Mergers & Acquisitions ·
Silver Bow Mining Corp. announced on September 8, 2026, that it received U.S. Bankruptcy Court approval and completed…
SBMTSilver Bow Mining Corp.
Silver Bow Mining Corp. announced on September 8, 2026, that it received U.S. Bankruptcy Court approval and completed the initial closing for its acquisition of the Jefferson County Metallurgical Complex from Montana Tunnels Mining, Inc. The company funded approximately US$28.58 million into an escrow account to satisfy specified creditor obligations, including US$4.27 million owed to Jefferson County and US$20.78 million to the Montana Department of Environmental Quality. In exchange for releasing these funds, Montana Goldfields, Inc. issued a senior secured note guaranteed by Montana Tunnels Mining, Inc. This initial closing is a step toward the final closing, which remains subject to customary conditions including shareholder approval for contingent value rights and NYSE American listing approval. Silver Bow Mining Corp. operates in the minerals exploration industry, advancing the Rainbow Block Silver-Zinc Project in Montana.