Mergers & Acquisitions ·
On September 4, 2026, Silver Bow Mining Corp. completed the initial closing of its asset purchase agreement to acquire…
SBMTSilver Bow Mining Corp.
On September 4, 2026, Silver Bow Mining Corp. completed the initial closing of its asset purchase agreement to acquire specified assets from Montana Tunnels Mining, Inc., following court approval. The company released approximately $28.58 million from escrow to satisfy creditor obligations and received a senior secured promissory note for the same amount from Montana Goldfields, Inc., which matures on November 30, 2026. Additionally, Silver Bow purchased $5 million in principal amount of MTGF's senior secured notes bearing 8% interest, payable via contingent value rights or cash upon maturity six months after issuance. The company operates in the mining industry.