Silver Bow Mining signs term sheet with Ocean Partners for US$40 million concentrate prepayment facility

• Silver Bow Mining signed a non-binding term sheet with Ocean Partners for an integrated funding and credit support package of about USD 88 million.
• Package includes a USD 40 million concentrate prepayment facility tied to 10-year zinc and lead concentrate offtake from Rainbow Block and Montana Tunnels.
• Facility split into USD 10 million at initial closing, USD 20 million on a board restart or refurbishment resolution, USD 10 million after three months’ deliveries.
• Ocean Partners expects to fund a binding USD 5 million pre-closing bridge note within five business days, credited against the first tranche.
• Ocean Partners would provide up to USD 43.1 million of reclamation bond guarantees, potentially releasing about USD 42 million of cash to the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silver Bow Mining Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260922135011) on September 22, 2026, and is solely responsible for the information contained therein.