporation (DVS) Announce Merger of Equals