Silver Bow Mining Corp. amended its asset purchase agreement: sellers must use reasonable efforts to deliver audited MTMI financial statements by October 31, 2026, followed by preliminary proxy filing within 5 Business Days; the Outside Date is 60 days after delivery.
SBMT · Silver Bow Mining Corp. · Documents
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Silver Bow Mining Corp. amended its asset purchase agreement, setting an October 31, 2026 deadline for Montana Tunnels Mining audited financials, requiring a proxy filing within 5 Business Days afterward, and defining the Outside Date as 60 days after delivery.
Silver Bow Mining Corp. amended CEO C. Travis Naugle's existing Performance Warrants, vesting 200,000 tied to recent Jefferson County Metallurgical Complex and Ocean Partners UK Limited milestones. The Board also approved 2,000,000 new performance warrants at $12.00–$18.00 exercise prices.
Silver Bow Mining Corp. sold Ocean Partners UK Limited a $5.0 million secured promissory note maturing March 31, 2027, bearing interest at the 12-month secured overnight financing rate as provided by CME Group plus 6.75% per annum.
Silver Bow Mining Corp. granted Travis Naugle 3,648 restricted stock units on September 30, 2026 under its long-term incentive plan. The RSUs vest upon the earliest of a change in control, a sale of the majority of the Company’s assets, or his departure from the Board.
Silver Bow Mining Corp. disclosed Doug Stiles’s employment terms: a three (3) year term, US$240,000 base salary, a bonus up to fifty percent (50%), and severance equal to twelve (12) months, or twenty-four (24) months around a Change of Control.
Silver Bow Mining Corp. signed a non-binding term sheet with Ocean Partners on September 22, 2026 contemplating US$88 million in funding and credit support including a US$40 million prepayment facility and US$5 million pre-bridge financing and ten-year offtake agreements.
Silver Bow Mining Corp. signed a non-binding term sheet with Ocean Partners UK Limited on September 22, 2026 for potential US$88 million funding and credit support; bond guarantees are expected to release approximately US$42 million of cash reclamation bond collateral.