Dolly Varden Silver Corp. has filed its management information circular and received an interim order from the Supreme Court of British Columbia regarding its previously announced transaction with Contango ORE, Inc. Under the terms of the agreement, Contango will acquire all outstanding common shares of Dolly Varden. Shareholders of Dolly Varden will receive 0.1652 of a Contango share for each Dolly Varden share held, with an option for eligible Canadian shareholders to elect to receive exchangeable shares in a Canadian subsidiary of Contango. The Dolly Varden board of directors has unanimously recommended the transaction, citing opportunities for shareholders to participate in the combined company's future value and anticipated continuity in senior leadership. Voting support agreements have been secured with directors, officers, and certain large shareholders.

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